Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    3

  • Above Grade Finished Area

    3601.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Hot Water, Steam

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Other Exterior Features

    Balcony

  • Parking

    Driveway, Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1818

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $365,000

  • Tax Amount

    $7,190

  • Sq. Footage

    3,601

  • Price/SqFt

    $101

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    Cleveland Municipal - 1809

  • High School

    Cleveland Municipal - 1809

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

Cleveland Municipal - 1809

High School

Cleveland Municipal - 1809

Listing Courtesy of Connor Kobilarcsik , Russell Real Estate Services

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Opportunities like this don't come around every day! Perfectly situated near Cleveland's Detroit Shoreway and Ohio City neighborhoods (and a short distance to the ever-developing Lorain Ave corridor), 1949 W 54th offers TWO HOMES on ONE PARCEL! That's right... a MASSIVE duplex and single family home both on one parcel - offering endless possibilities for its next owner. A true gem for house hackers and investors alike... live in one unit and rent out the others OR rent out all three units and enjoy the positive cash flow! The upper unit in the duplex is 2 stories (townhome style) and features 4 bedrooms, 1 full bathroom (second bathroom can easily be added on second floor), large kitchen + dining space, and fabulous living area. The upper unit has an added bonus of central air conditioning, majority vinyl windows, and gorgeous hardwood floors. The lower unit in the duplex boasts original charm w/ leaded glass built-ins + windows, inlaid hardwood flooring, pocket doors, and perfectly preserved stain glass windows. Plenty of updates in the duplex including newer electrical panels, one newer hot water tank (2017), upper unit HVAC (within last 5 years), and lower unit boiler (2016)...The rear house includes 2 bedrooms, 1 full bathroom, updated HVAC (~2024), a lovely private back deck and has been occupied by the same tenant for many years. Take advantage of the close proximity to public transportation including nearby bus stops to downtown and redline to airport.  Easy access to Greenway path and other planned commuter bikeways to come. Stake your claim in the best of Cleveland's west side neighborhoods!

1949 W 54th Street

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Related Properties

Attention all savvy owner occupants or investors looking for a cash flowing duplex to live or invest in, with value add potential in sought after Detroit Shoreway!! This well maintained, formerly owner occupied duplex boasts two large units for a total of five bedrooms, three bathrooms and has excellent short- midterm rental potential estimates of up to $4500+/month. This spacious duplex features newer roof (2022), updated kitchens, bathrooms, flooring, paint, light filled rooms, and loads of historic charm. This beautiful duplex is centrally located allowing easy access to downtown, Gordon Square Arts District, Edgewater Metropark and Beach, Lakewood, West Side Market, Tremont and Ohio City! 
Move right in and have built in mortgage support, or rent for top dollar. Short, mid and long term tenants love this area. You can't go wrong!!
The upper unit (top two floors 3 bedrooms, 2 bathrooms) is vacant, clean and move in ready. The lower unit is occupied, please do not disturb the tenants. 
Buyer tours welcome for the upper unit and basement only (lower unit access for inspection upon accepted offer) The current long term lease rental income for the lower unit is $1350/month. The lower unit tenant lease expires November 30,2026
Lower unit photos taken prior to occupancy, tenant does an excellent job maintaining the unit. Upper unit photos were taken 6/15/26.

Disclosure: Three rooms are virtually staged for buyer visualization. The furniture shown is digital and not included. 

All offers must include proof of cash or mortgage funds. Please no low-ballers, wholesalers or contract reassignments. The owner would like to sell expediently to a fair buyer with no hassle. In the event of multiple offers, all interested parties will be notified and given fair opportunity to submit. Take your best shot and add this gem to your portfolio or move in ASAP!

Happy Hunting!
#5205360

Cleveland

1851 W 58th Street

5 Beds

3 Baths

2,734 Sq.Ft.

$319,500

MLS#: 5205360

Price reduced
RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! 

Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state.

Cash-Flow Machine
Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:
    •    7507 – $1,400
    •    7509 – $1,385
    •    7511 – $1,250
    •    7513 – $1,640

That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high.
 
Highlights:
    •    Four side-by-side 3-bedroom townhome units
    •    Private basements & dual entrances for every unit
    •    Renovated interiors with LVP & granite finishes
    •    Multiple newer furnaces & key upgrades completed
    •    Fully rented, strong Section 8 tenancy
    •    Tenants pay gas & electric

Property is lead safe certified with the city!

Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!
#5155900

Cleveland

7507 Lawnview Avenue

12 Beds

4 Baths

6,424 Sq.Ft.

$399,000

MLS#: 5155900

Fully remodeled, turnkey duplex offering immediate cash flow and excellent income potential in the heart of Old Brooklyn. The 3-bedroom, 2-bathroom unit is currently leased for $1,300 per month, providing instant rental income. The spacious 5-bedroom, 2-bathroom unit is currently vacant, with qualified tenant applications under review and a projected market rent of approximately $1,700 per month. Whether you're looking to add a strong-performing investment to your portfolio or occupy one unit while generating rental income from the other, this property offers outstanding flexibility and long-term value.

Strategically located just minutes from MetroHealth Main Campus and offers strong potential for short-term or mid-term rental income as alternative to current long-term revenue.

Extensively updated for low maintenance and long-term performance, renovations include new plumbing, updated electrical with new panels, fully renovated kitchens and bathrooms, new LVP flooring, drywall, insulation, trim, doors, windows, and appliances, along with a new roof, gutters, and exterior doors (2025). Additional improvements include a new HVAC and hot water tank (2026).
#5212201

Cleveland

4025 Henritze Avenue

8 Beds

4 Baths

2,898 Sq.Ft.

$295,000

MLS#: 5212201

Fully occupied Victorian duplex in the heart of Ohio City with immediate cash flow and real rent upside. Both tenants are current and have zero chargebacks in the trailing 12 months. The lower unit is already month-to-month and the upper unit lease expires October 2026. Current rents are below what this neighborhood is bearing for comparable product, so the path to increased returns is straightforward.

The upper unit is a 2BR/2BA with a full bath featuring an original clawfoot tub and stained glass window, a second full bath off the second floor bedroom, a custom spiral staircase, exposed brick, track lighting, hardwood floors, in-unit laundry, and bar seating off the kitchen. The lower unit is a 2BR/1BA with hardwood floors, in-unit laundry, and its own independent mechanicals. Both units have separate HWT and forced air systems.

Ohio City continues to draw young professionals and long-term renters. The tenant pool is deep, the neighborhood is strong, and this one is priced to move.
#5195219

Cleveland

1891 Fulton Road

4 Beds

3 Baths

N/A

$415,000

MLS#: 5195219

Your opportunity has arrived to own a duplex in the HEART of Cleveland's LITTLE ITALY Historic Neighborhood! This property has been completely remodeled and lovingly taken care of by the same family for decades. Each unit boasts LVF, newer windows, granite countertops, stainless appliances along with separate laundry facilities. This is a unique property as the drive extends to a backyard patio and private, fenced off yard perfect for entertaining or just relaxing in the quiet peace of your own space. The front unit has a closed in front porch area overlooking the front of the home. This can be used as a separate second living area or even an office as it is heated. The lower level of this unit includes a second full bath and the laundry. The upper unit also has 2 beds and a full bath with the laundry right off the kitchen - so convenient! This unit is accessed through a private, separate entrance. This home has ceiling fans and A/C to keep you cool all summer long. This home would be perfect to use as an investment property as each unit can be rented or perhaps you want to live in one side and have the tenant pay your mortgage on the other side. Your proximity to Case Western and the University Circle area within a short distance makes this a prime rental property. The exterior features vinyl siding, brick and glass block windows in the lower for added security. The possibilities are endless. Please call for an appointment today as the CICERO Team would be happy to show you this gem of a home or have your agent take you through it today.  Home is being sold As-Is
#5170829

Cleveland

1975 E 124th Place

4 Beds

3 Baths

N/A

$310,000

MLS#: 5170829

Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.
#5215397

Cleveland

3122 W 30th Street

9 Beds

3 Baths

3,079 Sq.Ft.

