John Watson

1222 E 172nd Street, Cleveland, OH 44119

$169,997
  • 1222 E 172nd Street, Cleveland, OH 44119 Main Photo
Virtual Tour

23 Total Photos [Click to View All]

Pending
BEDS4 BATHS2 full SQUARE FEET1,536 MLS#5196692
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGlenside SCHOOLCleveland Municipal - 1809

Property Description

Turnkey cash-flowing duplex in Cleveland fully renovated in 2023 and ready for immediate returns. This well-maintained two-family property that is fully rented with long-term leases in place minimizing vacancy risk and ensuring consistent income. The upstairs unit is rented for 1,150/month with a 3-year lease in place, while the downstairs unit is an Eden-supported tenant generating 1,170/month (958 Eden + 212 tenant portion) with a 3-year lease, bringing total monthly income to 2,320 (27,840 annually). The property has been updated with new furnaces and hot water tanks, offering low maintenance and reduced capital expenditures. Additional highlights include a dry basement, solid overall condition, and all appliances owned by the seller and included in the sale. Offered at 209,000, this is an easy, turnkey investment ideal for investors seeking stable, long-term cash flow with minimal upfront work. Property is being sold as-is as part of a package with 3568 West 67th Street, Cleveland, OH 44102, creating an opportunity to acquire multiple performing assets with strong income already in place.

1222 E 172nd Street | MLS# 5196692

This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $169,997. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on jwatson.progressiveurban.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,169 / year
Year Built: 1924

Feature Descriptions

Days on Site: 112
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 113-23-013
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com

Shown By

Agent Name: John Watson
Agent Phone: (216) 619-9696
Agency Title: Progressive Urban Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 608.67 per month $378.34 Principal & Interest $180.75 Property Tax $49.58 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel