Duplex with Detached
New
For Sale
$349,900
3710 Lynnfield Road, Shaker Heights, OH 44122
ResidentialIncome, Shaker Heights, OH
Property Size2,951 SF
Lot Size0.13 Acres
Price / SF$118.57
Days on Market7
Property Features for 3710 Lynnfield Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Garage
Subdivision
Vansweringen
Elementary school district
Shaker Heights CSD - 1827
Middle school district
Shaker Heights CSD - 1827
High school district
Shaker Heights CSD - 1827
Directions
From Chagrin Boulevard, turn onto Lynnfield Road and continue to 3710 Lynnfield Road. Property is located between Chagrin Boulevard and Scottsdale Boulevard.
Standard status
Active
APN
736-18-162
Size
2,951 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
54 VAN S#22 1645 ALL
Tax Annual Amount
6442
Legal Description
54 VAN S#22 1645 ALL
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1937
Floors in Building
3
Building materials
Brick
Roof type
Asphalt, Shingle
Buildings
1
Listing Agency:
Lokal Real Estate, LLC.
(216) 252-6580
Listed By:
Mario Russo · License #2016001126
(440) 781-6885
Added: Oct 27
Changed: Oct 29
Last Checked: Nov 2 at 2:06PM
MLS# 5251293
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.
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.
Built in 1937, this 2,951-square-foot brick duplex contains two occupied units. Interior features include hardwood flooring and dining rooms with built-in cabinetry. A full basement offers storage and shared space, while a detached garage accommodates three vehicles.
The upper unit’s lease runs through April 2027, and the lower unit’s lease continues through March 2028. The property occupies a 0.1286-acre lot in Shaker Heights.
The upper unit’s lease runs through April 2027, and the lower unit’s lease continues through March 2028. The property occupies a 0.1286-acre lot in Shaker Heights.
Key Highlights
- Two occupied units with leases extending through April 2027 (upper) and March 2028 (lower)
- 2,951‑square‑foot brick duplex built in 1937
- Detached three‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,289
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,780
$625.8K
Cap Rate 7%
$446,986
$447.0K
Cap Rate 9%
$347,656
$347.7K
Market Conditions
NOI Build-Up for 2,951 SF
Gross rent
$47.8K $16.20/SF
− Vacancy
−$3.1K −$1.05/SF
EGI
$44.7K $15.15/SF
− OpEx
−$13.4K −$4.54/SF
NOI
$31.3K $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%
$625,780
Cap Rate 7%
$446,986
Cap Rate 9%
$347,656
Alternative Uses
Best Use
Multifamily LT 5
$447.0K
$391.1K – $521.5K
NOI $31,289 @ 7.0% cap · market cap 8.94%
Second Best
Apartment 5plus
$416.7K
$364.7K – $486.2K
NOI $29,172 @ 7.0% cap · market cap 8.34%
Theoretical Best
Warehouse
$2.36M
$2.07M – $2.76M
NOI $165,513 @ 7.0% cap · market cap 47.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Explore this area
Business Placement
Demographics for 44122, OH
36,268
Population
17,795
Households
2
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
12.5 sq mi
ZIP Area
2,901
Density / Sq Mi
$97,469
Median Household Income
$58,334
Median Earnings
$1,509
Median Rent
$304,300
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 - Two occupied homes feature hardwood floors, dining room built-ins, and a shared basement.
Where is this duplex located?
The property is located at 3710 Lynnfield Road Shaker Heights, OH.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two occupied units with leases extending through April 2027 (upper) and March 2028 (lower); 2,951‑square‑foot brick duplex built in 1937; Detached three‑car garage
