1304 W 73rd Street Cleveland, OH 44102
MULTI_FAMILY - Cleveland, OH
Property Features for 1304 W 73rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Basement, Bathroom 2, Laundry Room, Bedroom 1, Bedroom 4
- Parking features
- Driveway, Garage
- Standard status
- Active
- APN
- 002-04-020
- Size
- 1,824 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 12 EDGEWLD S/L 364 NP 0363 SP
- Tax Annual Amount
- 4917
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Michael Azzam License #2014004734 (216) 446-7606
Listing office RE/MAX Haven Realty 34050 Solon Road, Suite 100, Garfield Hts., OH (440) 519-3100
Listing date May 12, 2026
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.
The building improvements include a PVC plumbing main stack with PEX drain lines, updated 100 AMP electrical panels, newer furnaces, and water heaters dated 2023 and 2025. Units are separately metered for gas and electric, and the basement includes glass block windows and washer/dryer hookups. Exterior work includes recently painted aluminum siding, a newer roof, updated exterior meter bases, and a detached 1-car garage.
Located at 1304 W 73rd Street in Cleveland, the property provides convenient access to Route 2, with Downtown Cleveland described as minutes away in the remarks. For tenants or owners, the combination of in-unit laundry hookups, separate utilities, and recent mechanical and interior renovations can support day-to-day usability. The layout and updates also make this duplex well-suited for buyers seeking a turn-key, renovated residential income property. Full service property management is referenced in the remarks.
Key Highlights
- Fully renovated duplex built in 1920 with modern updates throughout both units
- Each unit features 2 beds and 1 bath with new vanities, tub surrounds, fixtures, and toilets
- Newer systems include updated PVC plumbing main stack with PEX drain lines, newer furnaces, and water heaters (2023 & 2025)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $17.88 |
| − Vacancy | −$1.5k | −$0.80 |
| EGI | $31.1k | $17.08 |
| − OpEx | −$9.3k | −$5.12 |
| NOI | $21.8k | $11.95 |
