3909 Memphis Avenue, Cleveland, OH 44109
Local realty services provided by:ERA Real Solutions Realty
Listed by: kit custer
Office: re/max transitions
MLS#:5211601
Source:OH_NORMLS
Price summary
- Price:$289,000
- Price per sq. ft.:$122.77
About this home
Turnkey FURNISHED duplex in Old Brooklyn, fully leased and ready for immediate cash flow. Inspection report available under supplements. The lower unit is leased at $1,600 per month and is currently month to month, offering flexibility for a future owner. The upper unit is leased as a furnished midterm rental at $1,700 per month on a 3 month lease with the option to extend monthly. Current gross rental income is $3,300 per month. Seller reports average utility costs of approximately $625 per month, leaving an estimated $2,675 per month before mortgage payments to help offset principal, interest, taxes, and insurance. Fully furnished and located minutes from MetroHealth Main Campus, this property previously operated as a successful Airbnb and can easily transition back to short term rentals to maximize income if desired. Extensive renovations include new flooring, windows, kitchens, bathrooms, drywall, insulation, trim, doors, and appliances. Features include central air, secure entry with automated locks, private owner supply closets, and a security system with video doorbell and remote access. The upper unit offers a flexible bonus space that could be enclosed for additional value. A concrete pad is already in place for a future garage. All furnishings are included at the current list price. Conveniently located near MetroHealth, the Cleveland Metroparks Zoo, Brookside Reservation, and downtown Cleveland....
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Home facts
- Year built:1925
- Subdivision & Development:Henritze
- Listing ID #:5211601
- Added:93 day(s) ago
- Updated:August 23, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:11
- Basement:Yes
- Basement Description:Full
- Living area:2,354 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1925
- Building area:2,354 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Aluminium Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,000
- Price per sq. ft.:$122.77
- Tax amount:$2,272 (2025)
Parking
- Parking description:Detached, Driveway, Garage
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