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Two-Unit Duplex

12935 McGowan Avenue, Cleveland, OH 44135

For Sale
$149,900

Both residences are leased and include separate gas and electric accounts, a stove, and a refrigerator.

Property Size1,574 SF
Price / SF$95.24
Days on Market71

Property Features for 12935 McGowan Avenue

General Information

Standard status Active
Size 1,574 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,670

Building Details

Building Size 1,574 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Progressive Urban Real Estate Co
Listed By: David S Sharkey · License #2021007555
Source: Lifestagesrealty
Added: Aug 31 Changed: Nov 7 Last Checked: Nov 8 at 3:37PM

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 Progressive Urban Real Estate Co

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this 1,574-square-foot duplex contains two residences, each with two bedrooms, one full bath, LVT flooring, a stove, and a refrigerator. Both units are occupied. The first-floor lease runs through 9/30/2026, and the second-floor lease runs through 12/31/2026; residents pay gas and electric separately.

The property is in Cleveland, near shopping, dining, schools, public transportation, and the Cleveland Metroparks system. I-71, I-480, and Cleveland Hopkins International Airport are also accessible from the area.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bath
  • 1,574 square feet; built in 1900
  • First‑floor lease ends 9/30/2026; second‑floor lease ends 12/31/2026

Property Analytics

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Lease Details

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

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 44135, OH

26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in Cleveland, OH

$70.12 Jul
$71.74 Aug
$71.89 Sep
$71.83 Oct

Properties on Market for Duplexes in Cleveland

Jul
Aug
Sep
Oct

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 - Both residences are leased and include separate gas and electric accounts, a stove, and a refrigerator.
Where is this duplex located?
The property is located at 12935 McGowan Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bath; 1,574 square feet; built in 1900; First‑floor lease ends 9/30/2026; second‑floor lease ends 12/31/2026
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