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Renovated Duplex with Updated Systems
New
For Sale
$239,900

10741 Churchill Avenue, Cleveland, OH 44106

ResidentialIncome, Cleveland, OH

Property Size1,924 SF
Lot Size0.05 Acres
Price / SF$124.69
Days on Market4

Property Features for 10741 Churchill Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Laundry Room, Bedroom 4, Bedroom 1
Parking features Driveway
Interior features CeilingFans, HighCeilings, LaminateCounters, Pantry, RecessedLighting, Storage, WalkInClosets
Fencing Privacy, Fenced
Appliances Dryer, Disposal, Range, Refrigerator, Washer
Subdivision Phillips
Lot features Less Than Half Acre, City Lot, Flat, Interior Lot, Level
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions East off E 105th St. N of Wade Park Ave.
Standard status Active
APN 120-01-042
Size 1,924 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 386 PHILLIPS 0084 ALL
Tax Annual Amount 1330
Legal Description 386 PHILLIPS 0084 ALL

Utilities

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

Building Details

Year built 1906
Floors in Building 3
Building materials VinylSiding
Roof type Asphalt, Fiberglass
Additional Structures Storage
Listing Agency: Power House Realty
Listed By: Michael A Balamenti · License #2002019798
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 23 at 3:06AM
MLS# 5254478

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.

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Investment Insights

Based on property information with market context.

This 1,924-square-foot duplex contains two apartments: a one-bedroom unit on the first floor and a four-bedroom unit above. Both kitchens and bathrooms were rebuilt, and the first-floor flooring was replaced in 2022. Additional work includes a roof replacement in 2019, vinyl windows installed the same year, and updated siding and trim. The upper furnace was replaced in 2021 and the lower furnace in 2024; ductwork and gas lines were also replaced. Electrical updates include panel boxes and Romex wiring, alongside plumbing improvements with newer feed lines and PVC drains and stacks.

The property is in Cleveland’s University Circle area, with Cleveland Clinic, University Hospitals, Case Western Reserve University, VA Medical Center, Little Italy, and museums described as minutes away. Downtown Cleveland is also noted as an easy commute.

Key Highlights

  • Two‑unit duplex with one bedroom downstairs and four bedrooms upstairs
  • 1,924 square feet on a 0.0514‑acre lot
  • Roof replaced in 2019; vinyl windows installed in 2019

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,333
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,660 $426.7K
Cap Rate 7%
$304,757 $304.8K
Cap Rate 9%
$237,033 $237.0K
Market Conditions
NOI Build-Up for 1,924 SF
Gross rent
$40.4K $21.00/SF
− Vacancy
−$1.6K −$0.84/SF
EGI
$38.8K $20.16/SF
− OpEx
−$17.5K −$9.07/SF
NOI
$21.3K $11.09/SF
Area
Cleveland, OH
Vacancy
4.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,660
Cap Rate 7%
$304,757
Cap Rate 9%
$237,033

Alternative Uses

Best Use
Multifamily LT 5
$328.5K
$287.5K – $383.3K (±1% cap)
NOI $22,997 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$304.8K
$266.7K – $355.6K (±1% cap)
NOI $21,333 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$469.5K
$410.8K – $547.8K (±1% cap)
NOI $32,866 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby

Demographics for 44106, OH

26,608
Population
13,287
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
6,188
Density / Sq Mi
$42,869
Median Household Income
$27,056
Median Earnings
$1,024
Median Rent
$241,600
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

Frequently Asked Questions

What type of property is this?
Duplex - The two units offer separate one- and four-bedroom layouts, with kitchens and bathrooms rebuilt during renovations.
Where is this duplex located?
The property is located at 10741 Churchill Avenue Cleveland, 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: Two‑unit duplex with one bedroom downstairs and four bedrooms upstairs; 1,924 square feet on a 0.0514‑acre lot; Roof replaced in 2019; vinyl windows installed in 2019
More about this property
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