Rhonda Albaugh
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: peterpaparizos@kw.com, 440-463-2999
Shown By
Agent Name: Rhonda Albaugh
Agent Phone: (330) 323-3804
Agency Title: Cutler Real Estate
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Property Description
Rare chance to acquire a true multi-unit asset in Cleveland: two fully independent single-family homes on one parcel, offering diversified income streams, reduced vacancy risk, and strong long-term upside. This property has been well maintained, thoughtfully updated, and positioned for both immediate cash flow and future appreciation. Both units are currently occupied on a month-to-month contract, providing stable, turnkey rental income. The front house features recent updates including new flooring, kitchen improvements, fresh paint, a new electrical panel, and a new furnace. A wheelchair lift was also installed on the front porch and stays with the property. The back house is a ranch-style home which features a 2-bedroom 1 bath unit. This rare two-home configuration, strong rental performance, and low-maintenance updates make this an outstanding investment opportunity that won't last long.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete
Cooling: Ceiling Fan(s), Window Unit(s)
Days on Market: 4
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,281 / year
Year Built: 1914
Feature Descriptions
Accessibility: Accessible Elevator Installed
Exterior: Wood Siding
Parcel#: 111-14-005
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 617.33 per month $482.87 Principal & Interest $106.75 Property Tax $27.71 Homeowner's InsuranceChange Payment Information
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567 E 128th Street | MLS# 5198515
This multi-family property located at 567 E 128th Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $95,000. E 128th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on ralbaugh.cutlerhomes.com today.