5678 Hamlet AVE Cleveland, OH 44127
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,888 sqft
Price per Sqft $60
Subdivision Canfield
MLS Listing ID 5204374
Bedrooms 5
Full Baths 2
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,888
Year Built 1910
Annual Tax Amount $1,698
Tax Year 2025
Lot Size 4,678 Sqft
Acres 0.1074
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
The property is currently fully occupied, providing consistent rental income. The lower unit rents for $1,000 per month on a month-to-month lease, offering flexibility for future adjustments, while the upper unit rents for $800 per month with a lease beginning 05/01/2026.
Key mechanical updates include newer PVC plumbing and water lines, new furnace for the upper unit, newer hot water tanks in both units. The basement is accessible through the lower unit and provides additional storage space. A unique value-add opportunity exists with a separate rear room attached to the property, currently undergoing a tear-out to rebuild the subfloor—positioning it to become financeable and potentially usable as additional living or functional space once completed. The property also includes a small backyard, adding extra outdoor utility for tenants.
Located at 5678 Hamlet Ave in Cleveland, this property sits in a convenient and accessible area near major roads, public transportation, schools, parks, shopping, and everyday amenities—supporting strong rental demand and tenant retention. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you're looking for steady cash flow from day one or a property with light value-add potential, this duplex checks the boxes! No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 125-26-129
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
NEARBY SCHOOL & BUSINESS
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