1238 E 145th Street, East Cleveland, OH 44112
- 4 beds |
- 2 baths |
- 1,992 sqft
Duplex
Built in 1916
3,886sqft lot
—— car garage
$20/sqft
Listed 1 month ago
Property Description
Major value-add duplex opportunity in East Cleveland featuring two 2-bedroom, 1-bath units, each offering a traditional layout with living room, dining room, and kitchen. The property has sustained significant water damage due to burst pipes and requires a full renovation. This is a substantial project suited for experienced investors prepared to complete a comprehensive rehab. Once restored, renovated duplexes in the area are supporting values of $150,000 or more. Estimated renovation costs are approximately $80,000, presenting an opportunity to create equity through improvements. For investors evaluating long-term rental strategy, current CMHA payment standards for two-bedroom units in the 44112 zip code are approximately $1,050 per unit per month. Upon full rehabilitation and approval for occupancy, the property has the potential to generate gross annual rental income exceeding $25,000 based on two units. The property is being sold as-is. Due to the condition of the home, liability waivers will be required prior to entry. Cash or renovation financing only. Seller will not permit assignment of the contract. Serious, qualified investors encouraged to inquire.
- Listing Status:
- Pending
- Data Last Updated:
- April 4, 2026 at 8:19PM
- Listing Office:
- Keller Williams Citywide : 440-892-2211
- Listing Agent:
- Megan Gordon : 216-392-8075
- MLS ID:
- 5190350

- Basement: Common Basement
- A/C: None
- Heating: Forced Air
- Parking: Other
- Roofing: Asbestos Shingle
- General: Wood Siding2Block
- Originating MLS: NOWDD_NORM
- School District: East Cleveland CSD - 1812
- County: Cuyahoga
- Zoning: 3 WOODWORTH RD 0076 ALL671-16-057
- Water: Public
- Sewer: Public Sewer
- Source: NOWDD_NORM
This listing courtesy of Megan Gordon , Keller Williams Citywide
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Mayfair Elementary School
13916 Mayfair Ave, Cleveland, OH, 44112
Grades 3-5
0.78 miles away
W.H. Kirk Middle School
14410 Terrace Rd, Cleveland, OH, 44112
Grades 6-8
1.11 miles away
Shaw High School
15320 Euclid Ave, Cleveland, OH, 44112
Grades 9-12
0.64 miles away



