Turn-Key 2-Family Investment with Strong Rental Appeal
This newly rehabbed and fully leased 2-family property is a perfect long-term hold. Major improvements include a brand-new roof and new hot water tanks, giving investors peace of mind and reduced maintenance costs for years to come. Each unit showcases desirable features tenants love: a spacious living room with fireplace, a formal dining room with built-ins, and generously sized bedrooms. The upstairs unit is expanded with a finished 3rd floor, creating a highly attractive 3-bedroom layout for added rental income potential. Backing directly onto Duggan Park, tenants enjoy access to a pool, splash park, and basketball courts, while being just minutes from shopping, schools, bus routes, and other everyday amenities. With modern updates, strong tenant demand, and an ideal location, this property offers investors steady cash flow, low-maintenance ownership, and long-term appreciation potential. Rental income is $900 for the Downstairs Unit and $1200 for the Upstairs Unit making the Total Gross Rental Income $2100 per month.
For sale
$120,000
1639 Avalon Rd, Cleveland, OH 44112
5beds
2,320sqft
Est.:
Duplex, Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
Modern updatesGenerously sized bedroomsBrand-new roof
- 212 days |
- 79 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: December 31, 2025 at 12:21pm
Listed by:
David L Sturgeon 216-375-4486 davidsturgeon@howardhanna.com,
Howard Hanna
Source: MLS Now,MLS#: 5130424Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
- Finished area above ground: 2,320
Video & virtual tour
Property
Parking
- Parking features: Driveway, Detached, Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Pool features: Community
- Fencing: Chain Link,Wood
- Has view: Yes
- View description: City
Lot
- Size: 4,399.56 Square Feet
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 11708161
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Playground, Park, Pool
- Subdivision: Euclid Lawn
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $45,500
- Annual tax amount: $1,052
- Date on market: 6/11/2025
- Cumulative days on market: 184 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Listed for sale | $120,000$52/sqft |
Source: MLS Now #5130424 Report a problem | ||
| 12/2/2025 | Listing removed | $120,000$52/sqft |
Source: MLS Now #5130424 Report a problem | ||
| 10/22/2025 | Listed for sale | $120,000$52/sqft |
Source: MLS Now #5130424 Report a problem | ||
| 10/15/2025 | Contingent | $120,000$52/sqft |
Source: MLS Now #5130424 Report a problem | ||
| 10/8/2025 | Price change | $120,000-4%$52/sqft |
Source: MLS Now #5130424 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,052 +46.5% | $15,930 +69.8% |
| 2023 | $718 +0.6% | $9,380 |
| 2022 | $714 +1% | $9,380 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$699/mo
Principal & interest
$465
Property taxes
$192
Home insurance
$42
Climate risks
Neighborhood: Euclid Green
Nearby schools
GreatSchools rating
- 4/10Euclid Park Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Ginn AcademyGrades: K,5,8-12Distance: 0.6 mi
- 3/10Hannah Gibbons-Nottingham Elementary SchoolGrades: PK-8Distance: 0.8 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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