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Two-Unit Duplex With Garage
New
For Sale
$120,000

7016 Ivy Ave, Cleveland, OH 44127

Occupied residential property with separate living units, basement space, and forced-air heating.

Property Size1,876 SF
Price / SF$63.97
Days on Market5

Property Features for 7016 Ivy Ave

General Information

Standard status Active
Size 1,876 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Gross Income $18,600

Building Details

Year Built 1900
Listing Agency: B2B Realty
Listed By: Ryan Walsh · License #2023006206
Source: Theacclaimedrealty
Added: Sep 14 Last Checked: Sep 18 at 10:04AM

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 B2B Realty

Investment Insights

Based on property information with market context.

Built in 1900, this occupied duplex contains 1,876 square feet of living area divided between two 2-bedroom, 1-bath units. Each unit provides a residential layout suited to separate occupancy, while the property also includes forced-air heat and an open porch.

Additional improvements include a full unfinished basement and a detached 2-car garage. The property is offered as-is. Access for prospective purchasers is limited until an accepted purchase contract is in place, and tenant privacy is required during the process.

Key Highlights

  • Two 2‑bedroom, 1‑bath residential units
  • 1,876 square feet of living space
  • Detached 2‑car garage

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

645
Businesses Nearby

Demographics for 44127, OH

4,179
Population
2,182
Households
1.9
Avg Household Size
37
Median Age
10%
College-Educated
67%
High-School Grad
1.8 sq mi
ZIP Area
2,322
Density / Sq Mi
$32,955
Median Household Income
$29,000
Median Earnings
$657
Median Rent
$50,600
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 - Occupied residential property with separate living units, basement space, and forced-air heating.
Where is this duplex located?
The property is located at 7016 Ivy Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residential units; 1,876 square feet of living space; Detached 2‑car garage
More about this property
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