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Two-Unit Colonial Duplex
For Sale
$199,000

3217 Sycamore Rd, Cleveland Heights, OH 44118

Both apartments are occupied under 12-month leases, with separate gas, electric, and water metering.

Property Size3,271 SF
Price / SF$60.84
Days on Market16

Property Features for 3217 Sycamore Rd

General Information

Standard status Active
Size 3,271 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $5,729
Listing Agency: RE/MAX Haven Realty
Listed By: Michael Azzam · License #2014004734
Source: Exprealty
Added: Sep 25 Changed: Oct 4 Last Checked: Oct 10 at 12:31AM

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 RE/MAX Haven Realty

Investment Insights

Based on property information with market context.

This colonial-style duplex contains 3,271 square feet across two apartments, each configured with five bedrooms and one bathroom. Interior finishes include original hardwood in living and dining areas, hallways, stairs, and bedrooms, alongside carpet and LVP flooring. The kitchens have LVP floors, and the bathrooms feature updated flooring and newer vanities. A detached garage, wood-sided exterior, PVC plumbing, and separate utility meters round out the property’s features.

The property is in Cleveland Heights, with access to major roads and public transportation. Nearby destinations listed include University Circle, Case Western Reserve University, Cleveland Clinic, University Hospitals, and Downtown Cleveland, as well as the Cedar Lee and Coventry Village commercial districts. Professional management is in place, and the manager is willing to continue.

Key Highlights

  • Two apartments, each with 5 bedrooms and 1 bathroom
  • 3,271 square feet of living space
  • Both units occupied on 12‑month leases

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Auto Parts Store Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby

Demographics for 44118, OH

40,242
Population
17,849
Households
2.3
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
5,749
Density / Sq Mi
$76,328
Median Household Income
$44,837
Median Earnings
$1,195
Median Rent
$205,600
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 - Both apartments are occupied under 12-month leases, with separate gas, electric, and water metering.
Where is this duplex located?
The property is located at 3217 Sycamore Rd Cleveland Heights, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two apartments, each with 5 bedrooms and 1 bathroom; 3,271 square feet of living space; Both units occupied on 12‑month leases
More about this property
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