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Renovated Side-by-Side Duplex
New
For Sale
$250,000

3113 Ashwood Rd, Cleveland, OH 44120

Occupied two-unit property with renovated interiors, a detached garage, and month-to-month tenancies.

Property Size3,558 SF
Price / SF$70.26
Days on Market6

Property Features for 3113 Ashwood Rd

General Information

Standard status Active
Size 3,558 SF
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Financials

Asking Price $250,000
Gross Income $33,600
Average Monthly Rent $1,400

Units

Unit Mix 2 x 4BR/1.5BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $9,118

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Russell Real Estate Services
Listed By: Tal Tamir · License #2018001908
Source: Exprealty
Added: Aug 31 Changed: Sep 5 Last Checked: Sep 5 at 3:37PM

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.

This side-by-side duplex at 3113 Ashwood Rd includes two four-bedroom, one-and-a-half-bath units within 3,558 square feet. Both residences have renovated interiors featuring white shaker kitchens, stainless steel appliances, updated bathrooms, hardwood flooring in the living areas, and luxury vinyl plank in the bedrooms. A detached two-car garage serves the property, and each unit is separately occupied.

The property is located in Cleveland's Buckeye-Shaker neighborhood and falls within the Shaker Heights City School District attendance zone. Shaker Square and Larchmere are nearby, with RTA Blue and Green Line service running through the square. Case Western Reserve University is approximately 3.3 miles north.

Both units are leased on month-to-month tenancies, with residents in place since March 2023. Tenants are responsible for all utilities on both sides.

Key Highlights

  • Two side‑by‑side units, each with four bedrooms and 1.5 baths
  • 3,558 square feet across the duplex
  • Renovated kitchens with white shaker cabinetry and stainless appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Dental Office Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 44120, OH

34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value

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 - Occupied two-unit property with renovated interiors, a detached garage, and month-to-month tenancies.
Where is this duplex located?
The property is located at 3113 Ashwood Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with four bedrooms and 1.5 baths; 3,558 square feet across the duplex; Renovated kitchens with white shaker cabinetry and stainless appliances
More about this property
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