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Two-Unit Duplex with Basement Improvements
New
For Sale
$189,900

2700 Hood Avenue, Cleveland, OH 44109

Lead-certified residential income property with one occupied unit and a separate lower-level opportunity for leasing or personal use.

Property Size2,768 SF
Price / SF$68.61
Days on Market4

Property Features for 2700 Hood Avenue

General Information

Standard status Active
Size 2,768 SF
Property subtype Multi-Family

Units

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

Additional Details

Highway Access Yes

Amenities

basement laundry hookups

Building Details

Year Built 1924
Listing Agency: Russell Real Estate Services
Listed By: Hamzah A Najar · License #2019007599
Source: Carletonrealty
Added: Sep 9 Last Checked: Sep 11 at 5:01AM

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

Investment Insights

Based on property information with market context.

Built in 1924, this two-unit duplex includes an approximately 922-square-foot lower residence and a 934-square-foot upper residence. Both apartments are configured with two bedrooms and one full bath, along with living rooms featuring fireplaces, formal dining areas, kitchens, and enclosed front porches. The upper unit is occupied by a long-term tenant, while the lower unit is vacant and available for a new tenant or owner-occupant.

The basement provides laundry hookups, a recently replaced hot-water tank, and a full interior waterproofing system with sump pump. Gas and electric service are paid separately by the tenants. The property is located in Cleveland’s Old Brooklyn neighborhood, with access to major highways, shopping, dining, parks, and downtown Cleveland. Lead certification is in place.

Key Highlights

  • Two 2‑bedroom, 1‑bath units with approximately 922 SF and 934 SF of living area
  • Built in 1924; lead‑certified property
  • Upper apartment occupied by a long‑term tenant; lower apartment is vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage (Bike/Boat/Book/etc) Store Gym & Fitness Center

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Lead-certified residential income property with one occupied unit and a separate lower-level opportunity for leasing or personal use.
Where is this duplex located?
The property is located at 2700 Hood Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units with approximately 922 SF and 934 SF of living area; Built in 1924; lead‑certified property; Upper apartment occupied by a long‑term tenant; lower apartment is vacant
More about this property
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