Income-Producing Duplex Near Downtown
For Sale
$179,900
3359 E 65th St, Cleveland, OH 44127
Versatile duplex with strong cash-flow potential, updated features, and convenient location.
Property Size2,016 SF
Price / SF$89.24
Days on Market158
Property Features for 3359 E 65th St
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
North Broadway
Building Details
Year Built
1890
Listing Agency:
RE/MAX Haven Realty
Listed By:
Michael Azzam · License #2014004734
(440) 503-9609
Source:
Theacclaimedrealty
Added: May 20
Changed: Oct 13
Last Checked: Oct 7 at 4:56PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This income-producing duplex offers strong cash-flow potential for investors and homebuyers. The front unit features 5 beds and 1.5 baths across two levels, with two bedrooms on the main floor and three carpeted bedrooms upstairs. Recent updates include LVP flooring, newer vinyl windows, updated light fixtures, refreshed finishes, newer cabinetry, laminate countertops, updated bathroom fixtures, new vanity, and newer tub surround. The rear unit offers a 2 beds, 1 bath layout, creating an additional income opportunity. Separate gas and electric meters allow both units to operate independently. Major improvements include updated PVC plumbing main stack and drain lines, newer furnaces, younger water heaters, updated electrical panels, updated exterior 100 AMP meter bases, glass block basement windows, vinyl siding, vinyl windows, and a newer roof. The property also includes washer/dryer hookups, a detached 1-car garage, and functional outdoor space. The front unit is currently vacant and projected at approximately $2,000/mo in market rent, while the rear unit is tenant occupied at $1,085/mo. The property is located near Washington Reservation, Morgana Park, and Mill Creek Falls, with quick access to Downtown Cleveland. It is also near major highways, public transportation, schools, shopping centers, restaurants and parks. The property size is 2016 square feet. Full service property management is available with dedicated departments for leasing, marketing, and tenant communication, plus rehab and construction services for remote investors.
Key Highlights
- Strong cash‑flow potential with immediate income from tenant‑occupied rear unit and projected market rent for the vacant front unit.
- Two separate units with separate gas and electric meters, maximizing rental efficiency and flexibility.
- Recent major improvements including updated PVC plumbing, newer furnaces and water heaters, updated electrical panels, newer roof, vinyl windows and siding, and glass block basement windows.
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
Explore this area
Business Placement
Demographics for 44127, OH
4,179
Population
2,182
Households
1.9
Avg Household Size
37
Median Age
10%
College-Educated
67%
High-School Grad
1.8 sq mi
ZIP Area
2,322
Density / Sq Mi
$32,955
Median Household Income
$29,000
Median Earnings
$657
Median Rent
$50,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Versatile duplex with strong cash-flow potential, updated features, and convenient location.
Where is this duplex located?
The property is located at 3359 E 65th St Cleveland, OH.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Strong cash‑flow potential with immediate income from tenant‑occupied rear unit and projected market rent for the vacant front unit.; Two separate units with separate gas and electric meters, maximizing rental efficiency and flexibility.; Recent major improvements including updated PVC plumbing, newer furnaces and water heaters, updated electrical panels, newer roof, vinyl windows and siding, and glass block basement windows.
