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1222 E 172nd St, Cleveland, OH, 44119

4beds
2baths
1,536sqft
$179,000
$117price/sqft
$1,558/moest. monthly cost
$62,320/yrincome needed

About This Home

Turnkey cash-flowing duplex in Cleveland fully renovated in 2023 and ready for immediate returns. This well-maintained two-family property features one occupied unit and one unit with a tenant secured starting May 1st, minimizing vacancy risk and ensuring consistent income. The upstairs unit will rent for $1,150/month with a 3-year lease in place, while the downstairs unit is an Eden-supported tenant generating $1,170/month ($958 Eden + $212 tenant portion) with a 3-year lease, bringing total monthly income to $2,320 ($27,840 annually). The property has been updated with new furnaces and hot water tanks, offering low maintenance and reduced capital expenditures. Additional highlights include a dry basement, solid overall condition, and all appliances owned by the seller and included in the sale. This is an easy, turnkey investment ideal for investors seeking stable, long-term cash flow with minimal upfront work. Property is being sold as-is as part of a package with 3568 West 67th Street, Cleveland, OH 44102, creating an opportunity to acquire multiple performing assets with strong income already in place. Will be sold as a package with a cash flowing tri-plex at 3568 W 67th St Cleveland Ohio 44102.

Getting Around

44
WalkingCar-Dependent
40
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

3/10
Ginn AcademyGrades K,5,8-120.8 mi
5/10
Memorial SchoolGrades PK-80.9 mi

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,536

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,536
  • Total interior livable area: 1,536 sqft

Property

Details

  • Parcel number: 11323013
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,598 sqft

Parking

  • Total spaces: 2
  • Parking features: Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2