10117 Hampden Avenue, Cleveland, OH 44108

$40,000
4
BD
2
BA
3,238
SqFt

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Sold Price
$40,000
List Price
$49,900
Status
CLOSED
Days on Market
37
Closing Date
Jun 11, 2025
MLS#
5120116
Subtype
Residential Income
Year Built
1911
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
3,238
Acres
0.10
MLS Area Major
Cleveland

Property Description

Attention All Investors! Here’s an exceptional opportunity to add a high-potential property to your portfolio—or make a smart, solid start to your real estate investment journey. This spacious 4-bedroom, 2-bath multi-unit home has already undergone significant updates, with approximately 90% of the work completed for you. Updates include quality furnace, newer plumbing and electrical systems, many new vinyl windows, updated gutters, fresh interior paint, and new flooring throughout. Two basement/foundation walls have been replaced, offering peace of mind for long-term structural integrity. The home also features durable lead free vinyl siding and updated windows that assist with lead compliance. Both units are vacant and near ready to rent, making this a turnkey investment with strong cash flow potential—ideal for Section 8 or open market-rate tenants. Each unit is light-filled, spacious, and designed to attract quality renters with minimal turnover. This property is also perfect for owner-occupants who want to live in one unit while renting out the other to offset their mortgage. A full basement offers additional storage, potential expansion space, and a nice backyard—bordering an alley—adds convenience and flexibility. This is one of the better cash-flowing opportunities available today. Easy to show, professionally managed if desired, and positioned in a rental-friendly area. separate gas and electric for each unit. No wholesalers, and owner financing is not being considered. Schedule your showing today and make this income-producing gem yours! The seller has completed many repairs that are on the city's violation list. But the buyer is to assume any unfinished work and complete it to the city's specifications

Additional Information

Taxes
$1,565
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Three Or More, Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Keller Williams Elevate.

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