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3746 W 140th Street , Cleveland, OH 44111

$164,900
  • 3746 W 140th Street , Cleveland, OH 44111 Main Photo
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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,455 MLS#5232002
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLorain Gardens SCHOOLCleveland Municipal - 1809

Property Description

This cash-flowing duplex is an excellent opportunity for investors looking to expand their portfolio with an income-producing property that offers immediate returns and future upside. Featuring two fully occupied units, the lower unit offers 2 bedrooms and 1 full bathroom, while the upper unit features 1 bedroom and 1 full bathroom. Both units include spacious living rooms, functional kitchens, and practical layouts designed for comfortable everyday living. The shared basement provides additional storage space along with value-add potential for future improvements. The property is fully tenant occupied, generating immediate rental income. The lower unit rents for $1,050 per month with a lease in place through 02/28/2027, while the upper unit rents for $680 per month with a lease through 08/31/2026, providing reliable cash flow from day one. Additional improvements include younger furnaces, updated ductwork, younger water heaters, durable vinyl siding, and a combination of hardwood and luxury vinyl plank flooring throughout, helping minimize future maintenance while enhancing tenant appeal. With instant equity, stable occupancy, and strong income potential, this duplex is a smart investment for both seasoned and first-time investors. Conveniently located in Cleveland with easy access to I-71 and I-90, the property is close to major roads, public transportation, shopping, restaurants, schools, parks, and all the everyday amenities tenants are looking for! Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Whether you're looking to grow your rental portfolio or secure a property with immediate cash flow and long-term appreciation potential, this duplex is an opportunity you won't want to miss. Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

3746 W 140th Street | MLS# 5232002

This multi-family property located at 3746 W 140th Street , Cleveland, OH 44111 is currently listed for sale with an asking price of $164,900. W 140th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on davidcarr.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,566 / year
Year Built: 1925

Feature Descriptions

Exterior: Frame
Parcel#: 022-02-045
Parking: Driveway
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

Agent Name: David Carr
Agent Phone: (419) 410-6766
Agency Title: Key Realty

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Estimated Payment

$ 1,184.33 per month $922.40 Principal & Interest $213.83 Property Tax $48.10 Homeowner's Insurance

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