3601 Memphis Ave, Cleveland, OH, 44109
About This Home
Excellent investment opportunity in Cleveland's desirable Old Brooklyn neighborhood! This well maintained duplex offers two 1-bedroom, 1-bathroom units with approximately 704 sq. ft. each (1,408 sq. ft. total). Both units are currently occupied on month-to-month leases, providing immediate cash flow with flexibility for future rent adjustments or owner occupancy. Hot water tanks replaced in 2022, electrical panels updated 2021, new garage door 2022. Conveniently located near shopping, restaurants, parks, and major highways, this is an excellent addition to any investment portfolio.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt,Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Finished area above ground: 1,408
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Property
Details
- Parcel number: 01410042
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,159 sqft
Parking
- Total spaces: 2
- Parking features: Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $606 | $7,272 |
| Home Insurance * | $96 | $1,152 |
| Property Taxes | $188 | $2,256 |
| Electricity | $193 | $2,320 |
| Total | $1,083 | $12,996 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Pending sale | $119,900 |
| 2026-08-03 | Price change | $119,900 |
| 2026-07-23 | Listed for sale | $129,900 |
| 2020-08-12 | Sold | $54,000 |
| 2012-02-03 | Sold | $10,000 |
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