Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® Number5144761
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageYes
Approx. Age1943
BasementFull, Unfinished
DrivewayDriveway, Detached, Garage
Garage Spaces
HeatForced Air
A/CCentral Air, Ceiling Fans
Heating Fuel
Extras
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