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Two-Unit Duplex with Tenants
New
For Sale
$130,000

1882 Colonnade Road, Cleveland, OH 44112

ResidentialIncome, Cleveland, OH

Property SizeContact for details
Lot Size0.15 Acres
Days on Market7

Property Features for 1882 Colonnade Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Subdivision Colonial Heights
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions Off Euclid Ave.
Standard status Active
APN 117-12-024
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 10 COLHTS 0097 ALL
Tax Annual Amount 1293
Legal Description 10 COLHTS 0097 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1925
Floors in Building 3
Building materials VinylSiding
Roof type Asphalt, Fiberglass
Listing Agency: Keller Williams Greater Cleveland Northeast · Keller Williams Realty
Listed By: Antoine Moss · License #2021000851
Added: Sep 13 Changed: Sep 17 Last Checked: Sep 19 at 4:06AM
MLS# 5244616

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 duplex contains two occupied residential units with functional layouts and separate utility arrangements. The property includes four bedrooms, two bathrooms, and a basement, with forced-air heating and vinyl siding. Fiberglass and asphalt roofing materials are documented, and the building dates to 1925.

The 0.1543-acre parcel is served by public water and public sewer. Existing tenants are in place, providing an already occupied two-unit residential configuration for an investor seeking an income-producing property.

Key Highlights

  • Two‑unit duplex with tenants already in place
  • 0.1543‑acre lot in Cleveland, OH 44112
  • Four bedrooms, two bathrooms, and a basement

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

564
Businesses Nearby

Demographics for 44112, OH

18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied duplex with separate utility arrangements, public services, and a 1925 construction date.
Where is this duplex located?
The property is located at 1882 Colonnade Road Cleveland, OH.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑unit duplex with tenants already in place; 0.1543‑acre lot in Cleveland, OH 44112; Four bedrooms, two bathrooms, and a basement
More about this property
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