Listing Agency: Lokal Real Estate, LLC.

Listed By: Eric Hampton · License #OH Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Sep 2 at 4:58AM

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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 Lokal Real Estate, LLC.

Investment Insights

Based on property information with market context.

This duplex includes an upper residence that is currently leased and a lower residence requiring repairs and updating. The property is positioned for continued rental use or an owner-occupant arrangement, subject to the condition and operation of each unit.

Located at 15304 Utopia Ave in Cleveland, Ohio, the property offers a residential income configuration within the 44110 ZIP code.

Key Highlights

• Duplex configuration with upper and lower residential units
• Upper unit is currently rented below market value
• Lower unit needs TLC and updating

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

518

Businesses Nearby

Explore this area Business Placement

Demographics for 44110, OH

17,617

Population

11,140

Households

1.6

Avg Household Size

40

Median Age

13%

College-Educated

84%

High-School Grad

4.1 sq mi

ZIP Area

4,297

Density / Sq Mi

$30,973

Median Household Income

$28,263

Median Earnings

$821

Median Rent

$62,600

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 - Residential income property with an occupied upper unit and a lower unit requiring updates.

Where is this duplex located?

The property is located at 15304 Utopia Ave Cleveland, OH.

What are key features of this property?

This property features: Duplex configuration with upper and lower residential units; Upper unit is currently rented below market value; Lower unit needs TLC and updating