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Duplex with Rent-Ready Unit
For Sale
$159,900

2809 Archwood Ave, Cleveland, OH 44109

One unit is leased through February 2027, while the second is vacant and ready for occupancy.

Property Size1,960 SF
Price / SF$81.58
Days on Market61

Property Features for 2809 Archwood Ave

General Information

Standard status Active
Size 1,960 SF
Property subtype Residential Income

Site & Location

Neighborhood Brooklyn-Centre

Additional Details

Gross Income $12,000
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,810

Amenities

in-unit washer and dryer hook up
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Ryan DeLuca · License #2018001408
Source: Exprealty
Added: Aug 28 Changed: Oct 25 Last Checked: Oct 26 at 8:44PM

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 Keller Williams Greater Metropolitan

Rey
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Investment Insights

Based on property information with market context.

This two-unit residential income property contains 1,960 square feet across lower and upper residences. The lower unit is occupied under a lease extending through February 2027. The upper unit is vacant and ready for leasing, with washer and dryer hookups already provided.

The duplex is located on Archwood Ave in Cleveland, near Brooklyn Centre, MetroHealth Medical Center, Cleveland Metroparks Zoo, downtown Cleveland, major highways, shopping, dining, and public transportation. Its two-unit configuration supports either continued rental use or an owner-occupant arrangement, as described in the property information.

Key Highlights

  • Duplex with 1,960 SF of total property size
  • Lower unit leased through February 2027
  • Upper unit is vacant and rent‑ready

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

410
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

Frequently Asked Questions

What type of property is this?
Duplex - One unit is leased through February 2027, while the second is vacant and ready for occupancy.
Where is this duplex located?
The property is located at 2809 Archwood Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Duplex with 1,960 SF of total property size; Lower unit leased through February 2027; Upper unit is vacant and rent‑ready
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