Back to Search
Updated Duplex With Income Units

1337 W 67th Street Cleveland, OH 44102

1337 W 67th Street, Cleveland, OH, 44102
$419,000
For Sale
Claim this Listing
$419,000

MULTI_FAMILY - Cleveland, OH

Property Size2,016 SF
Lot Size0.09 Acres
Price / SF$207.84
AddedJun 29
Days on Market16
Last RefreshJul 14 at 6:06 pm

Property Features for 1337 W 67th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry Room, Bedroom 5, Bathroom 2, Basement, Bathroom 1
Parking features
Garage, Open
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
002-09-098
Size
2,016 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
5588

Utilities

Sewer type
Public Sewer
Heating system
Other (Heating), Steam, Hot Water(Heating)
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Building materials
VinylSiding
Roof type
Asphalt, Fiberglass

Listing agent Stacey A Burnett License #2014001124

Listing office RE/MAX Crossroads Properties 1100 Linda Street, Strongsville, OH

Listing date Jun 29, 2026

MLS# 5222892 Listing URL

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 updated duplex was renovated in 2019 and is configured as two separate residential units. The first-floor unit has two bedrooms plus a bonus room that can function as an office, guest space, or other flexible area, and it is currently operating as an Airbnb. The second-floor unit offers three bedrooms and is occupied by a tenant on a month-to-month arrangement.

The property is located at 1337 W 67th Street in Cleveland’s Detroit Shoreway neighborhood, listed in the 44102 area of Cuyahoga County. The remarks describe the setting as minutes from Gordon Square, Edgewater Park, and Lake Erie, with Downtown Cleveland also nearby.

For buyers seeking an owner-occupy or investor strategy, the layout provides two income-producing opportunities with different tenancy structures. The current short-term rental operation and the month-to-month tenant can give a new owner flexibility to continue either approach while managing both units under one property. Because the building has been updated as recently as 2019, it may appeal to tenants and operators looking for a turnkey duplex that is ready to be managed as-is.

Key Highlights

  • Duplex renovated in 2019, with units on the first and second floors
  • First‑floor unit is currently operating as an Airbnb with 2 bedrooms plus a bonus room (home office/guest/flex)
  • Second‑floor unit has 3 bedrooms and is occupied by a month‑to‑month tenant

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 $36.0k $17.88
− Vacancy −$1.6k −$0.80
EGI $34.4k $17.08
− OpEx −$10.3k −$5.12
NOI $24.1k $11.95
2,016 SF · lease $17.88/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$344.2K
$301.2K – $401.6K (±1% cap)
NOI $24,097 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.6K (±1% cap)
NOI $22,353 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$492.0K
$430.5K – $574.0K (±1% cap)
NOI $34,438 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Nail Salon Accounting Firm Spa & Massage Center HVAC Service Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated in 2019 duplex with one unit operating as a short-term rental and a second unit on month-to-month occupancy.
Where is this duplex located?
The property is located at 1337 W 67th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Duplex renovated in 2019, with units on the first and second floors; First‑floor unit is currently operating as an Airbnb with 2 bedrooms plus a bonus room (home office/guest/flex); Second‑floor unit has 3 bedrooms and is occupied by a month‑to‑month tenant
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message