17645 Lakeport AvenueCleveland, OH 44119

17645 Lakeport AvenueCleveland, OH 44119

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$189,900 Pending
Multi Unit - Multiple MLS 5184495 Pending
4 beds 2 full baths 1,761 sqft
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Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: home4u@georgesoldit.com, 440-502-9128

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Exceptional income-producing turnkey multi-family investment opportunity - 2 houses on one lot! Generating $27k a year in revenue this fully renovated property includes two updated units with a detached 2-car garage. The main house is 2 Bedroom 2 full bath 1152 square feet and offers a spacious layout that was completely gutted and rebuilt from the studs with all new systems, finishes, appliances, flooring, electric, and a new roof. The additional smaller unit is 2 bed 1 Bath 609 square feet and has received the same comprehensive renovation ? new roof, flooring, paint, fixtures, and appliances throughout. Both units are tenant-occupied, generating strong current cash flow with the main house rented at $1,325/mo with lease expiring in 11/29/26 and the small house at $925/mo with lease ending 01/06/2027. Perfect for investors looking for stabilized rental income in a traditional Cleveland neighborhood near Lake Erie and local amenities. Close proximity to parks, transit, and neighborhood services ? a rare fully modernized multi-family in this price tier.

17645 Lakeport Avenue | MLS# 5184495

This multi-family property located at 17645 Lakeport Avenue, Cleveland, OH 44119 is currently listed for sale with an asking price of $189,900. Lakeport Avenue is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 2
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.23 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,544 / year
Year Built: 1928

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Refrigerator
Exterior: Aluminum Siding, Wood Siding
Parcel#: 113-04-023
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Hts-Univer - 1810

Demographics

Cuyahoga County Demographic Information for 17645 Lakeport Avenue, Cleveland, OH 44119
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,193.91 per month $926.52 Principal & Interest $212.00 Property Tax $55.39 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)
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