8415 Detroit Avenue, Cleveland, OH 44102

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
8415 Detroit Avenue,Cleveland, OH 44102
$249,900
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  • 8 Beds
  • 4 Baths
  • 2,219 sq. ft.
  • Multi-family
  • Active
Listed by: seth b task
Office: berkshire hathaway homeservices professional realty
MLS#:5228504
Source:OH_NORMLS

Price summary

  • Price:$249,900
  • Price per sq. ft.:$112.62

About this home

Rare Detroit Shoreway value-add opportunity with immediate income and substantial upside. Public records identify the property as a duplex, while three units are currently registered with the City, fully occupied, and generating strong cash flow. The second- and third-floor units were renovated within the past three years, leaving a clear path to increased returns through remodeling the first-floor unit and separately metering gas and electric. The basement was previously occupied as a fourth unit but requires proper egress. Ownership obtained pricing below $5,000 for an egress window, creating the potential to complete this and pursue registration of an additional unit, subject to City approval. Projections show an 11.41% cash return after planned improvements. Ideally located near Gordon Square, Edgewater, Lakewood, dining, entertainment, and major commuter routes. Ownership is simply reallocating capital and passing on the potential as an exceptional opportunity for the next...

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Home facts

  • Year built:1910
  • Subdivision & Development:James F Rhodes Allotment
  • Listing ID #:5228504
  • Added:1 day(s) ago
  • Updated:July 30, 2026 at 04:49 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:11
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Finished, Partially Furnished
  • Living area:2,219 sq. ft.

Heating and cooling

  • Heating:Dual System, Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1910
  • Building area:2,219 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$112.62
  • Tax amount:$5,245 (2025)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:Detached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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