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Duplex with Unfinished Third Floor
New
For Sale
$199,000

4506 Wichita Avenue, Cleveland, OH 44144

Vacant two-unit property with updated electrical work, refreshed kitchen cabinetry, and included appliances.

Property Size2,436 SF
Price / SF$81.69
Days on Market3

Property Features for 4506 Wichita Avenue

General Information

Standard status Active
Size 2,436 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1925
Listing Agency: Keller Williams Elevate
Listed By: Candi M Howell · License #2019007404
Source: Carletonrealty
Added: Sep 19 Last Checked: Sep 19 at 2:45PM

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 Keller Williams Elevate

Investment Insights

Based on property information with market context.

This 2,436-square-foot duplex at 4506 Wichita Avenue was built in 1925 and is currently unoccupied. Exterior improvements include vinyl siding and glass block windows at the lower level. The electrical system has been updated, the downstairs furnace is newer, and plumbing work was completed this year. Both kitchens have newer cabinets and countertops, while appliances remain with each unit. A washer and dryer are also included in the basement.

The third floor is recorded as the fifth bedroom in public records and includes a closet, although the space is currently unfinished. The property is in Cleveland, OH 44144, with highway access and shopping nearby. A home warranty is included.

Key Highlights

  • 2,436‑square‑foot duplex built in 1925
  • Currently unoccupied
  • Updated electrical system and newer downstairs furnace

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Electrical Service Parking Lot & Garage Building Supply

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

609
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 - Vacant two-unit property with updated electrical work, refreshed kitchen cabinetry, and included appliances.
Where is this duplex located?
The property is located at 4506 Wichita Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,436‑square‑foot duplex built in 1925; Currently unoccupied; Updated electrical system and newer downstairs furnace
More about this property
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