Turnkey, cash-flowing duplex just one block from Shaker Heights! This fully updated investment property offers immediate income and excellent upside, making it the perfect addition to any rental portfolio. The first-floor unit is occupied by a CMHA tenant paying $987 per month, providing reliable, guaranteed rental income with a check in the mailbox every month. The upper unit is vacant and ready for tenant placement, allowing the next owner to increase cash flow immediately. Professional property management is already in place and willing to remain for a truly hands-off investment experience. Recent improvements include a newer dimensional shingle roof, newer vinyl windows, easy-maintenance vinyl siding, updated kitchens with newer cabinets and countertops, updated bathrooms featuring newer vanities and tiled showers, newer LVP flooring and carpet throughout, and updated 100-amp electrical panels. A finished third-floor room with an electric baseboard heater offers additional usable living space and added flexibility. The property also comes with a City of Cleveland rental registration and Lead Safe Certificate already in place, helping make this a smooth, turnkey acquisition for investors. Whether you're looking to add dependable cash flow to your portfolio or secure a low-maintenance investment in a strong rental location near Shaker Heights, this duplex checks all the boxes.
Details
MLS #
5222633
Listing Type
For Sale
Style
Duplex
Sub-Type
Resale
Status
Contingent
Year
1920
Days On Site
56
Listing Provided By
Source One Realty LLC | Ian Grame
Features
Bed(s)
4
Bath(s)
2 Total
Basement
Y
Building(s)
1
Acreage
0.10
Parking
Garage Yes / No
No
Parking Features
Driveway
Taxes
Tax Annual Amount
970
Area Information
State
OH
County
Cuyahoga
City
Cleveland
Zip Code
44120
Community Name
Rice Heights
Listing VS Median (in Rice Heights)
Price: $129,900
low | high
Med: $175,000
15.280985373364% of Average
On site: 56
low | high
Med: 36
100% of Average
Sourced by Back At You
Market Activity 44120
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 12
Avg $ Per SqFt: $74.48
Min Sale Price: $17,000
Max Sale Price: $750,000
Med Sale Price: $98,750
Date: Jun 2026
Sales: 16
Avg $ Per SqFt: $72.21
Min Sale Price: $37,500
Max Sale Price: $290,000
Med Sale Price: $124,004
Date: May 2026
Sales: 32
Avg $ Per SqFt: $92.45
Min Sale Price: $33,000
Max Sale Price: $693,500
Med Sale Price: $159,500
Date: Apr 2026
Sales: 32
Avg $ Per SqFt: $77.67
Min Sale Price: $800
Max Sale Price: $485,000
Med Sale Price: $111,500
Date: Mar 2026
Sales: 35
Avg $ Per SqFt: $75.4
Min Sale Price: $1,250
Max Sale Price: $850,000
Med Sale Price: $119,500
Date: Feb 2026
Sales: 21
Avg $ Per SqFt: $83.25
Min Sale Price: $67,000
Max Sale Price: $356,250
Med Sale Price: $125,000
Date: Jan 2026
Sales: 20
Avg $ Per SqFt: $78.84
Min Sale Price: $1,100
Max Sale Price: $840,000
Med Sale Price: $127,500
Date: Dec 2025
Sales: 20
Avg $ Per SqFt: $75.33
Min Sale Price: $625
Max Sale Price: $365,000
Med Sale Price: $153,250
Date: Nov 2025
Sales: 26
Avg $ Per SqFt: $64.06
Min Sale Price: $850
Max Sale Price: $335,000
Med Sale Price: $104,500
Date: Oct 2025
Sales: 37
Avg $ Per SqFt: $82.56
Min Sale Price: $850
Max Sale Price: $921,000
Med Sale Price: $160,000
Date: Sep 2025
Sales: 38
Avg $ Per SqFt: $70.52
Min Sale Price: $850
Max Sale Price: $345,000
Med Sale Price: $130,000
Date: Aug 2025
Sales: 19
Avg $ Per SqFt: $77.73
Min Sale Price: $845
Max Sale Price: $800,000
Med Sale Price: $125,500
Sourced by Back At You
Jul 2026
Sales:
12
Avg $ Per SqFt:
$74.48
Min Sale Price:
$17,000
Max Sale Price:
$750,000
Med Sale Price:
$98,750
Jun 2026
Sales:
16
Avg $ Per SqFt:
$72.21
Min Sale Price:
$37,500
Max Sale Price:
$290,000
Med Sale Price:
$124,004
May 2026
Sales:
32
Avg $ Per SqFt:
$92.45
Min Sale Price:
$33,000
Max Sale Price:
$693,500
Med Sale Price:
$159,500
Apr 2026
Sales:
32
Avg $ Per SqFt:
$77.67
Min Sale Price:
$800
Max Sale Price:
$485,000
Med Sale Price:
$111,500
Mar 2026
Sales:
35
Avg $ Per SqFt:
$75.4
Min Sale Price:
$1,250
Max Sale Price:
$850,000
Med Sale Price:
$119,500
Feb 2026
Sales:
21
Avg $ Per SqFt:
$83.25
Min Sale Price:
$67,000
Max Sale Price:
$356,250
Med Sale Price:
$125,000
Jan 2026
Sales:
20
Avg $ Per SqFt:
$78.84
Min Sale Price:
$1,100
Max Sale Price:
$840,000
Med Sale Price:
$127,500
Dec 2025
Sales:
20
Avg $ Per SqFt:
$75.33
Min Sale Price:
$625
Max Sale Price:
$365,000
Med Sale Price:
$153,250
Nov 2025
Sales:
26
Avg $ Per SqFt:
$64.06
Min Sale Price:
$850
Max Sale Price:
$335,000
Med Sale Price:
$104,500
Oct 2025
Sales:
37
Avg $ Per SqFt:
$82.56
Min Sale Price:
$850
Max Sale Price:
$921,000
Med Sale Price:
$160,000
Sep 2025
Sales:
38
Avg $ Per SqFt:
$70.52
Min Sale Price:
$850
Max Sale Price:
$345,000
Med Sale Price:
$130,000
Aug 2025
Sales:
19
Avg $ Per SqFt:
$77.73
Min Sale Price:
$845
Max Sale Price:
$800,000
Med Sale Price:
$125,500
MLS Number: 5222633
Ian Grame – (216) 882-1056 – iangramerealtor@gmail.com
Source One Realty LLC – (216) 242-1400 – david@sourceonerealty.com
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The information is being provided by MLS Now Independence OH. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS Now Independence OH. All Rights Reserved.
MLS Number: 5222633
Ian Grame – (216) 882-1056 – iangramerealtor@gmail.com
Source One Realty LLC – (216) 242-1400 – david@sourceonerealty.com
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.