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Two-Unit Income Property
For Sale
$40,000

6840 Ottawa Road, Cleveland, OH 44105

Current occupants lease on a month-to-month basis in this residential income property.

Property SizeContact for details
Days on Market98

Property Features for 6840 Ottawa Road

General Information

Standard status Active
Property subtype Duplex

Amenities

Forced Air
Asphalt

Building Details

Year Built 1919
Tenancy Multi
Listing Agency: Greater Cleveland
Listed By: Jason Beard · License #2014002646
Source: Kw
Added: May 31 Changed: Sep 4 Last Checked: Sep 4 at 4:37PM

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 Greater Cleveland

Investment Insights

Based on property information with market context.

Built in 1919, this duplex is configured as a residential income property with current tenants occupying the units under month-to-month lease arrangements. The property includes forced-air heating and asphalt exterior surfaces.

Its existing tenant structure provides flexibility for future leasing decisions while maintaining current occupancy. The asset is located at 6840 Ottawa Road in Cleveland, Ohio 44105.

Key Highlights

  • Duplex configuration with two residential units
  • Current tenants occupy the property on month‑to‑month leases
  • Forced‑air heating system

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 44105, OH

34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Current occupants lease on a month-to-month basis in this residential income property.
Where is this duplex located?
The property is located at 6840 Ottawa Road Cleveland, OH.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Duplex configuration with two residential units; Current tenants occupy the property on month‑to‑month leases; Forced‑air heating system
More about this property
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