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12010 Derby Ave

Garfield Heights OH 44125

3
2
2
0.11 ac.
Duplex
Currently for sale - view listing

Overview

Great opportunity for an investor looking for immediate cash flow in Garfield Heights! This two-unit property features a spacious lower unit with 2 bedrooms currently leased at $1,050/month and an upper unit with 1 bedroom leased at $875/month, both on annual leases, generating combined gross rental income of $1,925/month ($23,100/year), with low utility costs — water billed at $15/month and sewer at $32/month through the City of Cleveland. With both units occupied by paying tenants, this property offers steady, hands-off income from day one, making it an excellent addition to any rental portfolio or a solid entry point for investors looking to expand in the Cleveland southeast suburbs. Don't miss this fully-leased, cash-flowing duplex — schedule your showing today!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0.11 ac. lot size
Duplex

Property history for 12010 Derby Ave

2017
Sold
$51,000
27 Dec 2017

Happy sellers in Garfield Heights

96%
96% of sellers in Garfield Heights reported that their sale price either exceeded or met their price expectations.

Garfield Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Garfield Heights over the last 12 months.

Local market activity for 3 bedroom duplexes in Garfield Heights

In the last 12 months, 2 three-bedroom duplexes similar to 12010 Derby Ave, have been sold.

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