$225,000

10222 Parkgate Avenue, Cleveland, OH 44108

  • 4 beds |
  • 3 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon4,400sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. Upper unit is leased through CMHA Section 8 at $1,326/month. Lower unit is renovated, vacant, and rent-ready with projected rent of approximately $1,200/month, producing estimated gross income of ~$2,526/month (~$30K/year) once stabilized. Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking. Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area. Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services — supporting strong tenant demand and consistent occupancy. Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 1:17PM
Listing Office:
WR Western Reserve Real Estate : 440-247-3707
Listing Agent:
John Currid : 216-421-6352
MLS ID:
5195105
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air
  • Parking: Driveway
  • Roofing: AsphaltFiberglass
  • General: Vinyl Siding3
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 377 SUP PK 0428 ALL109-09-008
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of John Currid , WR Western Reserve Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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