Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Denise Evans
Agent Phone: (330) 575-1832
Agency Title: Cutler Real Estate
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Property Description
Investor-friendly duplex opportunity in Shaker Heights generating $920/month in rental income. This well-maintained two-family property features hardwood floors, spacious living areas, and classic character typical of the area's 1920s homes. Each unit offers comfortable layouts with strong rental demand. The property is currently generating $920/month in rental income, with one unit leased through 10/31/2026. The second unit has recently been vacated but was previously rented for $1,195/month, providing a solid benchmark for future leasing. This vacancy creates an excellent opportunity for an investor to place a new tenant at market rent, increase overall income, or owner-occupy while offsetting expenses. Owner pays water and sewer. Additional highlights include a full basement, separate living spaces, and a detached garage, offering added storage and tenant convenience. Located just minutes from shopping, dining, and major medical and employment centers near Cleveland Clinic and University Circle, this property presents a solid opportunity for both new and seasoned investors looking to expand their portfolio with a performing asset in a desirable rental market.
Property Features
Property Type: Residential - Single Family
Basement: Partially Finished
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 21
Fireplaces: 1
Garage: 2
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.04 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $4,043 / year
Year Built: 1925
Feature Descriptions
Exterior: Asphalt, Frame
Parcel#: 735-21-009
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Shaker Heights City
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Estimated Payment
$ 1,143.10 per month $762.43 Principal & Interest $336.92 Property Tax $43.75 Homeowner's InsuranceChange Payment Information
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3642 Menlo Road | MLS# 5193944
This single family home located at 3642 Menlo Road, Shaker Heights, OH 44120 is currently listed for sale with an asking price of $150,000. This property was built in 1925 and has 4 bedrooms and 2 full baths. Menlo Road is located within the Shaker Heights City school district. Search Shaker Heights real estate on devans.cutlerhomes.com today.