2763 W 32nd Street
Cleveland, OH 44113
- 6 beds
- 2 baths
- – sqft
- 3,049 sqft lot
- 1890 build
- – on site
A Turnkey Investment in Ohio City-Tremont--Income from Day 1! Looking for a property that starts generating income from the moment you take ownership? Look no further! This fully updated and completely leased duplex in the highly desirable Ohio City-Tremont area is a fantastic investment opportunity for both seasoned investors and those looking to dive into the market. Ohio City and Tremont are two of Cleveland's most sought-after neighborhoods, known for their vibrant culture, charming architecture, and proximity to downtown. With an abundance of shopping, dining, and entertainment options nearby, it's no wonder why this area is a top choice for renters. This duplex is the definition of a turnkey investment. Both units are fully leased, meaning you can start collecting rent as soon as you close. Here's a quick breakdown of the property: Topo Unit: 4 bedrooms, 1 bathroom; Bottom Unit: 3 Bedrooms, 1 Bathroom. Each unit has been beautifully updated with luxury vinyl flooring throughout, giving the property a modern, clean look. The neutral color palette, complemented by crisp white molding, door, and door frames, adds a fresh and inviting touch, One of the standout features of this investment is the Section 8 tenant in one of the units. This comes with the added benefit that the CMHA has recently increased their subsidy, enduring that rental payments are both reliable and on the rise. The best part? You don’t have to lift a finger to tart earning, The property is in prime condition and is already under lease, meaning you can begin receiving rental income immediately after purchase. With the combination of a desirable location, fully updated units, and consistent rental income, this duplex is a must-see for anyone looking to make a smart, low-risk investment.
Last checked:
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Last updated Apr 6, 2025
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MLS# 5110209 —
The Building
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Year Built:1890
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:CommonBasement
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Basement:true
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# of Buildings:1
Interior
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Rooms Total:11
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:North of I 90 between Pearl Road I42) and
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Latitude:41.4746
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Longitude:-81.703774
The Property
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Parcel Number:007-24-036
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.07
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Lot Size Area:0.07
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 212-6456
- Office phone:
- (440) 578-8058
Taxes
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Tax Year:2024
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Tax Legal Description:53 STONE S/L 221 SWP 0220 SP
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Tax Annual Amount:$6,482
Beds
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Bedrooms Total:6
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/2763-W-32nd-Street-Cleveland-OH-44113/unbranded
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:H Stones Add
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway,NoGarage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/25
Mar 29, 2025
|
Listed / Active | MLS_NOW | $310,000 |