12904 Thornhurst Avenue
Property Description
Expand your investment portfolio with this spacious duplex! Offering a total of 6 bedrooms across two generously sized units, this property presents an excellent opportunity for investors looking to generate immediate rental income! The lower unit features 2 bedrooms & 1 full bathroom, while the expansive upper unit offers 4 bedrooms & 1.5 bathrooms. Both units feature spacious living rooms, functional kitchens with adjoining dining areas, & comfortable layouts designed for everyday living. The basement provides additional storage space & future value-add potential. Plus a detached 2-car garage. The lower unit is currently tenant-occupied, generating $1,043 per month, including a $225 utility charge. The tenant has been in place since June 2025 & has remained on a month-to-month lease since June 2026, providing an established income stream. Meanwhile, the upper unit was previously occupied by a Section 8 tenant for approximately 6 years & is now ready for its next chapter. With cosmetic updates, this spacious 4-bedroom unit offers significant rental upside, with comparable rents estimated at $1,500+ per month. Conveniently situated in Garfield Heights, the property offers easy access to I-480 & I-77, providing convenient connections throughout the Greater Cleveland area. Just minutes from Garfield Park Reservation & within reach of Select Specialty Hospital - Cleveland Fairhill, the location also offers proximity to major roadways, public transportation, shopping centers, schools, parks, restaurants, & everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don't miss this rare opportunity to acquire this duplex with existing rental income, substantial value-add potential, & room for increased cash flow! No wholesalers. No Seller financing. No low ball offers.
Broker Details
RE/MAX Haven Realty (216) 332-0456
MLS ID: 2014004734 State License Number: 2014004734
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $109,000 |
| Year Built: | 1923 |
| Lot Size: | 1,976.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5260128
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout