Skip to content
Welcome! Are you part of the community? Sign up now.
x
For sale 23 days ago

$164,900

rooms 2 ba 2300 sqft

7124 Clark, Cleveland, OH 44102

Multiple Occupied

Current Rent **

$1,900

Projected Rent **

$3,100

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Cash Flowing Multi Family For Sale

Cash-flowing duplex on Cleveland's west side. Convenient location minutes from Ohio City, Gordon Square, I-90, and more. The down unit offers 3 beds 1 bath, spacious living area, and is well maintained by a long-term tenant at $750 lease expires in July (very under market rent). The upstairs unit offers an impressive 4 beds 1 bath and was renovated in 2020. It is leased month to month at $1,150. With gross rent of $1,900 a month, this beats the 1% rule! Roof, siding, glass block windows, hot water tanks, furnaces, electrical panels & wiring have all been updated in the last ~15 years or less. Convenient off-street parking spaces are behind the home. Great opportunity to buy and cash flow right away!

Location:

7124 Clark, Cleveland, OH 44102

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.