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Two-Unit Duplex with Garage
New
For Sale
$174,900

18331 Newell Road, Shaker Heights, OH 44122

ResidentialIncome, Shaker Heights, OH

Property Size3,240 SF
Lot Size0.15 Acres
Price / SF$53.98
Days on Market2

Property Features for 18331 Newell Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Laundry Room, Bedroom 3, Basement, Bedroom 2
Parking features Garage
Subdivision Van Sweringen Cos 22
Elementary school district Shaker Heights CSD - 1827
Middle school district Shaker Heights CSD - 1827
High school district Shaker Heights CSD - 1827
Directions Take Chagrin road to Lynnfield road . First intersection turn right on Newell- on right hand side on bend before Glencairn.
Special listing conditions In Foreclosure
Standard status Active
APN 736-20-043
Size 3,240 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 54 VANS#22 1499 ALL
Tax Annual Amount 10407
Legal Description 54 VANS#22 1499 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1927
Floors in Building 3
Building materials WoodSiding
Roof type Fiberglass, Asphalt
Listing Agency: King Realty
Listed By: Kirk A Suhart · License #2005000089
Added: Sep 22 Last Checked: Sep 23 at 7:06AM
MLS# 5247116

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 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.

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

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Dental Office Auto Parts Store Electrical Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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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
More about this property
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