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    20249 Lake Shore Blvd Cleveland, OH 44123

    Pending
    For Sale
    $260,000

    MULTI_FAMILY - Euclid, OH

    Property size:
    3,186 SF
    Lot size:
    0.19 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 20249 Lake Shore Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 5, Bedroom 6, Basement, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Laundry Room, Bathroom 4, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    642-02-166
    Parking features
    Garage
    Appliances
    Dishwasher, Range, Refrigerator
    Size
    3,186 SF
    Lot size
    0.19 Acres

    Utilities

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

    Building Details

    Year built
    1984
    Floors in Building
    2
    Building materials
    Brick, Block
    Roof type
    Asphalt

    Greater Cleveland (216) 839-5500 [email protected]

    Listing agent Melanie M Sweeney (216) 288-0199 License #2016002803

    Listing date Nov 20, 2025

    MLS# 5160330 Listing URL

    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

    Euclid Duplex on Lake Shore

    This side-by-side brick duplex, custom built in 1984, offers nearly 2,000 square feet per unit. Each unit features 3 bedrooms, 1.5 baths, and a private finished basement. A shared 2-car garage is also included. The property has been owned by only two families and diligently maintained. Renovations to kitchens, baths, flooring, and interior paint are recommended to maximize rental income. The location is in one of Euclid's highest rent locations, with strong rental demand and rapidly increasing rents. The property is located on Lake Shore Blvd in Euclid, OH. The lot size is 0.1919 acres and the total property size is 3,186 square feet. Owner occupants and tenants alike can live the lake lifestyle with membership privileges at Arcadia Beach Club. Plus, this home is just minutes from the urban oasis of Euclid Creek Reservation where there is something for everyone year-round with more beaches, parks, nature preserves and scenic overlooks, a marina for boating and fishing, picnic pavilions, and even an historic village. The property is suitable for both owner-occupants looking to offset their mortgage with rental income and investors seeking low-risk opportunities with strong equity gains. After renovations, these units will command top market rents and deliver high cap rates, cash-on-cash returns, and flexible exit strategies.
    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
    -81.538903
    Latitude
    41.602495

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    FAQs

    What type of property is this?
    Duplex - Rare, well-maintained duplex with renovation potential in prime Euclid location.
    Where is this duplex located?
    The property is located at 20249 Lake Shore Blvd Cleveland, OH.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Rare side-by-side brick duplex on Lake Shore Blvd with nearly 2,000 SF per unit.; - High rental income potential in a high-demand location with rapidly increasing rents.; - Opportunity for owner-occupancy: live in one unit and rent the other to cover mortgage.
    (216) 288-0199
    Request Owner's contact information
    20249 Lake Shore Blvd Cleveland, OH 44123
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    Cleveland, OH 44123
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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
    20249 Lake Shore Blvd Cleveland, OH 44123
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