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    Tudor-Style Duplex with Two Rentals Title is generated by Realmo AI

    18428 Winslow Road, Shaker Heights, OH 44122

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    For Sale
    $320,000

    MULTI_FAMILY - Shaker Heights, OH

    Property size:
    2,520 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $126/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 1:06 am

    Property Features for 18428 Winslow Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 1, Basement, Bathroom 1, Bedroom 4, Bedroom 7, Laundry Room, Bedroom 3, Bathroom 2
    Standard status
    Active
    APN
    736-06-041
    Size
    2,520 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    43 VANS#23 0906 ALL
    Tax Annual Amount
    8975

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1929
    Floors in Building
    3
    Building materials
    Brick, Cedar, Stucco
    Roof type
    Fiberglass, Asphalt

    We can help!

    Contact an agent
    Michael A Roberts

    Listing agent Michael A Roberts License #2016002011

    Listing office Keller Williams Living 32875 Solon Road, Suite 100, Solon, OH

    Listing date Jun 26, 2026

    MLS# 5221904 Listing URL

    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.

    HighLights

    • Tudor‑style duplex built in 1929 with Brick, Cedar, and Stucco construction materials
    • Upper unit has 5 bedrooms and 2 full bathrooms; currently tenant‑occupied at $1,830/month
    • Lower unit has 2 bedrooms and 1 full bathroom; rented for $1,200/month
    • Public water and public sewer service
    • Roof includes asphalt and fiberglass
    • Heating includes Natural Gas and “Other (Heating)”

    Overview

    This Tudor-style duplex in the Winslow Road Historic District features two separate living units. The upper unit has 5 bedrooms and 2 full bathrooms and is currently tenant-occupied. The lower unit includes 2 bedrooms and 1 full bathroom and is also rented. The home is described as having original architectural details, including woodwork and classic craftsmanship.

    Located in Shaker Heights, the property is reported to be within minutes of the Van Aken District and rapid transit, with nearby access to parks, shopping, and restaurants.

    For investors, this configuration provides two income-producing units under separate tenancies. For owner-occupants, the duplex layout may support a live-in arrangement while continuing to rent the other unit, subject to tenant and lease terms in place at the property.

    Local Financial Insights For Multifamily LT 5

    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 $40.8k $16.20
    − Vacancy −$2.7k −$1.05
    EGI $38.2k $15.15
    − OpEx −$11.5k −$4.54
    NOI $26.7k $10.60
    2,520 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $381.7K
    $334.0K – $445.3K (±1% cap)
    NOI $26,719 @ 7.0% cap · market cap 8.35%
    Second Best
    Apartment 5plus
    $355.9K
    $311.4K – $415.2K (±1% cap)
    NOI $24,911 @ 7.0% cap · market cap 7.78%
    Theoretical Best
    Warehouse
    $2.02M
    $1.77M – $2.36M (±1% cap)
    NOI $141,339 @ 7.0% cap · market cap 44.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shaker Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.550106
    Latitude
    41.465203

    FAQs

    What type of property is this?
    Duplex - Two separately rented units in a Tudor-style duplex, offering steady income and flexible occupancy options.
    Where is this duplex located?
    The property is located at 18428 Winslow Road Shaker Heights, OH.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Tudor‑style duplex built in 1929 with Brick, Cedar, and Stucco construction materials; Upper unit has 5 bedrooms and 2 full bathrooms; currently tenant‑occupied at $1,830/month; Lower unit has 2 bedrooms and 1 full bathroom; rented for $1,200/month
    More about this property
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