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12010 Derby Ave, Cleveland, OH, 44125

3beds
2baths
--sqft
$169,900
--price/sqft
$1,472/moest. monthly cost
$58,880/yrincome needed

About This Home

Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs — water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking to expand in the Cleveland southeast suburbs. Don't miss this fully-leased, cash-flowing duplex — schedule your showing today!

Getting Around

56
WalkingSomewhat Walkable
36
TransitSome Transit
50
BikeBikeable

Schools

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Property

Details

  • Parcel number: 54236054
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,800 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2