Side-by-Side Duplex with
20850-20854 Lake Shore Boulevard Euclid, OH 44123
New
20850-20854 Lake Shore Boulevard, Euclid, OH, 44123
$259,999
For Sale
$259,999
MULTI_FAMILY - Euclid, OH
Property Size2,176 SF
Lot Size0.19 Acres
Price / SF$119.48
Days on Market1
Property Features for 20850-20854 Lake Shore Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Basement, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Laundry Room, Bedroom 4
- Parking features
- Open, Garage
- Interior features
- EatInKitchen, Storage
- Fencing
- Fenced
- Appliances
- Dryer, Dishwasher, Disposal, Range, Refrigerator
- Standard status
- Active
- APN
- 642-17-104
- Size
- 2,176 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 17-23 PONTPK#3 0005 ALL
- Tax Annual Amount
- 4137
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Building materials
- Brick, Stone
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agency
Ohio Broker Direct
(614) 989-7215
Listed by
Joan Elflein · License #386319
(614) 989-7215
Added: Jul 22 Checked: Jul 22 at 3:06PM
MLS# 5228895
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.
Brick and stone-accent side-by-side duplex offers two residential units with partially finished basements on each side. Each unit includes very large laundry and utility rooms and ample storage, and the homes function like townhouses. A detached two-car garage is included.
The property includes a spacious fenced backyard. The duplex is described as having a new roof on the duplex and garage in 2021. One side has had over $30,000 in upgrades, including new air conditioning, furnace, and a hot water tank. One side is currently empty, while the other side is occupied and described as being in very good condition. The duplex is being sold as is.
The address is 20850–20854 Lake Shore Boulevard in Euclid, Ohio (44123). The property is listed with a 0.1894-acre lot and 2,176 square feet total (as provided).
The property includes a spacious fenced backyard. The duplex is described as having a new roof on the duplex and garage in 2021. One side has had over $30,000 in upgrades, including new air conditioning, furnace, and a hot water tank. One side is currently empty, while the other side is occupied and described as being in very good condition. The duplex is being sold as is.
The address is 20850–20854 Lake Shore Boulevard in Euclid, Ohio (44123). The property is listed with a 0.1894-acre lot and 2,176 square feet total (as provided).
Key Highlights
- Brick and stone‑accent side‑by‑side duplex built in 1950 with partially finished basements on each side
- Each unit includes large laundry/utility rooms plus lots of storage; interior features include Eat‑In Kitchen and multiple bedrooms/baths
- Detached 2‑car garage with open parking; fenced backyard for outdoor space
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 | $35.3k | $16.20 |
| − Vacancy | −$2.3k | −$1.05 |
| EGI | $33.0k | $15.15 |
| − OpEx | −$9.9k | −$4.54 |
| NOI | $23.1k | $10.60 |
2,176 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$329.6K
$288.4K – $384.5K
NOI $23,072 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$307.3K
$268.9K – $358.5K
NOI $21,511 @ 7.0% cap · market cap 8.27%
Theoretical Best
Warehouse
$1.74M
$1.53M – $2.03M
NOI $122,045 @ 7.0% cap · market cap 46.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Brick side-by-side duplex offers two units, partially finished basements, and a detached two-car garage.
Where is this duplex located?
The property is located at 20850-20854 Lake Shore Boulevard Euclid, OH.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: Brick and stone‑accent side‑by‑side duplex built in 1950 with partially finished basements on each side; Each unit includes large laundry/utility rooms plus lots of storage; interior features include Eat‑In Kitchen and multiple bedrooms/baths; Detached 2‑car garage with open parking; fenced backyard for outdoor space
