16523 Kipling Avenue

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Address: 16523 Kipling Ave, Cleveland, OH 44110, USA
Chicago & Midwest + Apartment Buildings
Created date: January 21, 2026
Date last updated: September 13, 2026
Price: $89,000Investment Analyzer NEW!

Property Description

Cash-Flowing Duplex | Fully Rented | Priced to Sell Multi family investment opportunity at an excellent entry price. This fully rented duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom. With gross rents of $1,490/month, this property is already cash flowing from day one. Both units are well laid out with generous room sizes, making them attractive and easy to keep rented. The property is 100% occupied, providing immediate income with no lease-up period required. Offered at just $89,000, this is a rare chance to secure a low-cost, income-producing asset in Cleveland-ideal for local or out-of-state investors looking to expand their portfolio with minimal upfront capital. Highlights: Fully rented duplex 2 beds / 1 bath per unit Spacious layouts tenants appreciate Low purchase price = strong ROI potential Ideal for buy-and-hold investors Affordable and easy to manage-this is the kind of deal investors are always looking for. Do not miss this opportunity. Seller prefers to sell as a package with 1377 E 66th St, Cleveland, OH 44103

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $89,000
Year Built: 1920
Lot Size: 1,536.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 16523 Kipling Avenue, Cleveland, OH 44110, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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