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Multi-Family Home with Detached Garage
For Sale
$289,999
Pending

17415 Winslow Road, Shaker Heights, OH 44120

MULTI_FAMILY - Shaker Heights, OH

Property Size2,536 SF
Lot Size0.13 Acres
Days on Market96

Property Features for 17415 Winslow Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Basement, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 7
Parking features Garage
Subdivision Van Sweringen Companys Sub #2
Elementary school district Shaker Heights CSD - 1827
Middle school district Shaker Heights CSD - 1827
High school district Shaker Heights CSD - 1827
Directions Chagrin Blvd to Winslow Rd
Standard status Pending
APN 735-19-029
Size 2,536 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 43 VANS#23 0983 ALL
Tax Annual Amount 8243
Legal Description 43 VANS#23 0983 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

fireplace
stainless steel appliances
rear porch

Building Details

Year built 1925
Floors in Building 3
Building materials ShakeSiding, WoodSiding
Roof type Shingle, Asphalt
Listing Agency: HomeSmart Real Estate Momentum LLC · HomeSmart International
Listed By: De'Chella Woodruff · License #2018004577
Added: Apr 29 Changed: Jul 30 Last Checked: Aug 2 at 10:06AM
MLS# 5204509

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 well-maintained multi-family home offers versatile living and income potential with multiple bedrooms and bathrooms across the layout. Each unit includes a living room with fireplace, a formal dining room, and a kitchen with stainless steel appliances, along with two bedrooms and one full bath. The third floor provides an additional set of rooms, adding three bedrooms and one full bath.

Additional features include a basement and a rear porch. The exterior includes ample backyard space for parking and a detached two-car garage. Construction features include shake and wood siding. The home has forced-air heating and a shingle asphalt roof.

Serviced by public water and public sewer, this property was built in 1925. With seven bedrooms listed among the rooms, it may fit owner-occupants seeking flexible space and investors looking for a multi-unit configuration.

Key Highlights

  • Built in 1925
  • Two units feature living room fireplace, formal dining, and stainless steel appliance kitchen
  • Third‑floor layout adds three bedrooms and one full bath

Financial Insights For Apartment 5plus

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 $48.4k $19.08
− Vacancy −$2.8k −$1.11
EGI $45.6k $17.97
− OpEx −$20.5k −$8.09
NOI $25.1k $9.89
2,536 SF · lease $19.08/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.2K (±1% cap)
NOI $26,889 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$358.1K
$313.4K – $417.8K (±1% cap)
NOI $25,069 @ 7.0% cap · market cap 8.64%
Theoretical Best
Warehouse
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,237 @ 7.0% cap · market cap 49.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Food Market Law Firm HVAC Service Grocery & Convenience Store Computer & Electronic Repair Cafe & Coffee Shop

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained multi-family home features fireplaces, multiple bedrooms, and a detached two-car garage.
Where is this duplex located?
The property is located at 17415 Winslow Road 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: Built in 1925; Two units feature living room fireplace, formal dining, and stainless steel appliance kitchen; Third‑floor layout adds three bedrooms and one full bath
More about this property
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