5816 Madison, Cleveland, OH 44102

Local realty services provided by:Better Homes and Gardens Real Estate Central
5816 Madison,Cleveland, OH 44102
$249,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Aug 17
    12:00 pm - 02:00 pm
Listed by:michael l anter
Office:jamm real estate co.
MLS#:5146476
Source:OH_NORMLS

Price summary

  • Price:$249,000

About this home

Welcome to 5816 Madison Ave, an updated duplex with long-term upside potential, whether you are an investor or an owner occupant looking for rental income to offset your mortgage. This solid property features two well-maintained units, each currently leased - the downstairs at $994 and the upstairs at $1,030/month. Upgrades include vinyl plank flooring, updated cabinetry, and baths. First floor unit includes a separate dining room. Second floor unit includes a very large walk-in closet. Updated roof. Deep lot, grassy and tree-shaded with fenced-in side and back yards and 4 parking spots. Located on a quiet street with new development in a desirable neighborhood with easy access to transit, shopping, and local amenities. Professional property management in place. Don't let this opportunity pass you by!

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Home facts

  • Year built:1900
  • Listing Id #:5146476
  • Added:2 day(s) ago
  • Updated:August 16, 2025 at 02:12 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1900
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,000
  • Tax amount:$4,849 (2024)
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