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1222 E 172nd Street, Cleveland, OH 44119

$209,000
  • 1222 E 172nd Street, Cleveland, OH 44119 Main Photo
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,536 MLS#5196692
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGlenside SCHOOLCleveland Municipal - 1809

Property Description

Turnkey cash-flowing duplex in Cleveland fully renovated in 2023 and ready for immediate returns. This well-maintained two-family property features one occupied unit and one unit with a tenant secured starting May 1st, minimizing vacancy risk and ensuring consistent income. The upstairs unit will rent for $1,150/month with a 3-year lease in place, while the downstairs unit is an Eden-supported tenant generating $1,170/month ($958 Eden + $212 tenant portion) with a 3-year lease, bringing total monthly income to $2,320 ($27,840 annually). The property has been updated with new furnaces and hot water tanks, offering low maintenance and reduced capital expenditures. Additional highlights include a dry basement, solid overall condition, and all appliances owned by the seller and included in the sale. This is an easy, turnkey investment ideal for investors seeking stable, long-term cash flow with minimal upfront work. Property is being sold as-is as part of a package with 3568 West 67th Street, Cleveland, OH 44102, creating an opportunity to acquire multiple performing assets with strong income already in place. Will be sold as a package with a cash flowing tri-plex at 3568 W 67th St Cleveland Ohio 44102.

1222 E 172nd Street | MLS# 5196692

This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $209,000. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,169 / year
Year Built: 1924

Feature Descriptions

Days on Site: 1
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 113-23-013
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

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Estimated Payment

$ 1,164.99 per month $923.28 Principal & Interest $180.75 Property Tax $60.96 Homeowner's Insurance

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