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About This Home

This 4-bedroom, 2-bathroom residential multi family at 16523 Kipling Avenue in Cleveland, OH is listed for $89,000 ($58 per sqft). Built in 1920, the home offers 1,536 sqft of living space on a 0.09 acres lot.

Agent Description

Cash-Flowing Duplex | Fully Rented | Priced to Sell Multi family investment opportunity at an excellent entry price. This fully rented duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom. With gross rents of $1,490/month, this property is already cash flowing from day one.

Both units are well laid out with generous room sizes, making them attractive and easy to keep rented. The property is 100% occupied, providing immediate income with no lease-up period required. Offered at just $89,000, this is a rare chance to secure a low-cost, income-producing asset in Cleveland-ideal for local or out-of-state investors looking to expand their portfolio with minimal upfront capital.

Highlights: Fully rented duplex 2 beds / 1 bath per unit Spacious layouts tenants appreciate Low purchase price = strong ROI potential Ideal for buy-and-hold investors Affordable and easy to manage-this is the kind of deal investors are always looking for. Do not miss this opportunity. Seller prefers to sell as a package with 1377 E 66th St, Cleveland, OH 44103

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 3 stories

Property Details

3 stories
2 full
1920

Monthly Cost Estimate

$476/mo

20% down · 6.5% · 30 years

Principal$64
Interest$386
Insurance$26

Estimates only. Actual payments may vary.

Location

16523 Kipling Avenue

Cleveland, OH 44110

London Road

Property Details

Construction

WoodSiding

Parking

Driveway

Heating

Natural GasForced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 16523 Kipling Avenue is listed at $89,000 ($58/sqft). The estimated monthly payment is $386 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.09 acre lot, 3 stories.

This property is listed by Mark A Colucci and can be reached at 4405905219 or markcolucci@kw.com.

MC

Mark A Colucci

Agent at Keller Williams Citywide

(440) 590-5219

Listed by Keller Williams Citywide · View on Broker Site

MLS# 5182890· Source: listhub· Updated 139 days ago

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16523 Kipling Avenue, Cleveland, OH 44110

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