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Listed price in listed location currency (USD).
$240,000

422

MLS® 5199413

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2924 sqft
Garage Yes
Taxes $2,091
Days Active 15
Lot Size 
Approx. Age 1923
Avg. Price Per Sqft $82
MLS® Number 5199413

Property Address: 1523 Hillcrest Rd, Cleveland, OH, 44118-1110

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

Description

This fully renovated duplex presents an exceptional opportunity for investors seeking strong cash flow and minimal upfront work! The property features a spacious lower unit offering 3 bedrooms and 1 full bathroom, and an expansive upper unit with 5 bedrooms and 1 full bathroom—both designed with functional kitchens and adjoining dining areas, ideal for comfortable everyday living. A full basement provides additional storage space or the potential for future value-add opportunities, while the 2-car detached garage adds further convenience and tenant appeal. Both units are currently vacant, allowing for immediate leasing at market rates or flexibility for an owner-occupant strategy. The lower unit has an estimated market rent of $1, 800/mo., while the upper unit commands approximately $2, 200/mo., creating a combined potential income of $4, 000 per month—making this a strong cash-flowing asset from day one! The property has undergone extensive updates throughout. Exterior improvements include vinyl siding, newer windows, a new roof, updated plumbing and electrical systems, and fully rebuilt porches and balconies. Inside, both units have been renovated top to bottom with modern finishes, including updated kitchens and bathrooms, new light fixtures, durable LVP flooring, and fresh interior paint throughout. Located in East Cleveland, just a short walk from the Forest Hill Park Tennis Courts, this property benefits from proximity to major roads, public transportation, shopping, dining, and everyday amenities—making it highly attractive for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With its size, updates, and income potential, this duplex is perfectly positioned for investors looking to expand their portfolio with a low-maintenance, high-performing property! No wholesalers. No Seller financing. No low ball offers.
MLS® Number5199413
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1923
BasementFull
DrivewayDriveway, Detached, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$240,000List Price
Sep 3, 2024End Date
$109,500Sold Price

Sold

Aug 25, 2024List Date
$150,000List Price

Home Appraisal

This property is estimated to sell between: $184,000 and $268,000.
Similar properties in this area sold on average for: $184,000
Expect to pay under asking. 75% of similar properties sold for less than the asking price.
Expected to sell in 19 days. Similar properties sold in 34 days. This home has been on eXp Realty for 15 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1523 Hillcrest Rd, Cleveland, OH

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