$189,000

16684 Libby Road, Maple Heights, OH 44137

  • 4 beds |
  • 2 baths |
  • 2,030 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.76acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Attention investors and house hackers! Welcome to 16684 Libby Rd, a rock solid, brick front duplex in Maple Heights designed to deliver immediate, hassle free cash flow from day one. This property features a highly functional layout, a spacious paved driveway, and a large backyard perfect for tenant enjoyment. The lower unit is currently occupied by a reliable tenant generating $987 per month and is locked into a stable lease through January 2027. Meanwhile, the upstairs unit brings in $992 per month on a flexible month to month agreement, offering a savvy buyer the perfect setup to either keep cash flowing smoothly or move in and live practically for free while the downstairs pays the mortgage. What truly sets this multi-family asset apart is its exceptional alignment with smart leverage strategies. Generating a combined gross monthly income of $1,979, this property sits in a prime sweet spot for investors looking to utilize Debt Service Coverage Ratio (DSCR) financing. This strong revenue stream easily satisfies the classic 1% Rule (where monthly rent equals or exceeds 1% of the purchase price) making it incredibly easy for the property’s own income to qualify for the mortgage without relying on your personal debt to income history. Beyond the numbers, this duplex is packed with practical amenities that ensure long term tenant satisfaction and minimal overhead. The bright, classic kitchens offer ample cabinetry and functional layouts, and the property features a gorgeous, window lined sunroom that makes a perfect bonus space. Adding massive value to the bottom line, the shared basement conveys complete with a commercial grade, card payment washer and dryer system. This setup completely eliminates the headache of dealing with quarters while providing a steady, built in stream of secondary ancillary income. Don't miss out on adding this turnkey, income producing powerhouse to your portfolio!

Listing Status:
Pending
Data Last Updated:
July 5, 2026 at 3:18AM
Listing Office:
RE/MAX Above & Beyond : 440-835-7200
Listing Agent:
Armando Galvez : 440-668-6746
MLS ID:
5216583
  • Appliances: DryerRangeRefrigeratorWasher
  • Basement: Common BasementUnfinished
  • A/C: None
  • Heating: Forced AirGas
  • Disability Feature: None
  • Parking: DetachedGaragePaved
  • Roofing: AsphaltFiberglass
  • General: Brick2
  • Originating MLS: NOWDD_NORM
  • School District: Maple Heights CSD - 1818
  • County: Cuyahoga
  • Zoning: 781-23-036
  • View: Trees/WoodsView
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Armando Galvez , RE/MAX Above & Beyond

Monthly Payment

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

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Location

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