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Brick Duplex with Garage
For Sale
$239,900
Pending

18323 Newell Road, Shaker Heights, OH 44122

ResidentialIncome, Shaker Heights, OH

Property Size3,350 SF
Lot Size0.15 Acres
Days on Market141

Property Features for 18323 Newell Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 1
Parking features Garage, Driveway
Window features Wood Frames, Blinds
Interior features Bookcases, CrownMolding, EntranceFoyer, PrimaryDownstairs, Storage
Exterior features RainGutters
Appliances Dishwasher, Range, Refrigerator
Lot features Sloped Down, Front Yard, Near Public Transit, Wooded
Elementary school district Shaker Heights CSD - 1827
Middle school district Shaker Heights CSD - 1827
High school district Shaker Heights CSD - 1827
Directions Chagrin Blvd to Glencairn to Newell.
Standard status Pending
APN 736-20-045
Size 3,350 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9194

Utilities

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

Building Details

Year built 1927
Floors in Building 3
Building materials Brick, ShingleSiding, WoodSiding
Roof type Fiberglass, Asphalt
Additional Structures Storage
Listing Agency: Century 21 Homestar · Century 21 Real Estate
Listed By: Louis S Powers · License #327596
Added: May 7 Changed: Sep 23 Last Checked: Sep 24 at 2:06PM
MLS# 5207718

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.

Built in 1927, this 3,350-square-foot brick duplex occupies a 0.1534-acre lot and offers a three-level residential layout. The first and second floors each include two bedrooms, a bathroom, a sunroom suitable for office use, and oak flooring. The third floor has a private entrance, one bedroom, a living room, and a full bathroom.

Building improvements include newer gable roofing, updated hot water tanks, and forced-air furnaces, with additional baseboard heating. Interior details include bookcases, crown molding, an entrance foyer, storage, and a main-level primary bedroom. The property also includes a two-car garage, driveway parking, public water, and public sewer. A dishwasher, range, and refrigerator are included.

Key Highlights

  • 3,350 square feet on a 0.1534‑acre lot
  • Two‑car garage with driveway parking
  • Two floors with 2 bedrooms, sunroom, bath, and oak floors on each

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store Auto Repair Shop Dental Office

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 44122, OH

36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Three-level layout includes two-bedroom units, a separate one-bedroom floor, sunrooms, and updated mechanical systems.
Where is this duplex located?
The property is located at 18323 Newell Road Shaker Heights, OH.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 3,350 square feet on a 0.1534‑acre lot; Two‑car garage with driveway parking; Two floors with 2 bedrooms, sunroom, bath, and oak floors on each
More about this property
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