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3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo
3568 E 118th Street, Cleveland, OH 44105 Photo

25 Total Photos [Click to View All]

3568 E 118th Street Cleveland, OH 44105
$72,300
Active / MLS# 5187749 / Multi Unit - Multiple / Cleveland
4 Beds
2 Baths
2200 SqFt

Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $1218K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150$1,250/month, offering an estimated cash flow of $300$400/month/ unit and a 1520% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

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Mortgage Calculator

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

Estimated Payment

$ 318.09 per month $160.67 Principal & Interest $136.33 Property Tax $21.09 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Ceiling Fan(s)
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.11 Acres
Roof Type: Slate
Stories: 3.0
Taxes: $1,636 / year
Year Built: 1920

Amenities

Built-in Features
Ceiling Fan(s)
Eat-in Kitchen
Balcony

Feature Descriptions

Accessibility: None
Appliances: Range, Refrigerator
Community Features: Curbs, Laundry Facilities, Medical Service, Playground, Park, Shopping, Street Lights, Sidewalks
Days on Site: 43
Exterior: Frame
Fencing: None
Laundry: Washer Hookup, In Basement
Lot: City Lot, Flat, Level
Parcel#: 137-01-061
Parking: Detached, Garage Faces Front, Garage, Off Street
Patio/Porch: Balcony
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 Stouffer Realty
Agency Contact: dreid@stoufferrealty.com, 216-387-0757

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