3642 Menlo Road, Shaker Heights, OH 44120

$105,000
4
BD
2
BA

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Sold Price
$105,000
List Price
$139,900
Status
CLOSED
Style
Colonial
Stories
2
MLS#
5193944
Year Built
1925
Closing Date
Jul 07, 2026
Bedrooms
4
Bathrooms
2
Region
Shaker Heights
Township
Shaker Heights

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.

Additional Information

Taxes
$4,043
Acres
0.04
Sewer
Public Sewer
Roof
Asphalt, Shingle
Water
Public
Fireplaces
1
Garage Spaces
2
Heating
Forced Air
Cooling
Window Unit(s)
School District
Shaker Heights CSD - 1827

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Calculator source: Real Geeks

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: High Point Real Estate Group.

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