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Duplex With Separate Parcels
New
For Sale
$199,900

1539 1543 Babbitt Road, Euclid, OH 44132

Two renovated townhouses combine current occupancy with a vacant unit and individually parceled ownership.

Property Size2,342 SF
Price / SF$85.35
Days on Market7

Property Features for 1539 1543 Babbitt Road

General Information

Standard status Active
Size 2,342 SF
Property subtype Residential Income

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,245

Building Details

Building Size 2,342 SF
Year Built 1943
Year Renovated 2019
Buildings 2
Tenancy Single
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Scott Carpenter · License #2019002705
Source: Coccarealestate
Added: Oct 19 Changed: Oct 24 Last Checked: Oct 23 at 5:30PM

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 Metropolitan

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Investment Insights

Based on property information with market context.

At 1539 and 1543 Babbitt Road in Euclid, this duplex offering consists of two townhouses on separate parcels. Each residence has two bedrooms, one full bathroom, a full basement with laundry, and distinct living areas. One home is tenant occupied; the other is vacant and was previously rented. Both properties received substantial renovations in 2019, including work to roofs, siding, windows, plumbing, electrical systems, furnaces, and water heaters, along with remodeled kitchens and bathrooms, new flooring, trim, and doors.

The homes are offered together, with the separate parcel structure allowing for individual ownership of each townhouse. The properties are also available individually. The location provides access to shopping, dining, and major transportation routes.

Key Highlights

  • Two townhouse units on separate parcels
  • Each home has 2 bedrooms, 1 full bathroom, and a full basement with laundry
  • Substantial renovations completed in 2019, including roofs, siding, windows, plumbing, and electrical systems

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby

Demographics for 44132, OH

14,524
Population
7,586
Households
1.9
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$46,014
Median Household Income
$36,284
Median Earnings
$1,031
Median Rent
$109,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 - Two renovated townhouses combine current occupancy with a vacant unit and individually parceled ownership.
Where is this duplex located?
The property is located at 1539 1543 Babbitt Road Euclid, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two townhouse units on separate parcels; Each home has 2 bedrooms, 1 full bathroom, and a full basement with laundry; Substantial renovations completed in 2019, including roofs, siding, windows, plumbing, and electrical systems
More about this property
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