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Side-by-Side Duplex
For Sale
$250,000

1204 Ansel Rd, Cleveland, OH 44108

Lead Safe Certified property with one occupied unit and one refreshed unit available for lease.

Property Size2,658 SF
Price / SF$94.06
Days on Market21

Property Features for 1204 Ansel Rd

General Information

Standard status Active
Size 2,658 SF
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR/2BA, 1 x 4BR/1BA
Multifamily Units 2

Building Details

Year Built 1910
Buildings 1
Listing Agency: Keller Williams Greater Cleveland Northeast
Listed By: Iris Wheeler · License #2021002542
Source: Theacclaimedrealty
Added: Aug 11 Changed: Aug 30 Last Checked: Aug 31 at 6:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Cleveland Northeast

Investment Insights

Based on property information with market context.

This 2,658-square-foot duplex is arranged as two side-by-side residences, each with four bedrooms. Both units include a first-floor living room, dining area, and kitchen. One residence has two full bathrooms, while the other has one; the updated unit also provides a bonus room and neutral finishes.

One unit is occupied under a month-to-month lease, with the tenant in place for more than 20 years. The second residence has been updated and is ready for occupancy. The property is Lead Safe Certified and has City of Cleveland rental registration in place.

The address offers access to the Cleveland Clinic, downtown Cleveland, major freeways, and public transportation. Current and projected rental income are reported at a cap rate above 10%.

Key Highlights

  • 2,658 SF side‑by‑side duplex with two residential units
  • Each unit includes 4 bedrooms and first‑floor living, dining, and kitchen areas
  • One unit has 2 full bathrooms; the other has 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

541
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

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 - Lead Safe Certified property with one occupied unit and one refreshed unit available for lease.
Where is this duplex located?
The property is located at 1204 Ansel Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,658 SF side‑by‑side duplex with two residential units; Each unit includes 4 bedrooms and first‑floor living, dining, and kitchen areas; One unit has 2 full bathrooms; the other has 1 bathroom
More about this property
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