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Renovated Two-Unit Duplex
New
For Sale
$156,500

723 E 162nd Street, Cleveland, OH 44110

MULTI_FAMILY - Cleveland, OH

Property SizeContact for details
Lot Size0.16 Acres
Days on Market2

Property Features for 723 E 162nd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Basement, Laundry Room, Bedroom 4, Bedroom 2, Bedroom 3
Parking features Driveway
Appliances Range, Refrigerator
Subdivision Crosby
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions East of E152nd St, North of Holmes
Standard status Active
APN 116-14-091
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 16 CROSBY FF 2 S/L 143 SP 0144 ALL
Tax Annual Amount 2454
Legal Description 16 CROSBY FF 2 S/L 143 SP 0144 ALL

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

front porch
back porch
kitchen appliances
laundry hookups

Building Details

Year built 1925
Floors in Building 2
Building materials VinylSiding
Roof type Shingle
Listing Agency: EXP Realty, LLC.
Listed By: Mary Beth Frye · License #2015003461
Added: Aug 7 Last Checked: Aug 8 at 10:06PM
MLS# 5234836

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. Both units include front and rear porches, while range and refrigerator appliances remain with the property. Basement space provides laundry hookups and additional utility space. The building has vinyl siding, a shingle roof, forced-air heating, public water, and public sewer service.

Positioned at 723 E 162nd Street in Cleveland, the property occupies a 0.1552-acre lot and includes a driveway for parking. Constructed in 1925, the duplex offers a two-unit layout suited to continued residential occupancy or an owner-occupied arrangement, as supported by the existing configuration.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom residential units
  • Renovated duplex at 723 E 162nd Street, Cleveland, OH 44110
  • Front and rear porches serve both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Garden Center Plumbing Service

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

396
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Updated duplex with porches, included appliances, and basement laundry connections.
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 $156,500.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom residential units; Renovated duplex at 723 E 162nd Street, Cleveland, OH 44110; Front and rear porches serve both units
More about this property
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