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About This Home
This 8-bedroom, 3-bathroom residential multi family at 1204 Ansel Road in Cleveland, OH is listed for $274,900 ($103 per sqft). Built in 1910, the home offers 2,658 sqft of living space on a 0.09 acres lot.
Offering a strong investment opportunity with immediate income with this side-by-side Duplex! One unit is already occupied (tenant in place for over 20 years rent $1558 m-t-m lease), providing steady rental income from day one, while the second unit has been updated and is move-in ready for a new tenant (advertised for rent at $1600).
Both units are very spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms while one unit includes 2 full bathrooms and the other offers 1 bathroom.
The updated unit showcases neutral finishes and has an additional bonus room. Ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, this property offers exceptional convenience for tenants. Easy access to public transportation makes commuting simple, adding to the strong rental appeal of this investment.
Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor's portfolio. No seller financing
Key Features
- Built in 1910
- 0.09 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$1,470/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1204 Ansel Road
Cleveland, OH 44108
Roman & Frances Stengers
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 3-bathroom residential multi family at 1204 Ansel Road is listed at $274,900 ($103/sqft). The estimated monthly payment is $1,191 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.09 acre lot, 3 stories.
This property is listed by Iris Wheeler and can be reached at 2165368597 or irisewheeler@gmail.com.








