$150,000

1193 E 172nd Street, Cleveland, OH 44119

  • 5 beds |
  • 2 baths |
  • 1,520 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,798sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $99/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Welcome to this cash-flowing duplex near the heart of the Waterloo arts district. This property offers immediate income and serious upside with a Section 8 tenant inside the 2-bedroom unit paying $1269 monthly. The 2nd unit offers a spacious 3-bedroom unit with CMHA rent potential being $1,604, which would yield an extremely high ROI with the total potential rent being $2873. Solid bones, proven cashflow, and room to grow whether you hold long-term or add value through updates. Don't let this income-producing opportunity pass. Reach out today to schedule your private tour.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 7:19AM
Listing Office:
Lokal Real Estate, LLC. : 216-252-6580
Listing Agent:
Gabriel Newberry : 215-617-4713
MLS ID:
5186616
  • Basement: Full
  • A/C: None
  • Heating: Forced Air
  • Parking: DrivewayDetachedGarage
  • Roofing: AsphaltFiberglass
  • General: Wood SidingThree Or More
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 15 GLENSIDE S/L83ALL 0082 NP113-27-063
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Gabriel Newberry , Lokal Real Estate, LLC.

Monthly Payment

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

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Location

Schools Nearby

H

Hannah Gibbons STEM School

1401 Larchmont Rd, Cleveland, OH, 44110

Grades PK-8

0.57 miles away

H

Hannah Gibbons STEM School

1401 Larchmont Rd, Cleveland, OH, 44110

Grades PK-8

0.57 miles away

G

Ginn Academy

655 E 162nd St, Cleveland, OH, 44110

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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