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5 Beds
3 Baths
2,753 sqft

$155,300

10121 Parkgate Avenue, Cleveland OH, 44108

Price per sqft$56.41
Built in1911
Property size2,753 sqft
Property typeMulti-family

Overview

Active

Listed Sep 12, 2026

Updated 2 weeks ago

Fully occupied and income-producing duplex offering 6 bedrooms with potential to convert the third floor into an additional rental unit. Both existing apartments are currently rented for a combined $1975/month, with clean, reliable tenants who pay on time. Recent improvements include two new gas furnaces, LVP flooring throughout, updated plumbing, new vinyl windows on the 2nd floor, completed 25-year lead inspection, rental registration, and furnace certifications. Both units also feature basement laundry hookups with additional storage space for tenants. The first-floor unit offers 2 bedrooms and 1 full bath, featuring a spacious open living room flowing into the formal dining room, two generously sized bedrooms, and a full bath. This unit has been renovated with fresh paint, updated lighting, LVP flooring, a new gas furnace, updated plumbing, and more. The dining room light fixture shown in the photos has also been upgraded. The second-floor unit offers 3 bedrooms and 2 full bath with beautiful original hardwood woodwork throughout. Updates include new LVP flooring, gas furnace, plumbing, lighting, and fresh paint. The third floor has new flooring. This space presents an opportunity to add another rental unit and increase future income, subject to buyer verification and applicable requirements. Smoke-free property with strong rental history and excellent income potential.

$1,033/mo

Est. mortgage payment based on a $155,300 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5243885

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$1,209
Tax Frequency
Annually

Courtesy of Keller Williams Greater Metropolitan

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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