11421 Headley Avenue, Cleveland, OH 44111
- $175,000
- 4
- BD
- 2
- BA
- 2,266
- SqFt
- Sold Price
- $175,000
- List Price
- $179,900
- Status
- CLOSED
- Days on Market
- 76
- Closing Date
- Apr 29, 2026
- MLS#
- 5185689
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,266
- Acres
- 0.12
- Subdivision
- Dunham Heights Resub
- Neighborhood
- Dunham Heights Resub
- MLS Area Major
- Cleveland
Property Description
Turnkey duplex opportunity for investors seeking immediate cash flow with future upside. This vinyl-sided property features two occupied units with solid, long-term tenants currently paying $929 and $795 per month, generating $1,724 in gross monthly income. Priced at $179,900, this asset sits right in line with neighborhood sales, offering a stable entry point with room to increase rents over time. Both units are well maintained, and the property has proven rental performance. Opportunity exists to improve returns through strategic unit refreshes and rent adjustments as leases turn. Strong rental demand area with consistent tenant occupancy. Whether you’re building your portfolio or completing a 1031 exchange, this is a reliable income-producing property with long-term appreciation and value-add potential. Do NOT disturb tenants or approach property. Reliable local property management in place for a seamless transition to your portfolio.
Additional Information
- Taxes
- $3,857
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- No Garage, Paved
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Michael L Magno, michael@themagnogroup.com With Keller Williams Living
Selling Office: Keller Williams Greater Metropolitan.Mortgage Calculator
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