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Renovated Duplex with Two Units

723 E 162nd Street, Cleveland, OH 44110

For Sale
$145,000

Each residence has its own porches, kitchen appliances, and access to basement laundry hookups.

Property SizeContact for details
Days on Market93

Property Features for 723 E 162nd Street

General Information

Standard status Active
Property subtype Duplex

Site & Location

Neighborhood Euclid-Green

Units

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

Taxes and HOA fees

Annual Taxes $2,454

Amenities

front porch
rear porch
laundry hookups

Building Details

Year Built 1925
Year Renovated 2025
Buildings 1
Listing Agency: EXP Realty, LLC.
Listed By: Mary Beth Frye · License #2015003461
Source: Lifestagesrealty
Added: Aug 7 Changed: Nov 6 Last Checked: Nov 6 at 9:31AM

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 EXP Realty, LLC.

Rey
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Investment Insights

Based on property information with market context.

Renovated in 2025, this duplex contains two apartments, each with 2 bedrooms and 1 bathroom. Both have updated paint, flooring, and kitchen cabinetry, along with kitchen appliances and front and rear porches. Laundry hookups are available in the basement for each unit.

Building improvements include a new roof, windows, furnaces, and hot water tanks. The electrical panels and plumbing have also been updated.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Renovated in 2025
  • New roof, windows, furnaces, and hot water tanks

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 44110, OH

17,617
Population
11,140
Households
1.6
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
4.1 sq mi
ZIP Area
4,297
Density / Sq Mi
$30,973
Median Household Income
$28,263
Median Earnings
$821
Median Rent
$62,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Cleveland, OH

$70.12 Jul
$71.74 Aug
$71.89 Sep
$71.83 Oct

Properties on Market for Duplexes in Cleveland

Jul
Aug
Sep
Oct

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 - Each residence has its own porches, kitchen appliances, and access to basement laundry hookups.
Where is this duplex located?
The property is located at 723 E 162nd Street Cleveland, OH.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Renovated in 2025; New roof, windows, furnaces, and hot water tanks
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