Two-Unit Duplex with Mixed
For Sale
$105,000
2480 E 86th St, Cleveland, OH 44104
A 5-bedroom duplex with one occupied unit and one vacant unit ready to rent for flexible income planning.
Property Size1,300 SF
Price / SF$80.77
Days on Market143
Property Features for 2480 E 86th St
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Multi-Family
Occupancy
50%
Site & Location
Neighborhood
Fairfax
Additional Details
Multifamily Units
2
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Russell Real Estate Services
Listed By:
Connor Kobilarcsik · License #2020009093
(440) 539-6347
Source:
Theacclaimedrealty
Added: Jun 4
Changed: Oct 14
Last Checked: Oct 23 at 9:27AM
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 Russell Real Estate Services
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Investment Insights
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This duplex includes two separate residential units with a total of five bedrooms and two full bathrooms. The bottom unit offers three bedrooms and one full bathroom and is currently occupied. The top unit provides two bedrooms and one full bathroom and is vacant and ready to be rented.
The property is located in Cleveland’s Fairfax neighborhood, described as being near the Cleveland Clinic and University Circle. One unit is in place through February 2027, providing an existing rental arrangement while the second unit can be brought to market.
For investors, this mixed-occupancy setup can support continuity with the currently occupied unit while providing immediate leasing opportunity for the vacant unit. For owner-occupants, the duplex configuration allows for living in one unit while renting the other, with the three-bedroom unit currently occupied and the two-bedroom unit available for tenant placement.
The property is located in Cleveland’s Fairfax neighborhood, described as being near the Cleveland Clinic and University Circle. One unit is in place through February 2027, providing an existing rental arrangement while the second unit can be brought to market.
For investors, this mixed-occupancy setup can support continuity with the currently occupied unit while providing immediate leasing opportunity for the vacant unit. For owner-occupants, the duplex configuration allows for living in one unit while renting the other, with the three-bedroom unit currently occupied and the two-bedroom unit available for tenant placement.
Key Highlights
- 5‑bedroom, 2‑bath duplex with 2 separate units (bottom unit: 3 beds; top unit: 2 beds).
- One unit is occupied generating $700/month until February 2027.
- Second unit is vacant and ready to rent for flexible income planning.
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Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
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Business Placement
Demographics for 44104, OH
20,202
Population
9,851
Households
2.1
Avg Household Size
31
Median Age
10%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
4,298
Density / Sq Mi
$24,009
Median Household Income
$25,679
Median Earnings
$654
Median Rent
$60,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - A 5-bedroom duplex with one occupied unit and one vacant unit ready to rent for flexible income planning.
Where is this duplex located?
The property is located at 2480 E 86th St Cleveland, OH.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 5‑bedroom, 2‑bath duplex with 2 separate units (bottom unit: 3 beds; top unit: 2 beds).; One unit is occupied generating $700/month until February 2027.; Second unit is vacant and ready to rent for flexible income planning.
