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Two-Unit Duplex
For Sale
$154,300

3202 Marvin Ave, Cleveland, OH 44109

Separate residences create two potential rental arrangements within one multifamily property.

Property Size2,554 SF
Price / SF$60.42
Days on Market67

Property Features for 3202 Marvin Ave

General Information

Standard status Active
Size 2,554 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,418
Listing Agency: HomeSmart Real Estate Momentum LLC
Listed By: Randa Muntaser · License #2023006287
Source: Exprealty
Added: Aug 11 Changed: Oct 7 Last Checked: Oct 15 at 5:10AM

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 HomeSmart Real Estate Momentum LLC

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Investment Insights

Based on property information with market context.

Located at 3202 Marvin Ave in Cleveland, this 2,554-square-foot duplex contains two separate residential units. The configuration provides a multifamily ownership structure with the potential to generate rental income from each residence.

The property is positioned near Tremont, Downtown Cleveland, and Ohio City, with access to restaurants, entertainment, shopping, employment centers, and major roadways. Its Cleveland location places the duplex within reach of established urban destinations and surrounding neighborhood activity.

Key Highlights

  • 2,554‑square‑foot duplex at 3202 Marvin Ave, Cleveland, OH
  • Two separate residential units
  • Located near Tremont, Downtown Cleveland, and Ohio City

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Spa & Massage Center Travel Agency

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

Location Intelligence

Trade Area within ½ mile

2,166
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 - Separate residences create two potential rental arrangements within one multifamily property.
Where is this duplex located?
The property is located at 3202 Marvin Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $154,300.
What are key features of this property?
This property features: 2,554‑square‑foot duplex at 3202 Marvin Ave, Cleveland, OH; Two separate residential units; Located near Tremont, Downtown Cleveland, and Ohio City
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