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About This Home

This 3-bedroom, 2-bathroom residential multi family at 3008 Roanoke Avenue in Cleveland, OH is listed for $100,000 ($87 per sqft). Built in 1900, the home offers 1,156 sqft of living space on a 0.08 acres lot.

Agent Description

No wholesalers. No Seller financing. No low ball offers. This value-add duplex presents an excellent BRRRR opportunity for investors looking to build equity and generate strong cash flow! Each unit features 2 bedrooms and 1 bathroom, offering spacious living areas, functional kitchens, and practical layouts that appeal to long-term tenants.

The property also includes a full basement, providing additional storage space and potential for further value-add improvements. The property has new plumbing throughout. Currently fully vacant, this property is ready for renovation and lease-up, making it an ideal candidate for investors seeking to implement their own finishes and maximize rental income.

With market rents estimated at $1,000 per unit, the income potential supports a solid return once stabilized. Positioned in Cleveland's desirable Old Brooklyn area, the property benefits from proximity to the Cleveland Metroparks Zoo, Harmody Park, and Brighton Park-offering strong lifestyle appeal for tenants.

Convenient access to major highways, public transportation, local shops, restaurants, schools, and everyday amenities further enhances rental demand in this location. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication.

Plus rehab and construction services available for remote investors! This is a prime opportunity to acquire a blank-slate duplex in a high-demand rental pocket-perfect for investors ready to execute a renovation strategy and unlock its full potential!

Key Features

  • Built in 1900
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
2 full
1900

Monthly Cost Estimate

$535/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

3008 Roanoke Avenue

Cleveland, OH 44109

Fw Sears Sub

Property Details

Construction

Frame

Parking

DrivewayGarage

Heating

Forced Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 3008 Roanoke Avenue is listed at $100,000 ($87/sqft). The estimated monthly payment is $433 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.08 acre lot, 2 stories.

This property is listed by Michael Azzam and can be reached at 2164467606 or mike@theazzamgroup.com.

MA

Michael Azzam

Agent at RE/MAX Haven Realty

(216) 446-7606

Listed by RE/MAX Haven Realty · View on Broker Site

MLS# 5205923· Source: listhub· Updated 32 days ago

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3008 Roanoke Avenue, Cleveland, OH 44109

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