Duplex with Walk-Out
New
For Sale
$394,900
3643 Lindholm Road, Shaker Heights, OH 44120
ResidentialIncome, Shaker Heights, OH
Property Size2,368 SF
Lot Size0.12 Acres
Price / SF$166.77
Days on Market2
Property Features for 3643 Lindholm Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Basement
Parking features
Driveway
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
Van Sweringen Companys
Elementary school district
Shaker Heights CSD - 1827
Middle school district
Shaker Heights CSD - 1827
High school district
Shaker Heights CSD - 1827
Directions
Near Lee Road in Shaker Heights off Lomond Blvd
Standard status
Active
APN
735-27-054
Size
2,368 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
53 VANS#21 0206 ALL
Tax Annual Amount
7482
Legal Description
53 VANS#21 0206 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s), Multi Units
Water source
Public
Amenities
laundry
storage
recreation space
Building Details
Year built
1928
Floors in Building
2
Building materials
Brick
Roof type
Shingle, Asphalt
Listing Agency:
FASS Management Real Estate Services LLC
(866) 861-4761
Listed By:
Akil S Hameed · License #2011001906
(216) 266-0025
Added: Oct 14
Last Checked: Oct 15 at 8:06AM
MLS# 5252444
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,368-square-foot brick duplex, built in 1928, has five bedrooms and three full bathrooms arranged across three floors. The first and second floors each include an eat-in kitchen with quartz counters and stainless-steel appliances. Bedrooms at the rear of those levels connect to walk-out porches, while the third floor adds a bonus room. A full basement offers laundry, storage, and recreation areas.
Recent improvements include furnaces, air-conditioning units, and windows. The property sits on a 0.124-acre lot and has driveway parking, public water, and public sewer.
Recent improvements include furnaces, air-conditioning units, and windows. The property sits on a 0.124-acre lot and has driveway parking, public water, and public sewer.
Key Highlights
- Two‑family brick duplex with five bedrooms and three full bathrooms
- 2,368 square feet on a 0.124‑acre lot
- First- and second‑floor kitchens feature quartz countertops and stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,108
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,160
$502.2K
Cap Rate 7%
$358,686
$358.7K
Cap Rate 9%
$278,978
$279.0K
Market Conditions
NOI Build-Up for 2,368 SF
Gross rent
$38.4K $16.20/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$35.9K $15.15/SF
− OpEx
−$10.8K −$4.54/SF
NOI
$25.1K $10.60/SF
Area
Cuyahoga County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,160
Cap Rate 7%
$358,686
Cap Rate 9%
$278,978
Alternative Uses
Best Use
Multifamily LT 5
$358.7K
$313.9K – $418.5K
NOI $25,108 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$334.4K
$292.6K – $390.2K
NOI $23,409 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$1.90M
$1.66M – $2.21M
NOI $132,814 @ 7.0% cap · market cap 33.63%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - A full basement provides laundry, storage, and recreation space for the two-family property.
Where is this duplex located?
The property is located at 3643 Lindholm Road Shaker Heights, OH.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Two‑family brick duplex with five bedrooms and three full bathrooms; 2,368 square feet on a 0.124‑acre lot; First- and second‑floor kitchens feature quartz countertops and stainless‑steel appliances
