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5816 Madison, Cleveland, OH 44102

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For Sale

$249,000

4 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 5816 Madison Ave, an updated duplex with long-term upside potential, whether you are an investor or an owner occupant looking for rental income to offset your mortgage. This solid property features two well-maintained units, each currently leased - the downstairs at $994 and the upstairs at $1,030/month. Upgrades include vinyl plank flooring, updated cabinetry, and baths. First floor unit includes a separate dining room. Second floor unit includes a very large walk-in closet. Updated roof. Deep lot, grassy and tree-shaded with fenced-in side and back yards and 4 parking spots. Located on a quiet street with new development in a desirable neighborhood with easy access to transit, shopping, and local amenities. Professional property management in place. Don't let this opportunity pass you by!
MLS# 5146476

Courtesy Of JAMM Real Estate Co.

(440) 838-1111

Property Features

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

Map and Directions

Directions to 5816 Madison, Cleveland, OH 44102

Home seller CENTURY 21 HomeStar

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

CENTURY 21 HomeStar

(440) 449-9100
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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.

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