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$139,000
4 Days On Site

15816 Grovewood Avenue
Cleveland, OH 44110

For Sale|Duplex|Active
6
Beds
2
Total Baths
2
Full Baths
2,802
SqFt
$50
/SqFt
1924
Built
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
15816 Grovewood Avenue15816 Grovewood Avenue15816 Grovewood Avenue15816 Grovewood Avenue
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Calling all investors! This excellent cash-flowing opportunity in the Waterloo Arts District of North Collinwood features a lead-certified duplex with highly desirable 3-bedroom units. This duplex, ideally located steps from Humphrey Park, bus lines, Euclid Beach, the Arts District and I-90 access, combines immediate income, future upside and a convenient location in one attractive package.  The lower unit has been newly updated and is ready for occupancy. Both the freshly updated kitchen and bathroom include plank porcelain tile flooring, new cabinetry and new fixtures. New LVP flooring throughout living spaces and spacious living and dining areas with original built-in cabinets allow for easy move in. The upper unit tenant of 6 years pays $895 per month, below $1250 market and $1600 S8 rents, on a month-to-month lease, providing immediate income with future upside.  The partially finished attic space could be completed to formally add two more bedrooms to increase both rental income and overall property value. Upper unit water heater replaced in 2022.  With current income potential of up to $3,200, and more with a finished attic, this solid duplex won’t last long. Make your offer today. This property is offered AS IS. Please DO NOT DISTURB TENANTS. Viewing arranged upon accepted offer.

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Listing Snapshot
Price 
$139,000
Days On Site 
4 Days
Bedrooms 
6
Inside Area (SqFt) 
2,802 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1924
MLS® Number 
5202977
Status 
Active
Property Tax 
$2,200.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2802
Water Source 
Public
Interior Features
Basement 
Full
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Aluminum SidingVinyl Siding
Roof 
AsphaltFiberglass
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Jack Krusinski of EXP Realty, LLC.



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Neighborhood & Commute
Source: Walkscore
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