2990 E 130th Street, Cleveland, OH 44120

Property Description

Welcome to 2090 E 130th St, Cleveland, OH 44120 – a fully rehabbed triplex offering strong returns in one of Cleveland’s emerging rental markets. This unique property includes a front duplex and a rear single-family home, all situated on one parcel, making it a true plug-and-play opportunity for investors. The property boasts 10 bedrooms, maximizing rental income potential across all three units. The front duplex features a first-floor unit with three bedrooms and one bathroom and an expansive second/third-floor unit with five bedrooms and two bathrooms, including a beautifully finished attic. The rear unit is a standalone single-family home with two bedrooms and one bathroom, fully updated and move-in ready. All units have been thoughtfully renovated from top to bottom, with updates to kitchens, bathrooms, flooring, mechanicals, and more—allowing new ownership to step into a cash-flowing asset. Based on Fair Market Rent and Section 8 estimates, the 5-bedroom unit can bring in approximately $2,166/month, the 3-bedroom unit at $1,764/month, and the 2-bedroom unit at $1,368/month—bringing the total potential income to $5,298 per month or $63,576 annually. Whether you're a seasoned investor or looking to expand your portfolio, this turnkey triplex provides immediate income and long-term value in a rapidly growing area of Cleveland.