$315,000

MLS#: 5215397

This Income Producing Property Features A Versatile Configuration With A Front Triplex and A Separate Rear Single Family Home, Providing Multiple Revenue Streams On One Parcel. All Units Are Currently Leased Brining In $3,625 In Monthly Rent, Making This An Ideal Opportunity For Investors Seeking Stabilized Income From Day One. Some Of The Updates For The Front Triplex Include A New Kitchen In The 3rd Unit, Added In 2024, With New Cabinets, Countertops, Fixtures, And Flooring. All Three Bathrooms Have Been Updated With Vanities And Fixtures. Additional Upgrades Include Newer Flooring Throughout, New Hot Water Tanks, And An All-New Roof With New Gutters In 2024. The Single Family Comes With A New Kitchen (2024), Updated With New Cabinets, Countertops, Fixtures, And Flooring. The Bathroom Was Also Updated In 2024, With A Tiled Tub/Shower Combo, Plumbing, A New Vanity, Fixtures, And Flooring.  Additional Upgrades Include Newer Windows, And A New Hot Water Tank. No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financed And "Subject To" Offers Will Not Be Considered.
#5177018

Cleveland

3332 Walton Avenue

8 Beds

3 Baths

2,992 Sq.Ft.

$359,900

MLS#: 5177018

Price reduced
Welcome to this exceptional four-unit investment opportunity located in Cleveland's Tremont neighborhood. Situated just off Scranton Rd, this well-maintained property offers over 3,670 square feet of living space and highly attractive unit mix ideal for investors and owner-occupants alike. The building features three spacious two-bedroom units and one one-bedroom unit, providing broad rental appeal. Each unit offers comfortable layouts with ample natural light and functional living spaces. Appliances included and laundry is in each unit.  Very spacious fenced in yard. Whether you're looking to expand your portfolio or secure a multi-family property in a great location this a rare opportunity you won't want to miss. The property brings in over $48,000 and operates for less than $10,000 a year. This is a cash flowing property, and the rents are lower than market value. Easy way to add value improvements.
 Schedule a showing today and give at least 48 hours' notice please!
#5203416

Cleveland

2000 Seymour Avenue

7 Beds

4 Baths

3,670 Sq.Ft.

$379,000

MLS#: 5203416

Price reduced
Opportunity awaits in the heart of Cleveland's highly sought-after Detroit Shoreway neighborhood! Just minutes from Gordon Square, Edgewater Park, Lake Erie, and Downtown Cleveland, this beautifully updated duplex (renovated in 2019) offers the perfect blend of investment potential and urban living.
The first-floor unit is currently operating as an Airbnb and features two spacious bedrooms plus a bonus room that's ideal for a home office, guest space, or flex room. The second-floor unit offers three bedrooms and is occupied by a month-to-month tenant who would love to stay, providing immediate rental income with flexibility for the new owner.
Whether you're looking to expand your investment portfolio, owner-occupy while generating income, or continue operating a short-term rental, this property offers endless possibilities. Enjoy being just moments from award-winning restaurants, breweries, theaters, local shops, the shores of Lake Erie, Edgewater Beach, and everything that makes Detroit Shoreway and Gordon Square one of Cleveland's most vibrant neighborhoods.
Don't miss your chance to own this turnkey income-producing property in one of the city's most desirable locations!
#5222892

Cleveland

1337 W 67th Street

5 Beds

2 Baths

2,016 Sq.Ft.

$419,000

MLS#: 5222892

 - property

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