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$499,900
New Listing

1471 E 118th Street
Cleveland, OH 44106

For Sale|Duplex|Active
10
Beds
4
Total Baths
4
Full Baths
1910
Built
Subdivision:
College Park 02/T A Mccaslin
County:
Cuyahoga
Call Now: (440) 496-7300
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(440) 496-7300
1471 E 118th Street1471 E 118th Street1471 E 118th Street1471 E 118th Street
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Monthly Payment (Est.)

$2,281
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FULLY occupied 10-bedroom duplex in the heart of the thriving University Circle area!! This high-performing duplex is currently generating approximately $65K annually in Gross Income. With relatively low maintenance and monthly expenses, this property provides over $55K in NET INCOME (details available upon request). With strong cash flow and a location that is walking distance to CWRU and just a few minutes to both the VA and University Hospitals in an area that is only GROWING in demand, this remodeled duplex is the perfect addition to anyone's portfolio. The FURNISHED Right-side is currently fully leased by the room to students through August 15, 2026 (house is only a few houses away from a CWRU Safe Ride stop). All five bedrooms are rented individually, generating $3,130 per month, with tenants paying ALL utilities, including water and sewer. The Left-side features the same spacious 5-bedroom, 2-bath layout and is occupied by a great, long-term CMHA-assisted family that has been in place for 8 years. The Left-side unit currently generates $2,269 per month ($2188 from CMHA + $81 from tenant). Tenant pays all utilities except water and sewer. There is also potential for a CMHA rent increase this November, adding even more upside to this already strong-performing asset. Other features: new roof (2024); new hot water tank in Left Side (2025); Right Side gutted and remodeled (2024); Left Side remodeled (2017). This is a standout opportunity for investors seeking IMMEDIATE cash flow, strong rental history, and long-term appreciation potential in one of Cleveland’s hottest rental areas. Property will transfer with a valid Lead Safe Certificate.

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Listing Snapshot
Price 
$499,900
Days On Site 
0 Days
Bedrooms 
10
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.0983 Acres
Year Built 
1910
MLS® Number 
5212544
Status 
Active
Property Tax 
$4,039
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.0983
Disclosures 
Principal Is Real Estate Licensed
Levels 
Three Or More
Number Of Stories 
3
Parking 
NoneOff Street
Property Condition 
Updated/Remodeled
Property Sub Type 
Duplex
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Appliances 
MicrowaveRangeRefrigerator
Basement 
FullUnfinished
Cooling 
Ceiling Fan(s)Window Unit(s)
Heating 
Forced Air
Laundry Features 
In Basement
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Roof 
Fiberglass
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Jullian Vaughn of Premier Heights Realty LLC



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Website Logo NEOHIOREALTY

EPIQUE REALTY

Tabatha Whewell | License ID: 2003018978

+1(216) 978-7933 Tab@NEOhioRealty.com eho

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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