USAOHClevelandDoan/joseph Laronges1238 E 145Th St

View of front of home with a balcony, a porch, and a front yard | Image 1

1238 E 145 Th St, Cleveland, OH

Name: 1238 E 145 Th St, For Sale in Cleveland - Zoocasa
Brand: Keller Williams Citywide
SKU: 5190350
Price: 40000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$40,000

420

MLS® 5190350

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 1992 sqft

Garage No

Taxes $1,435

Days Active 0

Lot Size 0.0892 acres

Approx. Age 1916

Avg. Price Per Sqft $20

MLS® Number 5190350

Property Address: 1238 E 145th St, Cleveland, OH, 44112-2620

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

Description

Major value-add duplex opportunity in East Cleveland featuring two 2-bedroom, 1-bath units, each offering a traditional layout with living room, dining room, and kitchen. The property has sustained significant water damage due to burst pipes and requires a full renovation. This is a substantial project suited for experienced investors prepared to complete a comprehensive rehab. Once restored, renovated duplexes in the area are supporting values of $150, 000 or more. Estimated renovation costs are approximately $80, 000, presenting an opportunity to create equity through improvements. For investors evaluating long-term rental strategy, current CMHA payment standards for two-bedroom units in the 44112 zip code are approximately $1, 050 per unit per month. Upon full rehabilitation and approval for occupancy, the property has the potential to generate gross annual rental income exceeding $25, 000 based on two units. The property is being sold as-is. Due to the condition of the home, liability waivers will be required prior to entry. Cash or renovation financing only. Seller will not permit assignment of the contract. Serious, qualified investors encouraged to inquire.

MLS® Number5190350

Laundry Level

Central VacNo

FireplaceNo

Acreage0.0892

Exterior

GarageNo

Approx. Age1916

BasementCommon Basement

DrivewayOther

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 3, 2026List Date

$40,000List Price

Map

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