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Leased Duplex
New
For Sale
$69,900

4123 E 59th St, Cleveland, OH 44144

Both units are occupied under existing leases.

Property SizeContact for details
Days on Market3

Property Features for 4123 E 59th St

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Additional Details

Gross Income $20,100
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,429
Listing Agency: M. C. Real Estate
Listed By: Matthew S Scheel
Source: Exprealty
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:42PM

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 M. C. Real Estate

Investment Insights

Based on property information with market context.

This Cleveland duplex contains two residential units, each currently leased. The property is included in a portfolio comprising five properties and eight units overall.

The portfolio also includes properties at 4115 Muriel, 4140 W 36th, 3641 Independence, and 6153 Morton.

Key Highlights

  • Two‑unit duplex with both residences currently leased
  • Offered as part of a five‑property, eight‑unit portfolio

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 44144, OH

21,361
Population
9,994
Households
2.1
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
5.5 sq mi
ZIP Area
3,884
Density / Sq Mi
$59,775
Median Household Income
$37,318
Median Earnings
$923
Median Rent
$138,000
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both units are occupied under existing leases.
Where is this duplex located?
The property is located at 4123 E 59th St Cleveland, OH.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences currently leased; Offered as part of a five‑property, eight‑unit portfolio
More about this property
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