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3401 Roanoke Avenue

Cleveland OH 44109

4
2
2
1405 sq. ft.
0.09 ac.
Duplex
Currently for sale - view listing

Overview

Fantastic opportunity for investors looking to expand their portfolio with a fully occupied, income-producing duplex in Cleveland’s desirable Old Brooklyn neighborhood! This property offers immediate rental income, established tenants, & long-term investment potential. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright & inviting living room, a functional kitchen, & an adjoining dining room, providing comfortable living spaces for tenants. Both units feature LVP flooring throughout the living rooms, dining rooms, kitchens, & bedrooms, offering a modern appearance & easy maintenance. The full basement provides additional storage & potential for future value-add improvements, while the detached 2-car garage adds convenience & functionality. This duplex is fully occupied by established tenants who have resided in the property since 2023, offering a stable rental history. The upper unit currently rents for $800/month, while the lower unit generates $950/month, bringing the combined rental income to $1,750/month. Both tenants are on month-to-month leases, providing flexibility for future rental adjustments & investment strategies. Additional highlights include lead clearance, a furnace installed in 2024, a second furnace from 2006, & a hot water tank from 2023. Conveniently situated in Cleveland’s Old Brooklyn neighborhood, the property offers easy access to MetroHealth Main Campus, Cleveland Metroparks Zoo, major roadways, public transportation, shopping, schools, parks, restaurants, & everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to strengthen an existing rental portfolio or secure an income-producing property with future upside potential, this fully occupied duplex presents an excellent opportunity! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1405 sq. ft. floor area
0.09 ac. lot size
Duplex

Property history for 3401 Roanoke Avenue

2022
Sold
$129,000
30 Dec 2022 by Jim Matheos, of Keller Williams Citywide
2021
Sold
$83,900
01 Sep 2021 by Stephen Gates, of Keller Williams Elevate

Happy sellers in Cleveland

<50%
Less than 50% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Cleveland over the last 12 months.

Local market activity for 4 bedroom duplexes in Cleveland

In the last 12 months, 75 four-bedroom duplexes similar to 3401 Roanoke Avenue, have been sold.

This represents a 3% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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