2609 Mapledale Avenue, Cleveland, OH 44109

$339,900
7
BD
3
BA
3,749
SqFt

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List Price
$339,900
Status
ACTIVE
MLS#
5220828
Year Built
1910
Price Change
▼ $20,000 1784066462
Bedrooms
7
Bathrooms
3
Living Area
3,749
Region
Cleveland
Township
Cleveland
Subdivision / Building
Fish Heirs Sub

Property Description

Welcome to one of Cleveland's most compelling investment opportunities — a fully renovated 7-bedroom duplex near the heart of Ohio City, one of the city's hottest rental markets. This property isn't just move-in ready, it's income-ready, backed by hard data: AirDNA awarded this submarket a 95 Submarket Score, placing it among the strongest short-term rental markets in Cleveland. Two units, two income streams, maximum flexibility. The larger side features a spacious 5 bed/2 bath sleeping up to 10, while the second unit offers a comfortable 2 bed/1 bath sleeping up to 6. Both have been fully renovated with updated plumbing, electrical, kitchens, bathrooms, new carpeting, and fresh interior and exterior paint. No deferred maintenance, just turnkey units primed to perform. As a short-term rental, combined projections exceed $72,000 annually. Long-term rental income projects at $3,500–$3,700/month — up to $44,400/year. Comparable STRs nearby are already clearing $26,000–$55,000-plus with occupancy as high as 85%. Plus, this property already recently appraised for $375k. Minutes from MetroHealth, downtown Cleveland, and the West Side Market, this property benefits from consistent year-round demand that keeps vacancy low and rents rising. Run both units, house-hack while your tenant covers the mortgage, or plug into a proven STR market from day one. Two income streams, one address, zero deferred maintenance. Schedule your private tour today.

Additional Information

Taxes
$2,807
Acres
0.17
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Baseboard, Other
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Gabriel Newberry, gabriel@lokalrealestate.com With Lokal Real Estate, LLC.

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