11600 Beulah AVE Open House Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44106
OPEN HOUSE
Sun Jun 15, 12:00pm - 2:00pm
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $60
Subdivision Hicks
MLS Listing ID 5129017
Bedrooms 6
Full Baths 2
Year Built 1910
Annual Tax Amount $1,094
Tax Year 2023
Lot Size 5,758 Sqft
Property Sub-Type Duplex
Property Description
Incredible Investment Opportunity Near CWRU – Fully Renovated Duplex with 18%+ Cap Rate Potential!
Welcome to 11600 Beulah Avenue, Cleveland – a fully renovated duplex ideally located in one of Cleveland's most high-demand rental areas, just minutes from Case Western Reserve University, University Hospitals, the VA Clinic, and the Cleveland Clinic. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this opportunity is packed with value.
This charming colonial-style duplex offers 6 bedrooms and 2 full bathrooms, split across two spacious 3-bedroom units. Each unit features approximately 1,230 square feet of updated living space with modern kitchens, refreshed bathrooms, beautiful hardwood-style floors, and plenty of natural light, thanks in part to several recently replaced windows.
The property has Lead Safe Certification valid through 2027 and has already passed all Section 8 inspections, ensuring long-term safety compliance and peace of mind. One unit is currently occupied by a long-term Section 8 tenant providing steady, government-backed income, while the second unit is vacant and rent-ready, offering immediate cash-flow potential or owner occupancy flexibility.
Investors will be thrilled to know this property exceeds the 1% rule and offers potential for an exceptional 18%+ Cap Rate—a rare find in today's market.
Mechanicals include two hot water tanks (2014 & 2021) and two furnaces (both 2014), as well as central air conditioning for both units—an added comfort and value booster for tenants. The duplex also includes a full unfinished basement, a partially fenced backyard, and sits on a quiet street just steps from a city park and close to public transit, dining, shopping, and cultural institutions.
ALL offers must be submitted via the EZ Real Estate Platform.
This is your chance to secure a turn-key, income-producing asset in one of Cleveland's most established rental corridors.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Central Air
Laundry In Basement
Exterior
Parking Features Common,Driveway
Fence Partial
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA
Listing Terms Cash,Conventional,1031 Exchange,FHA