$224,500
$227,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
1161 Rowley AVE Cleveland, OH 44109
4 Beds
2 Baths
2,200 SqFt
Key Details
Sold Price $224,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $102
Subdivision Meyer
MLS Listing ID 5205680
Sold Date 06/26/26
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,200
Year Built 1914
Annual Tax Amount $4,915
Tax Year 2025
Lot Size 5,318 Sqft
Acres 0.1221
Property Sub-Type Duplex
Property Description
This cash-flowing duplex presents a solid opportunity for investors seeking stable, consistent income from day one! Each unit features 2 bedrooms and 1 full bathroom, offering spacious living areas, functional kitchens, and adjoining dining spaces that appeal to long-term tenants. The property also includes a full basement, providing additional storage and potential for future value-add opportunities.
Both units are currently tenant-occupied, generating immediate income. The lower unit rents for $950 per month on a 12-month lease, while the upper unit rents for $1,050 per month, also on a 12-month lease—delivering a strong and reliable rental stream.
Conveniently located in Cleveland's Brooklyn Centre area, just minutes from MetroHealth Medical Center, this property benefits from a high-demand rental location. With close proximity to major highways, public transportation, shopping, dining, schools, and parks, tenants enjoy easy access to everyday essentials and employment hubs—making this an attractive, low-vacancy investment.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Whether you're expanding your portfolio or securing your first income-producing property, this duplex offers the ideal blend of cash flow, location, and long-term potential!
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 008-13-086
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Conventional
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Bought with Larry R Wanke • Keller Williams Greater Metropolitan