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Multifamily Property with Rear Home

2054 W 83rd Street, Cleveland, OH 44102

For Sale
$179,900

A front duplex offers two-bedroom layouts, with a separate home at the rear of the lot.

Property SizeContact for details
Days on Market50

Property Features for 2054 W 83rd Street

General Information

Standard status Active
Property subtype Triplex

Property Condition

Severity Repairs Needed
Evidence it needs a good amount of work

Site & Location

Neighborhood Detroit-Shoreway

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,151

Building Details

Year Built 1915
Buildings 2
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Alex Cruz-Munoz · License #2015001347
Source: Lifestagesrealty
Added: Sep 19 Changed: Nov 3 Last Checked: Nov 6 at 9:04AM

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 Berkshire Hathaway HomeServices Professional Realty

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Investment Insights

Based on property information with market context.

Built in 1915, this multifamily property includes a front duplex and a separate home at the rear. Each duplex apartment has two bedrooms and one bathroom. The lower apartment is occupied on a month-to-month basis, while the upper unit is maintained and ready for occupancy. The rear residence requires substantial work.

Key Highlights

  • Two residential structures occupy one lot
  • Front duplex contains two‑bedroom, one‑bath apartments
  • Lower duplex apartment has a month‑to‑month tenant

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Cleveland, OH

$70.12 Jul
$71.2 Aug
$72.33 Sep
$74.3 Oct

Properties on Market for Multifamily properties in Cleveland

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A front duplex offers two-bedroom layouts, with a separate home at the rear of the lot.
Where is this multifamily property located?
The property is located at 2054 W 83rd Street Cleveland, OH.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two residential structures occupy one lot; Front duplex contains two‑bedroom, one‑bath apartments; Lower duplex apartment has a month‑to‑month tenant
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