912 Starkweather Avenue, Cleveland, OH 44113
MULTI_FAMILY - Cleveland, OH
Property Features for 912 Starkweather Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.0671-acre lot and contains 1,974 square feet. Constructed in 1870, the home features vinyl siding and an asphalt and fiberglass roof. Heating is natural gas forced air, and cooling is provided by central air. A garage is included for parking.
Utilities are supported by public water and public sewer service, with the overall building designed for residential tenancy across both units.
Key Highlights
- 1,974 SF duplex on a 0.0671‑acre lot
- Two occupied units: 3 bed, 1 bath and 2 bed, 1 bath
- Natural gas forced‑air heating
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $17.88 |
| − Vacancy | −$1.6k | −$0.80 |
| EGI | $33.7k | $17.08 |
| − OpEx | −$10.1k | −$5.12 |
| NOI | $23.6k | $11.95 |
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Demographics for 44113, OH
Market
Vacancy Rate% for Multifamily in Midwest region