Company Logo
SIGN UP LOGIN
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo
8415 Detroit Avenue, Cleveland, OH 44102 Photo

45 Total Photos [Click to View All]

8415 Detroit Avenue Cleveland, OH 44102
$249,900
Active / MLS# 5228504 / Multi Unit - Multiple / Cleveland
8 Beds
4 Baths
2219 SqFt

Rare Detroit Shoreway value-add opportunity with immediate income and substantial upside. Public records identify the property as a duplex, while three units are currently registered with the City, fully occupied, and generating strong cash flow. The second- and third-floor units were renovated within the past three years, leaving a clear path to increased returns through remodeling the first-floor unit and separately metering gas and electric. The basement was previously occupied as a fourth unit but requires proper egress. Ownership obtained pricing below $5,000 for an egress window, creating the potential to complete this and pursue registration of an additional unit, subject to City approval. Projections show an 11.41% cash return after planned improvements. Ideally located near Gordon Square, Edgewater, Lakewood, dining, entertainment, and major commuter routes. Ownership is simply reallocating capital and passing on the potential as an exceptional opportunity for the next investor to capture the upside.

Read More » Read Less »

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,065.30 per month $555.33 Principal & Interest $437.08 Property Tax $72.89 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Partially Finished
Cooling: None
Garage: 2
Heating: Dual System, Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $5,245 / year
Year Built: 1910

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 4
Exterior: Vinyl Siding
Fencing: Chain Link
Laundry: Common Area
Parcel#: 002-20-012
Parking: Driveway, Detached, Garage, Unpaved
Sewer: Public Sewer
Water: Public

Schools

School District: Cleveland Municipal - 1809

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: Sethtask@taskteamcle.com

Login to My Homefinder

Get Pre-Approved!

Get Pre-Approved

Pixel