Two-Unit Duplex with
18331 Newell Road, Shaker Heights, OH 44122
For Sale
$174,900
Pending
ResidentialIncome, Shaker Heights, OH
Property Size3,240 SF
Lot Size0.15 Acres
Days on Market48
Property Features for 18331 Newell Road
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Listing Agency:
King Realty
(440) 647-3580
Listed By:
Kirk A Suhart · License #2005000089
(440) 503-8959
Added: Sep 22
Changed: Oct 24
Last Checked: Nov 8 at 2:06PM
MLS# 5247116
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Investment Insights
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This 1927 duplex contains 3,240 square feet on a 0.1519-acre lot. The first residence offers 2 bedrooms, hardwood flooring, and built-in dining-room cabinetry. The second residence includes 4 bedrooms and 2 baths, along with an updated kitchen and bathroom. Hardwood flooring remains beneath carpeting on the second floor, while a large third-floor family room adds to the living area.
The property has wood siding, fiberglass and asphalt roofing, forced-air natural-gas heat, central air, and garage parking. Public water and public sewer serve the building. Located in Shaker Heights, the duplex provides a vintage residential setting with multiple existing living spaces and a substantial two-unit layout.
The property has wood siding, fiberglass and asphalt roofing, forced-air natural-gas heat, central air, and garage parking. Public water and public sewer serve the building. Located in Shaker Heights, the duplex provides a vintage residential setting with multiple existing living spaces and a substantial two-unit layout.
Key Highlights
- 3,240‑square‑foot duplex built in 1927
- 0.1519‑acre lot in Shaker Heights
- Two‑bedroom first unit with hardwood floors and built‑in dining‑room cabinetry
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
357
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Demographics for 44122, OH
36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
Median Home Value
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Average Price Trend$/SF for Duplexes in Shaker Heights, OH
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Multi-bedroom duplex with updated second-unit finishes, central air, public utilities, and a detached garage.
Where is this duplex located?
The property is located at 18331 Newell Road Shaker Heights, OH.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 3,240‑square‑foot duplex built in 1927; 0.1519‑acre lot in Shaker Heights; Two‑bedroom first unit with hardwood floors and built‑in dining‑room cabinetry
