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9616 Lamontier Ave, Cleveland, OH, 44104

4beds
2baths
2,641sqft
$115,000
$44price/sqft
$1,322/moest. monthly cost
$52,880/yrincome needed

About This Home

* No seller financing* This recently renovated duplex offers strong in-place income with immediate upside. This property has been updated with new furnaces, new roof, new windows, updated flooring, fresh paint, modern kitchens, and renovated bathrooms. The home is also Lead Certified! The lower two-bedroom unit is occupied by a EDAN tenant whose has been there 3 years at $800/month, currently month to month lease. The upper two-bedroom unit is vacant and rent-ready. Market rent supports at least $950/month, with higher potential through Section 8 placement. Comps support a full ARV up for $165,000. Conveniently located near University Circle, offering easy access to shops, restaurants, colleges, museums, and major employers, including close proximity to the Cleveland Clinic—making this an attractive option for traveling nurses, healthcare professionals, and college students. A true turnkey duplex with stable income today and clear opportunity to increase cash flow with minimal effort.

Getting Around

52
WalkingSomewhat Walkable
51
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

3/10
3/10
Anton Grdina SchoolGrades PK-81.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

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

Features

  • Window features: Double Pane Windows
  • Finished area below ground: 876
  • Finished area above ground: 1,765

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,641
  • Total interior livable area: 2,641 sqft

Property

Details

  • Parcel number: 12812046

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,248 sqft
  • Features: Back Yard

Parking

  • Parking features: Driveway