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BEDS6
BATHS2 full
MLS#5198515
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCalhoons Allotment
SCHOOLCleveland Municipal - 1809
Property Description
Rare chance to acquire a true multi-unit asset in Cleveland: two fully independent single-family homes on one parcel, offering diversified income streams, reduced vacancy risk, and strong long-term upside. This property has been well maintained, thoughtfully updated, and positioned for both immediate cash flow and future appreciation. Both units are currently occupied on a month-to-month contract, providing stable, turnkey rental income. The front house features recent updates including new flooring, kitchen improvements, fresh paint, a new electrical panel, and a new furnace. A wheelchair lift was also installed on the front porch and stays with the property. The back house is a ranch-style home which features a 2-bedroom 1 bath unit. This rare two-home configuration, strong rental performance, and low-maintenance updates make this an outstanding investment opportunity that won't last long.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete
Cooling: Ceiling Fan(s), Window Unit(s)
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,281 / year
Year Built: 1914
Feature Descriptions
Accessibility: Accessible Elevator Installed
Days on Site: 9
Exterior: Wood Siding
Parcel#: 111-14-005
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: peterpaparizos@kw.com, 440-463-2999
Shown By
Agent Name: Jenna Fitch
Agent Phone: (567) 246-3020
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 665.86 per month $531.40 Principal & Interest $106.75 Property Tax $27.71 Homeowner's InsuranceChange Payment Information
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567 E 128th Street | MLS# 5198515
This multi-family property located at 567 E 128th Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $95,000. E 128th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.thefitchgroupofkeyrealty.com today.