ATTENTION INVESTORS: HUGE-CASHFLOW TURNKEY DUPLEX — ALMOST $2,700/MO, 100% SECTION 8 SPLIT! Check out the DSCR ratio and cap rate! Excellent returns!
Fully stabilized, rehabbed duplex bringing in $2,693/mo through CMHA Section 8 — $1,185 (lower) and $1,508 (upper). Both units are fully occupied with quiet, cooperative tenants and 100% of rent paid by CMHA on each — no tenant portion due. Cashflow from day one, no placement risk, no payment delays.
Located in Cleveland but pulling Garfield Height-level rents, this property combines high returns with low Cleveland property taxes and no Point-of-Sale (POS) compliance, a rare setup that directly improves margins.
MASSIVE CAPEX already completed: Brand new roof, new electrical panel and upgraded disconnect (permitted and city approved), new separate electric meters (expensive to install, but huge value in duplexes), new high-efficiency dual pane vinyl windows, new bathrooms, fresh paint, and sewer lines hydro-jetted clean.
LEASE BASED PAINT TESTING HAS BEEN COMPLETED AND PASSED!
There’s also potential value-add in the basement with space for an additional bedroom, offering even more rent upside.
This is a true plug-and-play asset. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel!
Strong lease is transferrable and very owner-protective.
PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."
Sold for $176,500 on 08/01/25
$176,500
8204 Vineyard Ave, Cleveland, OH 44105
5beds
2,113sqft
Duplex, Multi Family
Built in 1924
-- sqft lot
$176,600 Zestimate®
$84/sqft
$1,048 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:56pm
Listing Provided by:
Scott A Marvin 614-382-2124 scottamarvin@gmail.com,
Team Results Realty
Bought with:
Jennifer R Woomer, 2021004837
VSD Realty, LLC.
Source: MLS Now,MLS#: 5135092
Originating MLS: Other/Unspecificed

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Windows: Double Pane Windows
- Basement: Full
Interior area
- Total structure area: 2,113
- Total interior livable area: 2,113 sqft
- Finished area above ground: 2,113
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,741 sqft
Details
- Parcel number: 13423021
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: David & Judsons Allotment