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    16001 Arcade Ave Cleveland, OH 44110

    For Sale
    $158,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    1,560 SF
    Lot size:
    0.16 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 12 at 10:06 am

    Property Features for 16001 Arcade Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Basement, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Laundry Room
    Bedrooms
    4
    Bathrooms
    2
    APN
    113-15-050
    Parking features
    Garage
    Size
    1,560 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Asphalt, Fiberglass

    Keller Williams Elevate (440) 572-1200 [email protected]

    Listing agent Tresa M Klein (440) 342-5766 License #2007005579

    Listing date Oct 24, 2025

    Copyright © 2025 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.

    Overview

    Turnkey Duplex in Cleveland, OH

    This turnkey, fully occupied duplex in Cleveland, Ohio, is a well-maintained property with reliable tenants. The entire home is in good condition, generating a total of $1675 per month. The property features updates including vinyl siding and vinyl replacement windows. This stabilized duplex, situated on a 0.16-acre lot, can be purchased individually or as part of a portfolio package. The property is lead certified. The property size is 1560 square feet. Rents have potential for improvement and increases, as they are currently below market value due to long-term tenants who maintain the property and pay rent on time. The seller prefers to sell as a package at a total price of $821,500.00, offering a $30,000.00 credit or reduction to the total list price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.569185
    Latitude
    41.573506

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex generating $1675 monthly income.
    Where is this duplex located?
    The property is located at 16001 Arcade Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $158,000.
    What are key features of this property?
    This property features: - Turnkey, fully occupied duplex generating $1675 per month.; - Part of a portfolio package with potential $30,000 credit if purchased together.; - Lead certified property.
    (440) 342-5766
    Request Owner's contact information
    16001 Arcade Ave Cleveland, OH 44110
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    Cleveland, OH 44110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16001 Arcade Ave Cleveland, OH 44110
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