BEDS4
BATHS2 full 1 partial
SQUARE FEET1,944
MLS#5249033
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEuclid 16
SCHOOLCleveland Municipal - 1809
Property Description
Welcome to this amazing turnkey two-family that is generating $2,500 per month in combined rent across two units on annual leases, with both units fully occupied and no lease-up period required - income begins the day you close. The property underwent a comprehensive 2025 renovation covering both units, including new paint, carpet, and kitchen sinks, along with the conversion of former patio space into additional closeted rooms, and new stoves, ovens, and refrigerators throughout. The renovation also addressed major mechanical systems: electrical was fully updated both during the renovation and over the past year, basement plumbing was replaced with PEX, and new water heaters were installed. The property is lead certified through December 2027, and there is no known deferred maintenance. The property is located in Cleveland's Waterloo Arts District, a corridor that has seen sustained growth in galleries, restaurants, and independent businesses in recent years, contributing to steady foot traffic and reinvestment along the strip. Please contact us to schedule a private showing.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,287 / year
Year Built: 1923
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 112-13-069
Parking: Driveway, Off Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 989.47 per month $838.50 Principal & Interest $107.25 Property Tax $43.72 Homeowner's Insurance
15005 Lucknow Avenue | MLS# 5249033
This multi-family property located at 15005 Lucknow Avenue , Cleveland, OH 44110 is currently listed for sale with an asking price of $149,900. Lucknow Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.lydiawalls.com today.