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3156 E Derbyshire Road, Cleveland Heights, OH 44118

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For Sale

$410,000

8 beds2 baths2 half baths2,594 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 1943
    Year built

  • $158.06
    Price per square foot

Explore this Property

Stunning Renovated Duplex in the Heart of Cleveland Heights! Welcome to 3156 E Derbyshire Rd, a turnkey 3,200+ sq ft side-by-side duplex just minutes from the vibrant Cedar-Lee District. Each unit offers 4 spacious bedrooms, 1.5 updated bathrooms, and 3 levels of finished living space, perfect for multi-generational living, house hacking, or long-term investment. This fully updated property features brand-new kitchens and baths, new vinyl and carpet flooring, central air, updated electrical, and a newer roof with fresh gutters (2023) delivering low-maintenance ownership from day one. Perfect for investors OR owner-occupants looking to house-hack live in one side and rent out the other Investors will appreciate the reliable cash flow and 5%+ cap rate with built-in upside. Owner-occupants will love the spacious layout, modern updates, and walkable location near parks, cafes, and shopping. The property also includes off-street parking, charming front porches, and sits on a quiet, tree-lined street. Don't miss this rare, high-income duplex opportunity with flexibility, location, and future growth potential all in one. Current rental income is $2,100/month per unit, for a total of $4,200/month, with room to increase to $2,300-$2,500/month based on condition and local comps. Flexible Occupancy Options: One unit is on a month-to-month lease (ended July 2025) The second unit's lease runs through January 2026
MLS# 5144761

Listed By CENTURY 21 Asa Cox Homes

Property Features

  • Age
    Over 50 Years Old
  • Basement
    Full, Unfinished
  • Garage Count
    2 Car Garage
  • Lot Size
    0.17 Acres
  • Sewer
    Public
  • Style
    Other Style

Home seller Meet the Agent,
Alejandro Preza Razo

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Alejandro Preza Razo

of CENTURY 21 Asa Cox Homes

(440) 251-8852
Learn More About Me

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Monthly Payment Breakdown

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