Updated Duplex: Value-Add
3424 West 117th Street, Cleveland, OH 44111
Updated duplex with immediate income potential in Cleveland.
Type:Multifamily
Property size:
1,986 SFPrice / SF:
$88/SF- Added:
- May 18, 2026
- Days on Market:
- 17
- Last Refresh:
- May 20 at 4:55 am
Property Features for 3424 West 117th Street
General Information
- Standard status
- Active
- Size
- 1,986 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1921
Listing agent Michael Azzam License #SAL.2014004734
Listing office RE/MAX Haven Realty
Listing date May 18, 2026
Source Crexi
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
HighLights
- Immediate cash flow potential with one unit rented at $950/month.
- Updated units with newer flooring, vanities, plumbing, and kitchen fixtures.
- Separate electrical panels and individually metered gas & electric utilities for each unit.
- Value‑add opportunity with a vacant unit ready for immediate occupancy.
- Convenient location in Cleveland with access to major roads, public transportation, schools, shopping, and local amenities.
- Full‑service property management available.
Overview
This updated duplex in Cleveland offers a value-add opportunity for investors seeking immediate cash flow. Each of the two units features 2 beds and 1 bath, a spacious living room, and a functional kitchen layout. A shared basement provides additional storage space. The lower unit is currently vacant with a market rent of $900 per month. The upper unit is tenant-occupied at $950 per month on a month-to-month lease. The lower unit features newer LVP flooring across the main living areas, including the living room, dining room, kitchen, and bedrooms. The bathroom has vinyl flooring, a newer vanity, updated plumbing, and a tub surround in excellent condition. The kitchen includes well-maintained cabinetry, a newer sink, and a faucet. The upper unit has vinyl flooring in the main living areas and LVP flooring in the hallways and bedrooms. The kitchen cabinetry is enhanced with a newer faucet and plumbing updates in the kitchen and bathroom sinks. The bathroom has ceramic tile flooring, a newer vanity, mirror, faucet, and a well-maintained ceramic tub surround. The basement features separate electrical panels for each unit and individually metered gas and electric utilities. Major mechanicals include a furnace estimated to be approximately 10 years old and hot water tanks from 2013 for both units. The basement has a toilet and LVP flooring on the stairway leading down. The property offers convenient access to major roads, public transportation, schools, shopping, and other local amenities. The property size is 1986 square feet. With one unit vacant and the other providing steady income, this duplex is well-positioned for investors seeking a balanced mix of immediate returns and future appreciation.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.7691909
- Latitude
- 41.4594791
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated duplex with immediate income potential in Cleveland.
Where is this duplex located?
The property is located at 3424 West 117th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Immediate cash flow potential with one unit rented at $950/month.; Updated units with newer flooring, vanities, plumbing, and kitchen fixtures.; Separate electrical panels and individually metered gas & electric utilities for each unit.
