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Occupied Duplex Investment Property

15506 Elderwood Avenue Cleveland, OH 44112

15506 Elderwood Avenue, Cleveland, OH, 44112
$49,000
Pending
For Sale
$49,000
Pending

MULTI_FAMILY - Cleveland, OH

Property Size2,288 SF
Lot Size0.10 Acres
Days on Market113

Property Features for 15506 Elderwood Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Basement, Bathroom 1
Parking features
Driveway, On Street
Standard status
Pending
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

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
29225 Chagrin Boulevard #105, Cleveland, OH
Listed by Patrice Reynolds · License #2021008739
Added: Mar 27 Checked: Jul 17 at 4:06 pm
MLS# 5195095 Listing URL

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 for-sale duplex at 15506 Elderwood Avenue is currently occupied and generating income. The property is approximately 2,288 square feet and sits on a lot of about 0.1038 acres. While the home requires some TLC, it presents a clear option for buyers looking to make improvements and refresh the asset.

The property is located in Cleveland, Ohio 44112 (Cuyahoga County). It is presented as an income-oriented duplex, with existing tenancy in place at the time of listing.

For investors or owner-occupants seeking an occupied two-unit property, this duplex offers the benefit of in-place rental income while providing room for value through updates. Consider it for your renovation scope if you’re comfortable taking on needed repairs and cosmetic improvements to bring the property to your standards.

Key Highlights

  • Occupied duplex generating income, with the unit already producing rent
  • Year built 1922 with forced‑air heating
  • Public water and public sewer available

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office HVAC Service Gym & Fitness Center Cafe & Coffee Shop Kitchen & Bath Showroom Electrical Service Computer & Electronic Repair Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Occupied duplex for sale in need of some TLC, offering immediate rental income and renovation opportunity.
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 $49,000.
What are key features of this property?
This property features: Occupied duplex generating income, with the unit already producing rent; Year built 1922 with forced‑air heating; Public water and public sewer available
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More about this property
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