Recently Renovated, Income-Producing Duplex – Excellent Investment Opportunity!
Fantastic opportunity to own a beautifully updated, tenant-occupied duplex at 417 Arbor Rd in Cleveland! Priced at just $159,900, this spacious two-family property features 4 bedrooms, 2 bathrooms, and 2,016 sq. ft. of living space.
This well-maintained property offers numerous recent upgrades, including a brand-new hot water tank, fresh interior paint, a new sink, updated flooring, bathroom improvements, and refreshed fixtures throughout.
With tenants already in place, this duplex offers immediate rental income and is an excellent opportunity for investors looking to expand their portfolio with a recently improved property.
Whether you're an experienced investor or purchasing your first rental property, this duplex offers a great combination of affordability, recent renovations, and income potential.
Offered at $159,900! Cash and conventional financing offers welcome. Contact us today for more details or to schedule a private showing!
For sale by owner
$159,900
417 Arbor Rd, Cleveland, OH 44108
4beds
2baths
2,016sqft
MultiFamily
Built in 1929
-- sqft lot
$143,100 Zestimate®
$79/sqft
$-- HOA
What's special
Beautifully updatedRefreshed fixtures throughoutFresh interior paintBathroom improvementsUpdated flooringNew sinkBrand-new hot water tank
What the owner loves about this home
What I love most about this property is its incredible investment potential! With tenants already in place, it provides immediate rental income and an excellent opportunity to build long-term wealth. The recent upgrades, including a new hot water tank, fresh paint, updated flooring, new sink, and refreshed fixtures, make it even more appealing. It's a spacious, well-maintained duplex with two separate units, offering a great combination of comfort, value, and income potential. A fantastic addition to any real estate investment portfolio!
- 1 day
- 164
- 21
Listed by:
Property Owner (425) 559-1993
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air
Cooling
- None
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,016 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Other, Wood
Lot
- Size: 3,998 Square Feet
Details
- Parcel number: 11118055
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1929
Community & HOA
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $46,000
- Annual tax amount: $1,078
- Date on market: 10/18/2026
Estimated market value
$143,100
$119,000 - $167,000
$1,027/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2026 | Listed for sale | $159,900+18.4%$79/sqft |
Source: Owner Report a problem | ||
| 11/18/2025 | Sold | $135,000+8%$67/sqft |
Source:  MLS Now #5160128 Report a problem | ||
| 10/3/2025 | Pending sale | $125,000$62/sqft |
Source: MLS Now #5160128 Report a problem | ||
| 9/30/2025 | Listed for sale | $125,000+66.7%$62/sqft |
Source: MLS Now #5160128 Report a problem | ||
| 5/16/2025 | Sold | $75,000-12.8%$37/sqft |
Source: MLS Now #5095828 Report a problem | ||
| 4/30/2025 | Pending sale | $86,000$43/sqft |
Source: MLS Now #5095828 Report a problem | ||
| 3/6/2025 | Price change | $86,000-4.4%$43/sqft |
Source: MLS Now #5095828 Report a problem | ||
| 1/22/2025 | Listed for sale | $90,000+1025%$45/sqft |
Source: MLS Now #5095828 Report a problem | ||
| 3/4/2024 | Sold | $8,000-90.3%$4/sqft |
Source: Public Record Report a problem | ||
| 2/18/2024 | Pending sale | $82,500$41/sqft |
Source: MLS Now #5008062 Report a problem | ||
| 2/18/2024 | Listing removed | -- |
Source: MLS Now #5008062 Report a problem | ||
| 1/16/2024 | Pending sale | $82,500$41/sqft |
Source: MLS Now #5008062 Report a problem | ||
| 12/21/2023 | Listed for sale | $82,500+79.3%$41/sqft |
Source: MLS Now #5008062 Report a problem | ||
| 4/8/2022 | Sold | $46,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,078 +0% | $16,100 |
| 2024 | $1,077 +27.6% | $16,100 +47.8% |
| 2023 | $844 +0.6% | $10,890 |
| 2022 | $839 +0.9% | $10,890 |
| 2021 | $832 +5.4% | $10,890 +21.9% |
| 2020 | $789 +8% | $8,930 +0.1% |
| 2019 | $731 +0.3% | $8,920 -0.1% |
| 2018 | $728 -43.6% | $8,930 -41.5% |
| 2017 | $1,290 +0.8% | $15,260 |
| 2016 | $1,280 | $15,260 |
| 2015 | $1,280 -10.3% | $15,260 -9.9% |
| 2014 | $1,427 +1.7% | $16,940 |
| 2013 | $1,403 +2.9% | $16,940 |
| 2012 | $1,363 +2.7% | $16,940 -21.1% |
| 2011 | $1,327 +0.2% | $21,460 |
| 2010 | $1,325 -20% | $21,460 |
| 2009 | $1,657 +16.5% | $21,460 -12% |
| 2008 | $1,422 +3.3% | $24,400 |
| 2007 | $1,376 +0.1% | $24,400 |
| 2006 | $1,375 -4.2% | $24,400 +5.8% |
| 2005 | $1,435 +2.8% | $23,070 |
| 2004 | $1,396 +6.1% | $23,070 |
| 2003 | $1,315 +19% | $23,070 +17.9% |
| 2002 | $1,106 -42.2% | $19,570 |
| 2001 | $1,912 +4.5% | $19,570 |
| 2000 | $1,830 | $19,570 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Forest Hills
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