18428 Winslow Road Shaker Heights, OH 44122
MULTI_FAMILY - Shaker Heights, OH
Property Features for 18428 Winslow Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bathroom 3, Laundry Room, Bedroom 4, Bedroom 6, Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5
- Standard status
- Active
- APN
- 736-06-041
- Size
- 2,520 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 43 VANS#23 0906 ALL
- Tax Annual Amount
- 8975
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1929
- Floors in Building
- 3
- Building materials
- Brick, Cedar, Stucco
- Roof type
- Fiberglass, Asphalt
Listing agent Michael A Roberts License #2016002011 (330) 607-8592
Listing office Keller Williams Living 32875 Solon Road, Suite 100, Solon, OH (440) 318-1620
Listing date Jun 26, 2026
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.
Located in Shaker Heights, the property is reported to be within minutes of the Van Aken District and rapid transit, with nearby access to parks, shopping, and restaurants.
For investors, this configuration provides two income-producing units under separate tenancies. For owner-occupants, the duplex layout may support a live-in arrangement while continuing to rent the other unit, subject to tenant and lease terms in place at the property.
Key Highlights
- Classic Tudor‑style duplex in the Winslow Road Historic District, built in 1929
- Construction materials include brick, cedar, and stucco
- Upper unit: 5 bedrooms and 2 full bathrooms; tenant‑occupied at $1,830/month
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 | $40.8k | $16.20 |
| − Vacancy | −$2.7k | −$1.05 |
| EGI | $38.2k | $15.15 |
| − OpEx | −$11.5k | −$4.54 |
| NOI | $26.7k | $10.60 |
