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Lyndhurst Duplex: Income Potential

1715 Edgefield Road Lyndhurst, OH 44124

1715 Edgefield Road, Lyndhurst, OH, 44124

$264,900

For Sale

$264,900

MULTI_FAMILY - Lyndhurst, OH

Property Size1,930 SF

Lot Size0.19 Acres

Price / SF$137.25

AddedApr 7

Days on Market101

Last RefreshJul 16 at 5:06 am

Property Features for 1715 Edgefield Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 3
Bathrooms: 2
Rooms: Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bathroom 1
Parking features: Garage, Driveway
Standard status: Active
APN: 714-10-001
Size: 1,930 SF
Lot size: 0.19 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 3-27 LYNDMAN 0083 ALL
Tax Annual Amount: 4920

Utilities

Sewer type: Public Sewer
Heating system: Steam, Hot Water(Heating)
Water source: Public

Building Details

Year built: 1930
Floors in Building: 3
Building materials: AluminumSiding, VinylSiding
Roof type: Asphalt, Fiberglass

Listing agent Seth L Young License #2009003929

Listing office Century 21 Premiere Properties, Inc. 31100 Pinetree Road, Ste 125, Pepper Pike, OH

Listing date Apr 7, 2026

MLS# 5199517 Listing URL

Investment Insights

Based on property information with market context.

This multi-family property is a turnkey, income-generating duplex located in Lyndhurst, Ohio. The property, situated on a 0.1947-acre lot, offers immediate rental income and long-term investment potential. The building has 1930 square feet of space. Its location provides convenient access to shopping, restaurants, parks, schools, and major commuter routes. This property represents an opportunity to secure a valuable asset in a well-established neighborhood.

Key Highlights

Turnkey duplex offering income‑generating opportunity (Year built: 1930)
Public utilities: public water and public sewer
Forced‑air heating system

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$25.0k	$12.96
− Vacancy	−$1.6k	−$0.84
EGI	$23.4k	$12.12
− OpEx	−$7.0k	−$3.64
NOI	$16.4k	$8.48

1,930 SF · lease $12.96/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$233.9K

$204.6K – $272.9K (±1% cap)

NOI $16,371 @ 7.0% cap · market cap 6.18%

Second Best

Apartment 5plus

$205.0K

$179.4K – $239.2K (±1% cap)

NOI $14,353 @ 7.0% cap · market cap 5.42%

Theoretical Best

Office A

$363.4K

$318.0K – $424.0K (±1% cap)

NOI $25,438 @ 7.0% cap · market cap 9.60%

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

For sale
Duplexes
OH
Lyndhurst
44124
1715 Edgefield Road

What type of property is this?

Duplex - Turnkey duplex in Lyndhurst, near amenities and commuter routes.

Where is this duplex located?

The property is located at 1715 Edgefield Road Lyndhurst, OH.

What is the asking price?

The asking price for this property is $264,900.

What are key features of this property?

This property features: Turnkey duplex offering income‑generating opportunity (Year built: 1930); Public utilities: public water and public sewer; Forced‑air heating system