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About This Home

This 5-bedroom, 3-bathroom residential multi family at 5678 Hamlet Avenue in Cleveland, OH is listed for $99,000 ($52 per sqft). Built in 1910, the home offers 1,888 sqft of living space on a 0.11 acres lot.

Agent Description

Fully occupied and cash-flowing duplex-an ideal opportunity for investors seeking immediate returns with upside potential! The property offers a solid layout with two units: the lower unit has been fully renovated and features 2 bedrooms & 1 baththroom, while the upper unit offers with attached tandem bedroom, 1 bathroom setup.

Each unit includes a spacious living room, a functional kitchen with adjoining dining space, creating practical and livable layouts that appeal to long-term tenants. The property is currently fully occupied, providing consistent rental income. The lower unit rents for $1,000 per month on a month-to-month lease, offering flexibility for future adjustments, while the upper unit rents for $800 per month with a lease beginning 05/01/2026.

Key mechanical updates include updated electrical panels, new furnace for upper unit (October 2025), two new hot water heaters (October 2023), replaced plumbing stack for upper unit (February 2026). The basement is accessible through the lower unit and provides additional storage space.

Attached storage space on rear presents a value-add opportunity that could be converted into additional living space for the down unit. The property also includes a small backyard, adding extra outdoor utility for tenants. Located near major roads, public transportation, schools, parks, shopping, and everyday amenities-supporting strong rental demand and tenant retention.

Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking for steady cash flow from day one or a property with light value-add potential, this duplex checks the boxes! No wholesalers. No Seller financing. No low ball offers.

Key Features

  • Built in 1910
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
1910

Monthly Cost Estimate

$529/mo

20% down · 6.5% · 30 years

Principal$72
Interest$429
Insurance$29

Estimates only. Actual payments may vary.

Location

5678 Hamlet Avenue

Cleveland, OH 44127

Canfield

Property Details

Construction

AluminumSiding VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 5678 Hamlet Avenue is listed at $99,000 ($52/sqft). The estimated monthly payment is $429 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.11 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# 5204374· Source: listhub· Updated 34 days ago

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5678 Hamlet Avenue, Cleveland, OH 44127

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