Updated Two-Unit
For Sale
$99,900
3601 Memphis Ave, Cleveland, OH 44109
Both residences are occupied under month-to-month leases, offering flexibility for continued rental use or owner occupancy.
Property Size1,408 SF
Price / SF$70.95
Days on Market40
Property Features for 3601 Memphis Ave
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,881
Building Details
Tenancy
Multi
Listing Agency:
Lokal Real Estate, LLC.
(440) 570-6636
Listed By:
Steven C Cathcart · License #2019001070
(440) 570-6636
Source:
Exprealty
Added: Jul 23
Changed: Aug 20
Last Checked: Aug 30 at 8:52PM
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 Lokal Real Estate, LLC.
Investment Insights
Based on property information with market context.
Located at 3601 Memphis Ave in Cleveland’s Old Brooklyn neighborhood, this duplex contains two separate one-bedroom, one-bathroom residences. Each unit measures approximately 704 square feet, for 1,408 square feet across the property. Both units are occupied under month-to-month leases, allowing the next owner to continue the existing rental arrangement or evaluate future occupancy plans.
Recent property updates include replacement hot water tanks in 2022, updated electrical panels in 2021, and a new garage door installed in 2022. The property is situated near shopping, restaurants, parks, and major highways, providing access to a range of everyday amenities and transportation routes.
Recent property updates include replacement hot water tanks in 2022, updated electrical panels in 2021, and a new garage door installed in 2022. The property is situated near shopping, restaurants, parks, and major highways, providing access to a range of everyday amenities and transportation routes.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units
- Approximately 704 sq. ft. per unit; 1,408 sq. ft. total
- Both units occupied on month‑to‑month leases
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under month-to-month leases, offering flexibility for continued rental use or owner occupancy.
Where is this duplex located?
The property is located at 3601 Memphis Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bathroom units; Approximately 704 sq. ft. per unit; 1,408 sq. ft. total; Both units occupied on month‑to‑month leases
