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Duplex with Front Retail Building
New
For Sale
$125,000

7204 Clark Avenue, Cleveland, OH 44102

Two residential units are paired with a small front building zoned for local retail.

Property Size2,244 SF
Price / SF$55.70
Days on Market2

Property Features for 7204 Clark Avenue

General Information

Standard status Active
Size 2,244 SF
Property subtype Multi-Family
Zoning local retail

Site & Location

Neighborhood Detroit-Shoreway
Mixed-Use Components residential, retail

Amenities

full basement
detached two-car garage
gas forced-air heating
water tanks
handicap-accessible parking space

Building Details

Year Built 1900
Buildings 3
Listing Agency: Keller Williams Citywide
Listed By: Angie Lopez · License #2021002776
Source: Carletonrealty
Added: Oct 23 Last Checked: Oct 23 at 5:37PM

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 Keller Williams Citywide

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Investment Insights

Based on property information with market context.

The property combines a two-unit residential building with a small structure at the front of the site. The duplex contains 4 bedrooms and 2 full bathrooms across both units, which are scheduled to be vacant at closing. A full basement has exterior access for the upper unit and interior and exterior access for the lower unit. Additional features include a detached two-car garage, gas forced-air heating, and water tanks installed in 2019.

The front building previously operated as a sandwich shop, and the property is zoned for local retail. A handicap-accessible parking space is located directly in front. Shopping centers are nearby.

Appliances are included, along with approximately 12 fence panels, additional lighting, a lawn mower, and a SimpliSafe security system with cameras and additional equipment. The property is being sold as-is.

Key Highlights

  • Two residential units with a combined 4 bedrooms and 2 full bathrooms
  • Small front building formerly used as a sandwich shop; property zoned for local retail
  • Full basement with exterior access for the upper unit and interior/exterior access for the lower unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm Bakery 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.

Location Intelligence

Trade Area within ½ mile

558
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
View Realmo Analytics

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 are paired with a small front building zoned for local retail.
Where is this duplex located?
The property is located at 7204 Clark Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two residential units with a combined 4 bedrooms and 2 full bathrooms; Small front building formerly used as a sandwich shop; property zoned for local retail; Full basement with exterior access for the upper unit and interior/exterior access for the lower unit
More about this property
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