1550 Belmar Road, Cleveland, OH 44118

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
1550 Belmar Road,East Cleveland, OH 44118
$249,999
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  • 8 Beds
  • 2 Baths
  • 4,402 sq. ft.
  • Multi-family
  • Active
Listed by: erin thomas
Office: keller williams living
MLS#:5252078
Source:OH_NORMLS

Price summary

  • Price:$249,999
  • Price per sq. ft.:$56.79

About this home

Income potential exceeding $4,000 per month near Coventry Village! This vacant duplex offers 8-9 bedrooms across two spacious units. The lower unit features 3 bedrooms with potential for a fourth and was previously leased through CMHA at $1,900 per month, with current published voucher rent of approximately $2,160. The upper unit offers 5 bedrooms across two levels and was previously leased for $2,460 per month, generating combined historical rents of $4,360 monthly. Both units are rent ready with appliances included. Recent improvements include exterior paint, unit updates, flooring, plumbing, upgraded electrical, new furnace, new central air, and newer water heaters. Located just uphill from Coventry Village in a residential neighborhood bordering Cleveland Heights, with convenient access to shopping, dining, and amenities. Similar properties just a few blocks away have sold at over 350k. The street is undergoing a makeover with 2 nearby properties also being flipped.

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Home facts

  • Year built:1922
  • Subdivision & Development:Rapid Transit Land Cos 07
  • Listing ID #:5252078
  • Added:1 day(s) ago
  • Updated:November 05, 2026 at 12:47 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:17
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:4,402 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Tile
  • Year built:1922
  • Building area:4,402 sq. ft.
  • Lot area:0.13 Acres
  • Levels:3 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,999
  • Price per sq. ft.:$56.79
  • Tax amount:$1,233 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer
  • Laundry features:Washer

Parking

  • Parking description:Driveway
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