W B Newcombs Allotment Homes for Sale - Cleveland, Ohio

Excellent investment opportunity located just minutes from Cleveland Clinic's Main Campus. This duplex, featuring vinyl siding on the exterior, has been updated and offers strong rental potential. The downstairs unit is a two-bedroom, one-bathroom apartment currently tenant-occupied with a lease in place through April 2026, generating $995 per month in reliable rental income. The upstairs unit is a spacious five-bedroom, two-bathroom apartment that has been completely renovated and is move-in ready. In the 44106 zip code, Section 8 allows for a rental rate of up to a maximum of $2,608 per month for a five-bedroom unit. With the existing downstairs tenant and the potential of the upstairs unit, the property could generate up to $3,600 in rental income each month. The property features a brand-new roof with complete tear-off and new decking (June 2025). With its close proximity to the Clinic, the home also presents an excellent opportunity to be rented to travel nurses, offering another lucrative income stream. Conveniently situated within a five-minute drive or 15-minute walk to the Cleveland Clinic Main Campus, the location also provides easy access to University Circle, Case Western Reserve University, and area cultural institutions. Don't miss out, schedule a showing with your favorite realtor today!

2227 E 85th Street, Cleveland

Listing Courtesy of: Victoria Wallis, victoriawallis@remax.net With RE/MAX Crossroads Properties

Selling Office: Keller Williams Living.

$170,000

6 Beds ⋅ 3 Baths ⋅ 5031675 MLS

Renovated duplex on the doorstep of the world renowned Cleveland Clinic! This hands free, cash-flowing investment is 100% occupied meaning a new owner will be seeing immediate returns. The downstairs unit has 2 beds and 1 bath and is currently renting for $900/month on a lease that expires 4/30/25. The upstairs unit, with 4 beds and 2 baths, is currently rented under market for $1,050/month on a month to month basis. The property is also Lead Safe Certified - one less thing to worry about for a prospective new owner! Tenants are responsible for individual gas and electric bills, while water/sewer is covered by the owner. The owner also takes care of grass cutting, but snow removal is the tenant's responsibility. Perfect mid-term rental opportunity for traveling nurses, doctors, students due to proximity of the Cleveland Clinic Main Campus! Auditor's website states 5 total bedrooms and 2 bathrooms but the owner states that there are 6 total bedrooms and 3 bathrooms.

2227 E 85th Street, Cleveland

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Keller Williams Living.

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W B Newcombs Allotment Homes for Sale - Cleveland, Ohio

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