OH > Cleveland > W B Newcombs Allotment
Cleveland, OH 44106,2227 E 85th ST
Cleveland, OH 44106,2227 E 85th ST
Cleveland, OH 44106,2227 E 85th ST
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$199,999
Est. payment /mo
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7 Beds
3 Baths
1,792 SqFt
New

2227 E 85th ST Cleveland, OH 44106

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Laney Ross

Laney Ross

+1(740) 310-2590

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $111

Subdivision W B Newcombs Allotment

MLS Listing ID 5154077

Bedrooms 7

Full Baths 2

Half Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,792

Year Built 1910

Annual Tax Amount $1,732

Tax Year 2024

Lot Size 3,720 Sqft

Acres 0.0854

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Excellent investment opportunity located just minutes from Cleveland Clinic's Main Campus. This duplex, featuring vinyl siding on the exterior, has been updated and offers strong rental potential. The downstairs unit is a two-bedroom, one-bathroom apartment currently tenant-occupied with a lease in place through April 2026, generating $995 per month in reliable rental income. The upstairs unit is a spacious five-bedroom, two-bathroom apartment that has been completely renovated and is move-in ready. In the 44106 zip code, Section 8 allows for a rental rate of up to a maximum of $2,608 per month for a five-bedroom unit. With the existing downstairs tenant and the potential of the upstairs unit, the property could generate up to $3,600 in rental income each month. The property features a brand-new roof with complete tear-off and new decking (June 2025). With its close proximity to the Clinic, the home also presents an excellent opportunity to be rented to travel nurses, offering another lucrative income stream. Conveniently situated within a five-minute drive or 15-minute walk to the Cleveland Clinic Main Campus, the location also provides easy access to University Circle, Case Western Reserve University, and area cultural institutions. Don't miss out, schedule a showing with your favorite realtor today!

Location

State OH

County Cuyahoga

Community Medical Service, Restaurant

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features On Site, Paved

Community Features Medical Service, Restaurant

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 119-29-053

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Victoria Wallis • RE/MAX Crossroads Properties • victoriawallis@remax.net, 330-819-8216

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Laney Ross

Laney Ross

Broker Associate | License ID: WV0022606

+1(740) 310-2590

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