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Back 8204 Vineyard Ave
Off Market

8204 Vineyard Ave

Cleveland OH 44105

5
2
2
2113 sq. ft.
0.13 ac.
Duplex
Last sold for $176,500
Scott MarvinScott Marvin, last sold this property on 01 August 2025 after 35 days on market.

Overview

ATTENTION INVESTORS: HUGE-CASHFLOW TURNKEY DUPLEX — ALMOST $2,700/MO, 100% SECTION 8 SPLIT! Check out the DSCR ratio and cap rate! Excellent returns! Fully stabilized, rehabbed duplex bringing in $2,693/mo through CMHA Section 8 — $1,185 (lower) and $1,508 (upper). Both units are fully occupied with quiet, cooperative tenants and 100% of rent paid by CMHA on each — no tenant portion due. Cashflow from day one, no placement risk, no payment delays. Located in Cleveland but pulling Garfield Height-level rents, this property combines high returns with low Cleveland property taxes and no Point-of-Sale (POS) compliance, a rare setup that directly improves margins. MASSIVE CAPEX already completed: Brand new roof, new electrical panel and upgraded disconnect (permitted and city approved), new separate electric meters (expensive to install, but huge value in duplexes), new high-efficiency dual pane vinyl windows, new bathrooms, fresh paint, and sewer lines hydro-jetted clean. LEASE BASED PAINT TESTING HAS BEEN COMPLETED AND PASSED! There’s also potential value-add in the basement with space for an additional bedroom, offering even more rent upside. This is a true plug-and-play asset. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel! Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2113 sq. ft. floor area
0.13 ac. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Cleveland over the last 12 months, the estimated median property value of 8204 Vineyard Ave is $126.5k.

Median value
$126.5k
Estimated value range
$40k - $180k
Median days on market
27
Estimated value trend
58%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8204 Vineyard Ave

2025
Sold
$176,500
01 Aug 2025 by Scott Marvin, of Team Results Realty
2024
Sold
$97,500
04 Mar 2024 by Joshua Hoagland, of HomeSmart Real Estate Momentum LLC
2022
Sold
$108,000
05 Jan 2022 by Michael Giampietro, of Century 21 HomeStar

Happy sellers in Cleveland

~%

We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 5 bedroom duplexes in Cleveland

In the last 12 months, 29 five-bedroom duplexes similar to 8204 Vineyard Ave, have been sold.

This represents a 76% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cleveland

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Roger Peters

Roger Peters is a recommended agent for Cleveland.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Cleveland
  •  3 Sales in Cleveland
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Rich Ganim

Sellers who recommend Rich Ganim have praised them for being local expert, attentive, clear communication, well-prepared, great negotiation, reliable, and dedicated

  •   5   (40 reviews)
  •  1 Review in Cleveland
  •  3 Sales in Cleveland
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Sharon Padgett

Sharon Padgett is a recommended agent for Cleveland.  They have collected 1 local review across the last 12 months.

  •   4.8   (6 reviews)
  •  1 Review in Cleveland
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Ryan Sackman

Ryan Sackman is a recommended agent for Cleveland.  They have 15 local sales across the last 12 months.

  •  15 Sales in Cleveland
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