11717 Gay Avenue, Cleveland, OH 44105

$170,000
8
BD
2
BA
2,754
SqFt

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Sold Price
$170,000
List Price
$172,000
Status
CLOSED
Days on Market
36
Closing Date
Jul 27, 2026
MLS#
5220454
Subtype
Residential Income
Year Built
1930
Bedrooms
8
Bathrooms
2
Full Baths
2
Living Area
2,754
Acres
0.12
Subdivision
Union Rice 02
Neighborhood
Union Rice 02
MLS Area Major
Cleveland

Property Description

11717 Gay Ave — Turnkey Duplex | Cash Flow Opportunity in 44105 Investors, take note: this massive duplex is built to perform. Each unit boasts 4 bedrooms, 1 bath, and over 1,300 square feet of comfortable living space — making it a rare find for cash flow in this market. Here's where the numbers shine. CMHA pays as high as $1,661 for 4-bedroom units in the 44105 zip code, giving this property the potential to generate $3,322 per month in rental income. That kind of return doesn't just meet the 1% rule — it shatters it. Both units have been recently renovated throughout and are completely rent-ready, so you can start collecting from day one. The property also offers onsite parking with a private driveway, adding convenience for tenants. Newer furnaces and hot water tanks provide added peace of mind and help reduce major mechanical concerns for the next owner. Seller is also offering a closing credit toward future roof replacement, adding flexibility and value for the buyer. With large unit layouts, strong rent potential, and recent updates, this duplex is a compelling opportunity for investors looking to add cash flow to their portfolio. Properties like this don't come around often — and they don't stay on the market long. Reach out to your favorite realtor today before this cash cow is gone!

Additional Information

Taxes
$2,458
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway, Paved
School District
Cleveland Municipal - 1809

Listing Courtesy of: Keyano Burgess, keyano.realtor@keysoldit.com With Lokal Real Estate, LLC.

Selling Office: RE/MAX Infinity.

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