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3909 Memphis Avenue, Cleveland, OH 44109

$289,000
  • 3909 Memphis Avenue, Cleveland, OH 44109 Main Photo
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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET2,354 MLS#5211601
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHenritze SCHOOLCleveland Municipal - 1809

Property Description

Turnkey FURNISHED duplex in Old Brooklyn, fully leased and ready for immediate cash flow. Inspection report available under supplements. The lower unit is leased at $1,600 per month with utilities included. The upper unit is in the process of securing with an Eden tenant at $1,700 per month with an expected move in end of June or sooner. Bring potential income to $3,000, utilities are included in the rent. Fully furnished and located minutes from MetroHealth Main Campus, this property previously operated as a successful Airbnb and offers strong potential for short term or midterm rental income. Extensive renovations include new flooring, windows, kitchens, bathrooms, drywall, insulation, trim, doors, and appliances. Features include central air, secure entry with automated locks, private supply closets, and a security system with video doorbell and remote access. The upper unit offers a flexible layout with a bonus space that could be enclosed for additional value. A concrete pad is in place for a future garage. All furnishings included at the current offer price. Prime location near the Cleveland Metroparks Zoo, Brookside Reservation, and downtown Cleveland.

3909 Memphis Avenue | MLS# 5211601

This multi-family property located at 3909 Memphis Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $289,000. Memphis Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,272 / year
Year Built: 1925

Feature Descriptions

Days on Site: 5
Exterior: Aluminum Siding
Laundry: In Basement
Parcel#: 014-14-014
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Transitions
Agency Contact: kitsoldit@gmail.com, 330-221-6578

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,890.21 per month $1,616.58 Principal & Interest $189.33 Property Tax $84.29 Homeowner's Insurance

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