10222 Parkgate Avenue Cleveland, OH 44108

This is a turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. The upper unit is leased through CMHA Section 8 at $1,326 per month. The lower unit is renovated, vacant, and rent-ready with a projected rent of approximately $1,200 per month, producing an estimated gross income of approximately $2,526 per month, or approximately $30,000 per year, once stabilized. The property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. The spacious layouts feature large living and dining areas, and two bedrooms per unit, with abundant natural light. A covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking. Lead-safe certification has been completed in accordance with Cleveland requirements. The basement includes updated electrical panels. Separate utilities are typical for the area. The property is conveniently located with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services, supporting strong tenant demand and consistent occupancy. It is ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. The turnkey condition minimizes upfront capital expenditures and simplifies the transition to new ownership. The lot size is 0.101 acres.