Listed By
Agency Name: Redfin Real Estate Corporation
Agency Contact: jerry.quade@redfin.com, 440-487-1400
Shown By
Agent Name: Doug Green
Agent Phone: (614) 893-8772
Agency Title: Cutler Real Estate
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Property Description
TURNKEY INVESTMENT OPPORTUNITY IN CLEVELAND! This fully occupied, completely renovated duplex offers an excellent opportunity for investors seeking immediate rental income and a turnkey addition to their portfolio. Generating $2,336 in total monthly rental income, this 1,788-square-foot property offers strong income potential and modern appeal. Each unit features 2 bedrooms, 1 full bath, a functional layout, and inviting double porches. The property also offers separate utilities for added convenience and straightforward ownership. Completed in October 2025, the renovation includes updated finishes and improvements throughout both units, creating a fresh, modern feel for tenants and peace of mind for the next owner. Located in the desirable South Collinwood area, the property is situated in an established rental market with convenient access to local amenities, transportation, and surrounding neighborhoods. The property is currently 100% tenant occupied, providing established rental income from day one. Whether you're looking to expand an existing portfolio or add a turnkey income-producing property, this duplex offers a compelling opportunity in a strong rental area. Do NOT disturb tenants. Due to tenant occupancy, showings are strictly available only with an accepted offer. Both units are Section 8 and Eden tenants.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Ceiling Fan(s)
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,101 / year
Year Built: 1926
Feature Descriptions
Exterior: Aluminum Siding
Fencing: Back Yard
Laundry: Common Area, In Basement
Parcel#: 116-10-067
Parking: Paved
Sewer: Public Sewer
Water: Public
Window: Wood Frames
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,175.84 per month $1,028.67 Principal & Interest $91.75 Property Tax $55.42 Homeowner's InsuranceChange Payment Information
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719 E 157th Street | MLS# 5247168
This multi-family property located at 719 E 157th Street, Cleveland, OH 44110 is currently listed for sale with an asking price of $190,000. E 157th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.douggreenrealtor.com today.