16684 Libby Road, Maple Heights, OH 44137
Local realty services provided by:ERA Real Solutions Realty
16684 Libby Road,Maple Heights, OH 44137
$200,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: armando galvez
Office: re/max above & beyond
MLS#:5216583
Source:OH_NORMLS
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Price summary
- Price:$200,000
About this home
Attention investors and house hackers! Welcome to 16684 Libby Rd, a rock solid, brick front duplex in Maple Heights designed to deliver immediate, hassle free cash flow from day one. This property features a highly functional layout, a spacious paved driveway, and a large backyard perfect for tenant enjoyment. The lower unit is currently occupied by a reliable tenant generating $987 per month and is locked into a stable lease through January 2027. Meanwhile, the upstairs unit brings in $992 per month on a flexible month to month agreement, offering a savvy buyer the perfect setup to either keep cash flowing smoothly or move in and live practically for free while the downstairs pays the mortgage.
What truly sets this multi-family asset apart is its exceptional alignment with smart leverage strategies. Generating a combined gross monthly income of $1,979, this property sits in a prime sweet spot for investors looking to utilize Debt Service Coverage Ratio (DSCR) financing. This strong revenue stream easily satisfies the classic 1% Rule (where monthly rent equals or exceeds 1% of the purchase price) making it incredibly easy for the property’s own income to qualify for the mortgage without relying on your personal debt to income history.
Beyond the numbers, this duplex is packed with practical amenities that ensure long term tenant satisfaction and minimal overhead. The bright, classic kitchens offer ample cabinetry and functional layouts, and the property features a gorgeous, window lined sunroom that makes a perfect bonus space. Adding massive value to the bottom line, the shared basement conveys complete with a commercial grade, card payment washer and dryer system. This setup completely eliminates the headache of dealing with quarters while providing a steady, built in stream of secondary ancillary income. Don't miss out on adding this turnkey, income producing powerhouse to your portfolio!...
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Home facts
- Year built:1965
- Listing ID #:5216583
- Added:92 day(s) ago
- Updated:September 06, 2026 at 06:14 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Common Basement, Unfinished
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1965
- Lot Features:Wooded/Treed
- Construction Materials:Brick
- Exterior Features:Wooded
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$200,000
- Tax amount:$4,417 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Detached, Garage, Paved
- Garage:Yes
- Garage spaces:2
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