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Occupied Duplex with Basement
For Sale
$32,000

15506 Elderwood Avenue, Cleveland, OH 44112

ResidentialIncome, Cleveland, OH

Property Size2,288 SF
Lot Size0.10 Acres
Price / SF$13.99
Days on Market162

Property Features for 15506 Elderwood Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Parking features On Street, Driveway
Subdivision Euclid Coit Realty Cos
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions 90W to Calcutta, exit 181 for E 152nd St to Elderwood Ave
Standard status Active
APN 673-04-008
Size 2,288 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 44 EUC COIT 000D EP
Tax Annual Amount 709
Legal Description 44 EUC COIT 000D EP

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1922
Floors in Building 3
Building materials AluminumSiding, VinylSiding
Roof type Asphalt
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Patrice Reynolds · License #2021008739
Added: Mar 27 Changed: Sep 1 Last Checked: Sep 4 at 10:06AM
MLS# 5195095

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This occupied duplex offers 2,288 square feet within a 1922-built residential property. The layout includes four bedrooms, two bathrooms, and a basement, with forced-air heating and an asphalt roof. Aluminum and vinyl siding complete the exterior.

The property sits on a 0.1038-acre lot in Cleveland, Ohio, with public water and public sewer service. Parking is provided by a driveway and on-street spaces. Buyer will assume existing POS violations, and showings are available only after an accepted offer, subject to viewing.

Key Highlights

  • Occupied duplex with 2,288 square feet of property size
  • Four bedrooms, two bathrooms, and a basement
  • Built in 1922 with aluminum and vinyl siding

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Gym & Fitness Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

417
Businesses Nearby

Demographics for 44112, OH

18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied two-unit property with forced-air heat, public utilities, driveway parking, and a basement.
Where is this duplex located?
The property is located at 15506 Elderwood Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $32,000.
What are key features of this property?
This property features: Occupied duplex with 2,288 square feet of property size; Four bedrooms, two bathrooms, and a basement; Built in 1922 with aluminum and vinyl siding
More about this property
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