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USAOHClevelandHicks11600 Beulah Ave
Colonial inspired home with a gambrel roof, covered porch, and a front yard | Image 1
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$150,000

11600 Beulah Ave, Cleveland, OH

Real Estate

For Sale

$--,---,---
620
Open House
Sun. Jun 15, 4:00-6:00 pm UTC
  • Key Facts
  • Description
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Key Facts

Type Duplex
Levels Residential Income
Size 2460 sqft
Garage No
Taxes $1,094
Days Active 0
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $60
MLS® Number 5129017

Property Address: 

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

Description

Incredible Investment Opportunity Near CWRU – Fully Renovated Duplex with 18%+ Cap Rate Potential! Welcome to 11600 Beulah Avenue, Cleveland – a fully renovated duplex ideally located in one of Cleveland’s most high-demand rental areas, just minutes from Case Western Reserve University, University Hospitals, the VA Clinic, and the Cleveland Clinic. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this opportunity is packed with value. This charming colonial-style duplex offers 6 bedrooms and 2 full bathrooms, split across two spacious 3-bedroom units. Each unit features approximately 1, 230 square feet of updated living space with modern kitchens, refreshed bathrooms, beautiful hardwood-style floors, and plenty of natural light, thanks in part to several recently replaced windows. The property has Lead Safe Certification valid through 2027 and has already passed all Section 8 inspections, ensuring long-term safety compliance and peace of mind. One unit is currently occupied by a long-term Section 8 tenant providing steady, government-backed income, while the second unit is vacant and rent-ready, offering immediate cash-flow potential or owner occupancy flexibility. Investors will be thrilled to know this property exceeds the 1% rule and offers potential for an exceptional 18%+ Cap Rate—a rare find in today’s market. Mechanicals include two hot water tanks (2014 & 2021) and two furnaces (both 2014), as well as central air conditioning for both units—an added comfort and value booster for tenants. The duplex also includes a full unfinished basement, a partially fenced backyard, and sits on a quiet street just steps from a city park and close to public transit, dining, shopping, and cultural institutions. ALL offers must be submitted via the EZ Real Estate Platform. This is your chance to secure a turn-key, income-producing asset in one of Cleveland’s most established rental corridors.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number5129017
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.1322
Exterior
GarageNo
Approx. Age1910
BasementFull, Unfinished
DrivewayCommon, Driveway
Garage Spaces
HeatForced Air
A/CCentral Air
Heating Fuel

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