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3642 Menlo RD Shaker Heights, OH 44120
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Key Details
Sold Price $105,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5193944
Sold Date 07/07/26
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $4,043
Tax Year 2025
Lot Size 1,568 Sqft
Acres 0.036
Property Sub-Type Single Family Residence
Stories Two
Story Two
Property Description
Investor-friendly duplex opportunity in Shaker Heights generating $920/month in rental income. This well-maintained two-family property features hardwood floors, spacious living areas, and classic character typical of the area's 1920s homes. Each unit offers comfortable layouts with strong rental demand. The property is currently generating $920/month in rental income, with one unit leased through 10/31/2026. The second unit has recently been vacated but was previously rented for $1,195/month, providing a solid benchmark for future leasing. This vacancy creates an excellent opportunity for an investor to place a new tenant at market rent, increase overall income, or owner-occupy while offsetting expenses. Owner pays water and sewer. Additional highlights include a full basement, separate living spaces, and a detached garage, offering added storage and tenant convenience. Located just minutes from shopping, dining, and major medical and employment centers near Cleveland Clinic and University Circle, this property presents a solid opportunity for both new and seasoned investors looking to expand their portfolio with a performing asset in a desirable rental market.
Location
State OH
County Cuyahoga
Rooms
Basement Partially Finished
Main Level Bedrooms 4
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Shaker Heights Csd - 1827
Others
Tax ID 735-21-009
Financing Cash
Special Listing Condition Standard
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Bought with James Dawson • High Point Real Estate Group
NEARBY SCHOOLS & BUSINESSES
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