Duplex With Detached
For Sale
$289,999
17415 Winslow Rd, Shaker Heights, OH 44120
Two residential units offer fireplaces, formal dining rooms, stainless steel appliances, and rear porches.
Property Size2,536 SF
Price / SF$114.35
Days on Market94
Property Features for 17415 Winslow Rd
General Information
Standard status
Active
Size
2,536 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Moreland
Building Details
Year Built
1925
Tenancy
Multi
Listing Agency:
HomeSmart Real Estate Momentum LLC
Listed By:
De'Chella Woodruff · License #2018004577
(216) 403-8180
Source:
Lisasiskoteam
Added: Aug 1
Changed: Oct 25
Last Checked: Oct 7 at 1:40PM
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 HomeSmart Real Estate Momentum LLC
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Investment Insights
Based on property information with market context.
This 2,536-square-foot duplex in Shaker Heights includes two residential units with complementary layouts. Each unit has a living room with fireplace, formal dining room, kitchen equipped with stainless steel appliances, two bedrooms, one full bathroom, and a rear porch. The third floor adds three bedrooms and one full bathroom, providing additional residential space within the property.
Outdoor features include a backyard with ample parking and a detached two-car garage. Located at 17415 Winslow Rd in Shaker Heights, the property offers a multi-unit configuration with substantial interior space and dedicated parking improvements.
Outdoor features include a backyard with ample parking and a detached two-car garage. Located at 17415 Winslow Rd in Shaker Heights, the property offers a multi-unit configuration with substantial interior space and dedicated parking improvements.
Key Highlights
- 2,536‑square‑foot duplex in Shaker Heights
- Each unit includes 2 bedrooms and 1 full bath
- Living rooms feature fireplaces; kitchens have stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,069
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,380
$501.4K
Cap Rate 7%
$358,129
$358.1K
Cap Rate 9%
$278,544
$278.5K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$48.4K $19.08/SF
− Vacancy
−$2.8K −$1.11/SF
EGI
$45.6K $17.97/SF
− OpEx
−$20.5K −$8.09/SF
NOI
$25.1K $9.89/SF
Area
Cuyahoga County, OH
Vacancy
5.80%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,380
Cap Rate 7%
$358,129
Cap Rate 9%
$278,544
Alternative Uses
Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.2K
NOI $26,889 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$358.1K
$313.4K – $417.8K
NOI $25,069 @ 7.0% cap · market cap 8.64%
Theoretical Best
Warehouse
$2.03M
$1.78M – $2.37M
NOI $142,237 @ 7.0% cap · market cap 49.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
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Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer fireplaces, formal dining rooms, stainless steel appliances, and rear porches.
Where is this duplex located?
The property is located at 17415 Winslow Rd Shaker Heights, OH.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: 2,536‑square‑foot duplex in Shaker Heights; Each unit includes 2 bedrooms and 1 full bath; Living rooms feature fireplaces; kitchens have stainless steel appliances
