Lyndhurst Duplex: Income
1715 Edgefield Road Lyndhurst, OH 44124
1715 Edgefield Road, Lyndhurst, OH, 44124
$264,900
Pending
For Sale
$264,900
Pending
MULTI_FAMILY - Lyndhurst, OH
Property Size1,930 SF
Lot Size0.19 Acres
Days on Market107
Property Features for 1715 Edgefield Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement
- Parking features
- Garage, Driveway
- Standard status
- Pending
- APN
- 714-10-001
- Size
- 1,930 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 3-27 LYNDMAN 0083 ALL
- Tax Annual Amount
- 4920
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Steam
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Asphalt, Fiberglass
Listing agency
Century 21 Premiere Properties, Inc.
(216) 455-7677
Listed by
Seth L Young · License #2009003929
(216) 374-8589
Added: Apr 7 Updated: Jul 17 at 4:56PM Checked: Jul 22 at 7:06AM
MLS# 5199517
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 multi-family property is a turnkey, income-generating duplex located in Lyndhurst, Ohio. The property, situated on a 0.1947-acre lot, offers immediate rental income and long-term investment potential. The building has 1930 square feet of space. Its location provides convenient access to shopping, restaurants, parks, schools, and major commuter routes. This property represents an opportunity to secure a valuable asset in a well-established neighborhood.
Key Highlights
- Turnkey duplex with built‑in rental income potential
- Built in 1930
- Heating includes steam and hot water (heating)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.0k | $12.96 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $23.4k | $12.12 |
| − OpEx | −$7.0k | −$3.64 |
| NOI | $16.4k | $8.48 |
1,930 SF · lease $12.96/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.9K
$204.6K – $272.9K
NOI $16,371 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$205.0K
$179.4K – $239.2K
NOI $14,353 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$363.4K
$318.0K – $424.0K
NOI $25,438 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey duplex in Lyndhurst, near amenities and commuter routes.
Where is this duplex located?
The property is located at 1715 Edgefield Road Lyndhurst, OH.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Turnkey duplex with built‑in rental income potential; Built in 1930; Heating includes steam and hot water (heating)
