6723 Clement Avenue, Cleveland, OH 44105

$166,500
6
BD
2
BA
2,396
SqFt

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Sold Price
$166,500
List Price
$180,000
Status
CLOSED
Days on Market
77
Closing Date
Jun 03, 2026
MLS#
5194031
Subtype
Residential Income
Year Built
1910
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,396
Acres
0.09
Subdivision
Morison & Andrews Allotment
Neighborhood
Morison & Andrews Allotment
MLS Area Major
Cleveland

Property Description

Turnkey investment opportunity with immediate cash flow and serious upside potential! This fully rehabbed multi-family property features two spacious units, each offering 3 bedrooms and 1 full bathrooms—an extremely rare and desirable layout for both tenants and owner-occupants. The lower unit is currently rented at $979/month, while the upper unit—rented at $1,150/month giving the next owner flexibility to Based on current CMHA fair market rent, 3-bedroom units are projected at up to $1,720/month, leaving significant room to increase income and boost overall returns. Whether you're an investor looking to expand your portfolio or a buyer interested in house hacking, this property offers the perfect setup—live in one unit while the other helps cover your mortgage. The property has been completely rehabbed with newer mechanics, plumbing, and electrical, providing peace of mind and minimizing immediate capital expenses. Don’t miss this opportunity to secure a cash-flowing asset with built-in equity and rental upside!

Additional Information

Taxes
$1,534
Heating
Forced Air
Air Conditioning
None
Levels
Three Or More
Roof
Asphalt
Parking Features
Driveway
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan

Selling Office: RE/MAX Above & Beyond.

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