$249,900

3359 E 65th Street, Cleveland, OH 44127

7 beds |
2 baths |
3,008 sqft

Duplex
Built in 1890
5,001sqft lot
1 car garage
$83/sqft
Listed 2 days ago

Property Description

Investor’s Opportunity at 3359 E 65th St, Cleveland!!! Fully updated and income producing, this duplex offers strong returns and immediate rental stability. The front unit features 5 bedrooms and 1 bathroom, currently bringing in $1,716/month, while the rear 2-bedroom, 1 bath unit collects $1,085/month. With a projected NOI around $21,800 and an estimated 8.7% cap rate, the numbers on this property work. Both units have refreshed interiors with updated kitchens, modern flooring, and clean, neutral finishes throughout. Major improvements were completed within the last year, including updated electrical and plumbing, new vinyl windows, new water tank, and new furnace, giving buyers peace of mind for years to come. Utilities are already separated, with tenants paying their own gas and electric. The property is CMHA compliant, fully inspected and approved. The front tenant is currently in the process of moving, giving new ownership flexibility, whether you want to re-lease at market rates or live in one unit and let the other cover the mortgage. Located near highways, transit, schools, and local amenities, this duplex sits in a strong rental area with steady demand. Clean, updated, and easy to manage, it’s a solid addition to any portfolio. Schedule your private tour today.

Listing Status:: Active
Listing Office:: Keller Williams Citywide : 440-892-2211
Listing Agent:: Joel Rodriguez Velez : 216-313-1578
MLS ID:: 5174041

Laundry: In Basement
Basement: Unfinished
A/C: None
Heating: Forced Air

Parking: DrivewayDetachedGarage

Roofing: Shingle
General: Vinyl SidingThree Or More

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 322 GALLUP 0406 ALL125-30-015

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Joel Rodriguez Velez, Keller Williams Citywide

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.36 miles away

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.36 miles away

East Tech High School

2439 E 55th St, Cleveland, OH, 44104

Grades 9-12

1.79 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.