OH > Cleveland > Henritze
Cleveland, OH 44109,3909 Memphis AVE
Cleveland, OH 44109,3909 Memphis AVE
Cleveland, OH 44109,3909 Memphis AVE
Cleveland, OH 44109,3909 Memphis AVE
Cleveland, OH 44109,3909 Memphis AVE
Cleveland, OH 44109,3909 Memphis AVE
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 289,000
Est. payment | /mo

5 Beds

2 Baths

2,354 SqFt

Save
$ 289,000
Est. payment | /mo
Save

5 Beds

2 Baths

2,354 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,354 sqft

Price per Sqft $122

Subdivision Henritze

MLS Listing ID 5123525

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,354

Year Built 1925

Annual Tax Amount $2,270

Tax Year 2024

Lot Size 4,234 Sqft

Acres 0.0972

Property Sub-Type Duplex

Property Description

Fully furnished and previously run as a successful Airbnb, this income-producing duplex in Old Brooklyn is now leased to long-term tenants at $1,600 per unit — totaling $3,200/month. That's a strong return with an estimated 9% cap rate and solid cash flow from day one. Each unit is updated and includes secure entry, automated locks, and supply closets — making future short-term rental use simple if desired. The upper unit is currently being used as a 3-bedroom, though the third room remains open as a flex space. The current owners left it unwalled to allow flexibility — offering potential to add value and increase future rents by fully converting the space.
The property features central AC, a full remodel with new flooring, windows, kitchens, bathrooms, drywall, insulation, trim, doors, and appliances. A security system with video doorbell and remote access is also included. Outside, a concrete pad remains in place for buyers who may want to rebuild the garage. At the current offer price, all furnishings are included — making this truly turnkey.
Located in one of Cleveland's most in-demand rental pockets, this property is minutes from the Cleveland Metroparks Zoo, Brookside Reservation, and the shops and restaurants of the Memphis Fulton retail corridor. Tenants love the quick access to I-480, I-71, downtown Cleveland, and MetroHealth's main campus. Whether you're looking for a hands-off investment or an eventual house hack, this one checks all the boxes.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Range, Refrigerator

Laundry In Basement

Exterior

Parking Features Driveway, Detached, Garage

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 014-14-014

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Kit Custer • RE/MAX Transitions • kitsoldit@gmail.com 330-221-6578
agent-avatar

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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