5911 Ira Avenue

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Address: 5911 Ira Ave, Cleveland, OH 44144, USA
Chicago & Midwest + Apartment Buildings
Created date: September 18, 2026
Date last updated: September 22, 2026
Price: $205,000Investment Analyzer NEW!

Property Description

Turnkey Investment Duplex - Prime Cleveland Location Near Ridge Park Square. Great opportunity to add an income-producing duplex to your investment portfolio! Conveniently located directly across from Ridge Park Square with quick access to I-480, shopping, restaurants, and other nearby amenities. Both units are currently occupied by tenants under active leases, providing immediate rental income for the next owner. Major recent improvements include: brand-new tare off roof, new windows throughout, new hot water tanks, and storm drain plumbing. The upper unit has been fully remodeled and features an updated kitchen, new flooring, finishes, and appliances. The lower unit is tenant-occupied and has not been updated in approximately five years, offering potential for future improvements and additional value. The current lower tenant owns their appliances. Additional features include a detached two-car garage and off-street parking, convenient access to I-480 /Downtown, across from Ridge Park Square, and close to shopping, dining, and everyday amenities. Whether you're an experienced investor looking to expand your portfolio or purchasing your first rental property, this duplex offers a strong combination of existing rental income, major property improvements, convenient location, and future value-add potential. A great opportunity to own an income-producing Cleveland duplex with many of the major improvements already completed just before the Holidays! Make an appointment today, seller will look at all offers!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $205,000
Year Built: 1986
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 5911 Ira Avenue, Cleveland, OH 44144, USA
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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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