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Updated Duplex with Bonus Rooms
For Sale
$214,000
Pending

5810 Madison Ave, Cleveland, OH 44102

Two residential units feature private entrances, flexible bonus rooms, and separately metered gas and electric service.

Property Size1,900 SF
Days on Market71

Property Features for 5810 Madison Ave

General Information

Standard status Pending
Size 1,900 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA + bonus room
Multifamily Units 2

Amenities

washer/dryer
private entrances

Building Details

Year Built 1900
Listing Agency: Century 21 DeAnna Realty
Listed By: Madison Timoteo · License #2020007685
Source: Mynexthomeonline
Added: Aug 7 Changed: Oct 13 Last Checked: Oct 16 at 9:40AM

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 Century 21 DeAnna Realty

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, each with 2 bedrooms, 1 full bathroom, and an additional bonus room suitable for office, nursery, playroom, or storage use. Both kitchens include appliances, and the basement provides one washer and dryer set. Each unit has its own entrance. The upper residence has received new carpet, fresh paint, LED lighting, and a renovated bathroom with a new tub and tiled surround.

The lower unit is occupied by a month-to-month tenant, while the upper unit is prepared for occupancy or leasing. Gas and electric are separately metered, with residents responsible for those utilities; the owner pays water and sewer. A home warranty is included. The property is located in Cleveland’s Detroit Shoreway neighborhood, near restaurants, shopping, parks, downtown Cleveland, and nearby residential development.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit
  • Each residence includes a flexible bonus room for office, nursery, playroom, or storage use
  • Upper unit updated with new carpet, fresh paint, LED lighting, and remodeled bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Nail Salon Carpet & Flooring Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature private entrances, flexible bonus rooms, and separately metered gas and electric service.
Where is this duplex located?
The property is located at 5810 Madison Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom per unit; Each residence includes a flexible bonus room for office, nursery, playroom, or storage use; Upper unit updated with new carpet, fresh paint, LED lighting, and remodeled bathroom
More about this property
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