Income-Producing Duplex Near Downtown
3359 East 65th Street Cleveland, OH 44127
3359 East 65th Street, Cleveland, OH, 44127
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For Sale
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Versatile duplex with strong cash-flow potential, updated features, and convenient location.
Property Size2,016 SF
Price / SF$98.71
Days on Market66
Property Features for 3359 East 65th Street
General Information
- Standard status
- Active
- Size
- 2,016 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1890
Listing agency
RE/MAX Haven Realty
Listed by
Michael Azzam · License #SAL.2014004734
Source
Crexi
Added: May 18 Updated: Jul 10 at 1:39PM Checked: Jul 22 at 5:13PM
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 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
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
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 East 65th Street Cleveland, 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: 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.
