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Renovated Duplex with Rental Unit Potential
New
For Sale
$159,800

10121 Parkgate Avenue, Cleveland, OH 44108

ResidentialIncome, Cleveland, OH

Property Size2,753 SF
Lot Size0.10 Acres
Price / SF$58.05
Days on Market7

Property Features for 10121 Parkgate Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Laundry Room, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2, Basement, Bathroom 1
Parking features Garage
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions East off Martin Luther King Jr. Dr.
Standard status Active
APN 109-04-046
Size 2,753 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 377 SUPPK 0458 ALL
Tax Annual Amount 1209
Legal Description 377 SUPPK 0458 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1911
Floors in Building 3
Building materials WoodSiding
Roof type Fiberglass, Asphalt
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Keleigh Veraldo-Zucchero · License #2021001993
Added: Sep 12 Changed: Sep 13 Last Checked: Sep 18 at 10:06AM
MLS# 5243885

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 2,753-square-foot duplex includes two existing apartments with distinct layouts. The first-floor residence has 2 bedrooms and 1 full bath, along with an open living area, formal dining room, updated lighting, LVP flooring, fresh paint, revised plumbing, and a new gas furnace. The second-floor apartment contains 3 bedrooms and 2 full baths, original woodwork, new LVP flooring, updated lighting, fresh paint, revised plumbing, and a gas furnace. Both units include basement laundry hookups and additional tenant storage.

The third floor has updated flooring and new windows and may offer the ability to create an additional apartment, subject to buyer verification and applicable requirements. Recent property work also includes new vinyl windows on the second and third floors, two new gas furnaces, rental registration, furnace certifications, and completion of a 25-year lead inspection. Built in 1911, the property has wood siding, public water and sewer service, a garage, forced-air natural-gas heating, and window-unit cooling.

Key Highlights

  • Two existing apartments with 2‑bedroom/1‑bath and 3‑bedroom/2‑bath layouts
  • 2,753 square feet on a 0.101‑acre lot
  • Third‑floor space with potential for an additional rental unit, subject to verification and requirements

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Spa & Massage Center Pharmacy

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

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
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 - Two occupied apartments feature updated finishes, separate laundry hookups, storage areas, and recent mechanical improvements.
Where is this duplex located?
The property is located at 10121 Parkgate Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $159,800.
What are key features of this property?
This property features: Two existing apartments with 2‑bedroom/1‑bath and 3‑bedroom/2‑bath layouts; 2,753 square feet on a 0.101‑acre lot; Third‑floor space with potential for an additional rental unit, subject to verification and requirements
More about this property
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