417 Arbor RD Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44108
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $41
Subdivision L M Southern
MLS Listing ID 5160128
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,016
Year Built 1929
Annual Tax Amount $1,077
Tax Year 2024
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Duplex
Stories Three Or More
Story Three Or More
Property Description
This updated two-family home is an excellent income-producing property, fully occupied and generating $1,903 per month. The upstairs 2-bed/1-bath unit has been completely renovated with fresh paint, new flooring and carpeting, reglazed finishes, and a modernized bathroom. Section 8 tenant currently pays $1,078/month. The downstairs 2-bed/1-bath unit is also updated with new fixtures, added living room lighting, new carpeting, a freshly painted basement, and repainted porches. Current rent is $825/month.
With reliable tenants already in place, full occupancy, and Section 8 approval, this property offers consistent cash flow, low-maintenance updates, and strong long-term potential. No showings will be scheduled until an offer is accepted.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-18-055
Acceptable Financing Cash,Conventional,1031 Exchange,Private Financing Available
Listing Terms Cash,Conventional,1031 Exchange,Private Financing Available
Special Listing Condition Standard