2221 E 76th Street, Cleveland, OH 44103
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:kim lewis
Office:home equity realty group
MLS#:5162779
Source:OH_NORMLS
Price summary
- Price:$125,000
About this home
2221–2223 E 76th St, Cleveland, OH 44103 – Duplex + Single-Family | Value-Add Opportunity | Part of 4-Property Investment Package
Excellent value-add investment opportunity located on Cleveland’s east side. This offering includes (2) properties on one parcel: a single-family home at 2223 E 76th and a duplex at 2221 E 76th, providing multiple paths for strong cash flow once stabilized.
The 2223 E 76th single-family home was most recently occupied at the end of 2024, bringing in $1,500 per month through the EDEN program, demonstrating strong rent potential in this market. The unit is currently vacant and needs minor make-ready work to return to rent-ready condition.
The 2221 E 76th duplex features (2) 2-bedroom units and requires a full renovation before occupancy. This property is ideal for investors comfortable with renovation projects seeking to maximize equity and long-term return. Buyers are advised to review the City of Cleveland violation list included in the supplements for a full understanding of the required repairs.
This property is being sold as part of a 4-property investment package, which includes a mix of income-producing and value-add assets across proven rental markets. The seller has completed full inspections on all four properties, and the portfolio’s pricing already factors in renovation costs — positioning the entire package to deliver 8–12% cap rates at 75–90% of HUD Fair Market Rent.
Property Highlights:
(1) 4BD Single-Family + (1) Duplex (2 × 2BD Units)
2223 E 76th – Rent-Ready Refresh | Last Rented at $1,500/mo (EDEN)
2221 E 76th – Full Rehab Required | Violations Posted (See Supplements)
Strong EDEN/Section 8 Rent Area | Consistent Tenant Demand
Part of a 4-Property Package | 8–12% Pro Forma Cap Rate Range
Seller-Motivated | Inspections Completed on All Properties
Ideal for value-driven investors seeking both cash-flow potential and equity growth within a diversified Cleveland portfolio.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:5162779
- Added:2 day(s) ago
- Updated:October 10, 2025 at 02:16 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Lot area:0.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$125,000
- Tax amount:$1,287 (2024)
New listings near 2221 E 76th Street
- New
$79,000Active3 beds 1 baths1,529 sq. ft.4346 E 77 Street, Cleveland, OH 44105
MLS# 5163318Listed by: EXP REALTY, LLC. - New
$259,000Active2 beds 2 baths1,241 sq. ft.2222 Detroit Avenue #811, Cleveland, OH 44113
MLS# 5163625Listed by: BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY - New
$79,900Active5 beds 2 baths3219 W 33rd Street, Cleveland, OH 44109
MLS# 5163621Listed by: BHR & ASSOCIATES - Open Sun, 11am to 2pmNew
$725,000Active3 beds 4 baths3,150 sq. ft.2478 W 6th Street, Cleveland, OH 44113
MLS# 5163113Listed by: JAMM REAL ESTATE CO. - New
$139,900Active4 beds 2 baths1,824 sq. ft.13706 Eaglesmere Avenue, Cleveland, OH 44110
MLS# 5163610Listed by: RE/MAX ABOVE & BEYOND - New
$109,900Active3 beds 1 baths1,008 sq. ft.4244 E 177th Place, Cleveland, OH 44128
MLS# 5163311Listed by: ON TARGET REALTY, INC. - New
$114,900Active4 beds 3 baths1261 E 167th Street, Cleveland, OH 44110
MLS# 5163530Listed by: HOMESMART REAL ESTATE MOMENTUM LLC - New
$249,000Active5 beds 3 baths1,596 sq. ft.14128 Lakota Avenue, Cleveland, OH 44111
MLS# 5163572Listed by: CITIFY - New
$69,900Active4 beds 2 baths2,152 sq. ft.6721 Edna Avenue, Cleveland, OH 44103
MLS# 5162250Listed by: PROGRESSIVE URBAN REAL ESTATE CO - New
$179,900Active3 beds 1 baths1,189 sq. ft.3718 W 116th Street, Cleveland, OH 44111
MLS# 5163553Listed by: RE/MAX HAVEN REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.