Rare opportunity to acquire a turnkey duplex in the heart of Cleveland's highly sought-after 44106 neighborhood, one of the strongest rental markets in Northeast Ohio. Previously operated as a successful midterm rental, this property offers incredible flexibility for the next owner. The home features a 2-bedroom, 1-bath unit and a spacious 4-bedroom, 1-bath unit, making it ideal for midterm rentals, traditional tenants, traveling professionals, students, or owner-occupants. Long term rents can achieve up to $1638, and $2113 on S8 with these bedroom counts! Even better, the property can be sold fully furnished for a true plug-and-play investment or delivered vacant without furnishings based on the buyer's preference.
Investors will appreciate the numerous capital improvements already completed, including newer mechanical systems, vinyl windows, and low-maintenance vinyl siding. The property is currently vacant and ready for immediate occupancy, allowing a new owner to set market rents, relaunch a midterm rental operation, or explore multiple investment strategies without waiting for leases to expire. With its versatile unit mix and strong location, this asset offers multiple paths to maximizing returns.
Location is what truly sets this property apart. Situated just minutes from Cleveland Clinic, University Hospitals, Case Western Reserve University, University Circle, Little Italy, and Uptown, you'll be surrounded by some of the city's largest employment centers, destination restaurants, entertainment, and ongoing development. The 44106 market continues to see significant investment, new construction, and appreciation as demand remains strong from healthcare professionals, students, and local residents alike. Whether you're looking for a cash-flowing rental, a furnished midterm rental portfolio addition, or a property with long-term appreciation potential, this is an opportunity in one of Cleveland's most desirable investment corridors.
