10112 Aetna RoadCleveland, OH 44105

10112 Aetna RoadCleveland, OH 44105

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$130,000 Active
Multi Unit - Multiple MLS 5194747 New to the Market
6 beds 2 full baths 2,064 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: michaelnjones1@kw.com, 216-240-1147

Shown By

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

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Property Description

Turnkey, cash-flowing duplex in Cleveland providing an exceptional opportunity for investors seeking strong, immediate returns. This fully occupied 6-bedroom, 2-bath property generates $2,200 per month in rental income ($1,100 per unit), delivering impressive ROI at an attractive price point.Offering over 2,000 square feet of living space, this well-maintained duplex blends classic charm with smart updates. Each unit features spacious layouts including a living room area and additional family room space, providing comfortable living for tenants and added rental appeal. A welcoming front porch enhances the exterior and offers additional outdoor living space.Recent improvements include a waterproofed basement (completed approximately 2 years ago), newer hot water tank, one newer furnace, updated interior paint, and new ceiling fans throughout. Hardwood flooring runs through much of the property, and the exterior features newer siding for improved curb appeal and durability.The full basement offers abundant storage space, including individual storage areas, an added convenience for tenants and a valuable feature for long-term rentals.Both units are tenant-occupied, providing immediate income from day one. One tenant is on a month-to-month lease, offering flexibility for future rent adjustments, while the other is secured on a longer-term lease for stability. The property also holds a Lead Safe Certification from the City of Cleveland.This is a true 'plug-and-play investment with no renovations needed, no vacancy concerns, and strong existing income in place. Showings will be granted only after an accepted offer to respect tenant privacy.Don't miss your chance to secure a high-performing asset as opportunities like this are hard to find and won't last.

10112 Aetna Road | MLS# 5194747

This multi-family property located at 10112 Aetna Road, Cleveland, OH 44105 is currently listed for sale with an asking price of $130,000. Aetna Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Sump Pump
Basement: Yes
Cooling: Central Air
Days on Market: 4
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,873 / year
Year Built: 1919

Feature Descriptions

Exterior: Vinyl Siding
Laundry: Common Area
Parcel#: 135-06-082
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 10112 Aetna Road, Cleveland, OH 44105
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

$ 828.27 per month $634.27 Principal & Interest $156.08 Property Tax $37.92 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage