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3359 E 65th Street, Cleveland, OH 44127

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For Sale

$249,900

7 beds • 2 baths • 3,008 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $83.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investor's Opportunity at 3359 E 65th St, Cleveland!!! Fully updated and income producing, this duplex offers strong returns and immediate rental stability. The front unit features 5 bedrooms and 1 bathroom, currently bringing in $1,716/month, while the rear 2-bedroom, 1 bath unit collects $1,085/month. With a projected NOI around $21,800 and an estimated 8.7% cap rate, the numbers on this property work. Both units have refreshed interiors with updated kitchens, modern flooring, and clean, neutral finishes throughout. Major improvements were completed within the last year, including updated electrical and plumbing, new vinyl windows, new water tank, and new furnace, giving buyers peace of mind for years to come. Utilities are already separated, with tenants paying their own gas and electric. The property is CMHA compliant, fully inspected and approved. The front tenant is currently in the process of moving, giving new ownership flexibility, whether you want to re-lease at market rates or live in one unit and let the other cover the mortgage. Located near highways, transit, schools, and local amenities, this duplex sits in a strong rental area with steady demand. Clean, updated, and easy to manage, it's a solid addition to any portfolio. Schedule your private tour today.
MLS# 5174041

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Laundry Room

Map and Directions

Directions to 3359 E 65th Street, Cleveland, OH 44127

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(216) 455-7677
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.