About This Home

This 4-bedroom, 3-bathroom multi-family at 10222 Parkgate Avenue in Cleveland, OH is listed for $199,995. Built in 1911, on a 0.10 acres lot.

Key Features

  • Built in 1911
  • 0.10 acre lot
  • 3 stories

Property Details

3 stories
3 full
1911
Listing Description

Turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. Upper unit is leased through CMHA Section 8 at $1,326/month. Lower unit is renovated, with a recently new lease (July 26 producing $1,200/month, producing estimated gross income of ~$2,526/month (~$30K/year) once stabilized.

Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking.

Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area. Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services - supporting strong tenant demand and consistent occupancy.

Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

10222 Parkgate Avenue

Cleveland, OH 44108

Superior Park Sub/B Schatzinger

Property Details

Construction

VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 10222 Parkgate Avenue is listed at $199,995. The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1911, 0.10 acre lot, 3 stories.

This property is listed by John Currid.

JC

John Currid

License 2021000177

Agent at RE/MAX Traditions

Listed by RE/MAX Traditions · Broker phone: (216) 896-9204 · View on Broker Site · Broker website

MLS# 5195105· Source: MLS Now· 223 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10222 Parkgate Avenue, Cleveland, OH 44108

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