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Listed price in listed location currency (USD).
$250,000

430

MLS® 5195105

Overview

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $1,321
Days Active 0
Lot Size 0.101 acres
Approx. Age 1911
MLS® Number 5195105

Property Address: 10222 Parkgate Avenue, Cleveland, OH, 44108

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. Upper unit is leased through CMHA Section 8 at $1, 326/month. Lower unit is renovated, vacant, and rent-ready with projected rent of approximately $1, 200/month, producing estimated gross income of ~$2, 526/month (~$30K/year) once stabilized. Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking. Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area. Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services — supporting strong tenant demand and consistent occupancy. Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.
MLS® Number5195105
Laundry Level
Central VacNo
FireplaceNo
Acreage0.101
Exterior
GarageNo
Approx. Age1911
BasementUnfinished
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 21, 2026List Date
$250,000List Price

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