5903 Wakefield Ave Cleveland, OH 44102
This exceptional investment opportunity presents a charming two-unit apartment building located at 5903 Wakefield Avenue in Cleveland, Ohio. Built in 1906, this full duplex sits on a sizable 3,484.8 square foot lot, offering ample space and potential. The property is listed at $190,000, translating to a price per square foot of $126.67. Ideal for investors seeking strong cash flow, this multifamily property provides two individual units, perfect for rental income generation. The property's location in the 44102 zip code of Cuyahoga County offers convenient access to local amenities and services. The building's age suggests potential for renovation and value enhancement, allowing for further return on investment. This is a rare chance to acquire a well-situated, income-producing property in a desirable Cleveland neighborhood. The property's solid construction and established rental history make it an attractive proposition for discerning investors. Don't miss this opportunity to add a valuable asset to your portfolio. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.