Attention savvy investors!

Here's an unbeatable chance to acquire a high-yield, cash-flowing duplex in bustling Cleveland. Fully occupied and generating $2, 200 per month, this property features a 2-bedroom unit at $1, 050 and a 3-bedroom unit at $1, 150, with the owner covering all utilities for added tenant appeal. With a remarkable cap rate exceeding 12% and a phenomenal cash-on-cash return of over 22%, this investment shows fantastic promise with significant returns.

The duplex hs undergone some updates, including fresh paint, new furnace and water tank, sleek vinyl flooring and some kitchen and bathroom upgrades. Dont miss this golden opportunity to enhance your portfolio with a property that combines substantial income with low maintenance and high tenant satisfaction!

Request Information
on 3408 E 140th St
in Cleveland, OH
Presented by Tal Tamir at
Russell Real Estate Services.


Property MLS #5051215 from MLSNOW
▶ Virtual Tour

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Heating and Cooling

Heating Features: ForcedAir, Gas
Heating: Yes

+ Other Rooms

Basement Description: Unfinished

+ Land Info

Lot Size Acres: 0.1664
Lot Size Source: Assessor
Lot Size Square Feet: 7248

+ Garage and Parking

Parking Features: Driveway, OnSite, Paved, OnStreet

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1

+ School Information

Elementary School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809
Middle or Junior School District: Cleveland Municipal - 1809
+ Display Complete School Details

Thomas Jefferson School is a public elementary, middle and high school located approximately 6.9 miles away.
Map directions

Archbishop Lyke School-Our Lady of Peace Campus is a private elementary and middle school located approximately 1.4 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 1058
Source Listing Status: Pending
County: Cuyahoga
Directions: North of HWY 422
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: William Behms Proposed Allotm
Parcel Number: 130-12-063
Subdivision: William Behms Proposed Allotm
Township: Cleveland
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$3,190 + $3,820 $7,010	$1,253
2021	$3,190 + $3,820 $7,010	$535
2020	$8,300 + $3,290 $11,590	$1,023
2019	$8,300 + $3,290 $11,590	$948
2018	$8,300 + $3,290 $11,590	$945
2017	$11,130 + $3,780 $14,910	$1,260
2016	$11,130 + $3,780 $14,910	$1,251
2015	$11,130 + $3,780 $14,910	$1,250
2014	$11,130 + $3,780 $14,910	$514
2013	$11,130 + $3,780 $14,910	$508
2012	$14,530 + $5,920 $20,450	$494
2012	$11,130 + $3,780 $14,910	$494
2010	$14,530 + $5,920 $20,450	$1,082
2009	$14,530 + $5,920 $20,450	$666
2008	$16,520 + $6,720 $23,240	$766
2007	$16,520 + $6,720 $23,240	$723

+ Reveal Property Sale History

Listed 2024-07-08
$129,900
MLSNOW

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Listing removed 2024-03-02
$84,900
MLSNOW

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Listed 2023-10-18
$84,900
MLSNOW

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Sold 2022-10-27
$40,000
Public Record

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Sold 2020-07-17
$20,000
MLSNOW

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Listing removed 2016-07-07
$35,900
MLSNOW

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Price Changed 2016-05-13
$35,900
MLSNOW

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Listed 2015-11-17
$45,900
MLSNOW

+ Building and Construction

Total Square Feet Living: 1602
Year Built: 1910
Above Grade Finished Area: 1602
Above Grade Finished Area Source: Assessor
Construction Materials: AluminumSiding, VinylSiding
Levels: ThreeOrMore
Living Area Units: SquareFeet
Property Age: 114
Property Condition: UpdatedRemodeled
Roof: Asphalt, Fiberglass, Shingle
Year Built Source: PublicRecords

+ Utilities

Sewer: PublicSewer
Water Source: Public