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6723 Clement AVE Cleveland, OH 44105
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Key Details
Sold Price $166,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,396 sqft
Price per Sqft $69
Subdivision Morison & Andrews Allotment
MLS Listing ID 5194031
Sold Date 06/03/26
Bedrooms 6
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,396
Year Built 1910
Annual Tax Amount $1,534
Tax Year 2025
Lot Size 4,024 Sqft
Acres 0.0924
Property Sub-Type Duplex
Stories Three Or More
Story Three Or More
Property Description
Turnkey investment opportunity with immediate cash flow and serious upside potential! This fully rehabbed multi-family property features two spacious units, each offering 3 bedrooms and 1 full bathrooms—an extremely rare and desirable layout for both tenants and owner-occupants.
The lower unit is currently rented at $979/month, while the upper unit—rented at $1,150/month giving the next owner flexibility to Based on current CMHA fair market rent, 3-bedroom units are projected at up to $1,720/month, leaving significant room to increase income and boost overall returns.
Whether you're an investor looking to expand your portfolio or a buyer interested in house hacking, this property offers the perfect setup—live in one unit while the other helps cover your mortgage.
The property has been completely rehabbed with newer mechanics, plumbing, and electrical, providing peace of mind and minimizing immediate capital expenses.
Don't miss this opportunity to secure a cash-flowing asset with built-in equity and rental upside!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-24-038
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jahangir Hasanov • RE/MAX Above & Beyond
NEARBY SCHOOLS & BUSINESSES
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