Turnkey Duplex with Income Potential!
This well-maintained duplex features new flooring throughout, a formal living room and dining room in each unit, and is ready for its next investor or owner-occupant. One unit is already rented for 6 months with a section 8 tenant and generating $1,085/month, while the second unit is vacant and turnkey—ready for immediate occupancy or new tenant placement. With solid structure and appealing updates, this is a fantastic opportunity to add a cash-flowing property to your portfolio or live in one unit while renting the other. Don't miss out on this income-generating gem!
Under contract
Price cut: $5K (12/1)
$124,900
1563 Clermont Rd, Cleveland, OH 44110
4beds
--sqft
Est.:
Duplex, Multi Family
Built in 1924
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Dining room
- 155 days |
- 103 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 20, 2025 at 09:33am
Listing Provided by:
Jermaine R Burge 216-215-5727 jburge@kw.com,
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5145687
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished
Video & virtual tour
Property
Parking
- Parking features: Paved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,998.81 Square Feet
Details
- Parcel number: 11630083
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: S H Kleinmans Allotment
Location
- Region: Cleveland
Financial & listing details
- Tax assessed value: $65,300
- Annual tax amount: $1,604
- Date on market: 8/5/2025
- Cumulative days on market: 156 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2025 | Contingent | $124,900 |
Source: | ||
| 12/1/2025 | Listed for sale | $124,900-3.8% |
Source: | ||
| 11/19/2025 | Contingent | $129,900 |
Source: | ||
| 10/14/2025 | Price change | $129,900-3.7% |
Source: | ||
| 9/15/2025 | Price change | $134,900-3.6% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,529 +35% | $22,860 +56.6% |
| 2023 | $1,132 +0.6% | $14,600 |
| 2022 | $1,125 +0.9% | $14,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$728/mo
Principal & interest
$484
Property taxes
$200
Home insurance
$44
Climate risks
Neighborhood: South Collinwood
Nearby schools
GreatSchools rating
- 3/10Hannah Gibbons-Nottingham Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 3/10Ginn AcademyGrades: K,5,8-12Distance: 0.8 mi
- 4/10Euclid Park Elementary SchoolGrades: PK-8Distance: 0.8 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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