3401 Roanoke Avenue, Cleveland, OH 44109

$139,900
  • 3401 Roanoke Avenue, Cleveland, OH 44109 Main Photo
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BEDS4 BATHS2 full SQUARE FEET1,405 MLS#5253951
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSears SCHOOLCleveland Municipal - 1809

Property Description

Fantastic opportunity for investors looking to expand their portfolio with a fully occupied, income-producing duplex in Cleveland's desirable Old Brooklyn neighborhood! This property offers immediate rental income, established tenants, & long-term investment potential. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright & inviting living room, a functional kitchen, & an adjoining dining room, providing comfortable living spaces for tenants. Both units feature LVP flooring throughout the living rooms, dining rooms, kitchens, & bedrooms, offering a modern appearance & easy maintenance. The full basement provides additional storage & potential for future value-add improvements, while the detached 2-car garage adds convenience & functionality. This duplex is fully occupied by established tenants who have resided in the property since 2023, offering a stable rental history. The upper unit currently rents for $800/month, while the lower unit generates $950/month, bringing the combined rental income to $1,750/month. Both tenants are on month-to-month leases, providing flexibility for future rental adjustments & investment strategies. Additional highlights include lead clearance, a furnace installed in 2024, a second furnace from 2006, & a hot water tank from 2023. Conveniently situated in Cleveland's Old Brooklyn neighborhood, the property offers easy access to MetroHealth Main Campus, Cleveland Metroparks Zoo, major roadways, public transportation, shopping, schools, parks, restaurants, & everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking to strengthen an existing rental portfolio or secure an income-producing property with future upside potential, this fully occupied duplex presents an excellent opportunity! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

3401 Roanoke Avenue | MLS# 5253951

This multi-family property located at 3401 Roanoke Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $139,900. Roanoke Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.tannerrealestate.net today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $2,927 / year
Year Built: 1890

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 014-20-138
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agency Title: Tanner Real Estate
Agency Phone: 330.823.8880

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Estimated Payment

$ 596.08 per month $311.36 Principal & Interest $243.92 Property Tax $40.80 Homeowner's Insurance

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