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10103 Lamontier Avenue, Cleveland, OH 44104

$165,000
  • 10103 Lamontier Avenue, Cleveland, OH 44104 Main Photo
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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET1,754 MLS#5219744
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCleveland Municipal - 1809

Property Description

Portfolio builders and out-of-state investors: look no further for a high-performing, low-maintenance addition to your real estate portfolio. This up-and-down Cleveland duplex is the ultimate hands-off investment property, offering heavy capital improvements, Lead Paint Certified status for ultimate peace of mind, and an unbeatable rent-to-value ratio. The upper unit is already optimized for immediate, reliable cash flow, actively rented through October 30th, 2026, for $1,100 per month with top-tier Professional Property Management already in place. The expensive, big-ticket mechanical and structural items are completely done. The property features a new roof (2022), durable vinyl siding, and all-newer energy-efficient windows. Downstairs, the basement infrastructure is entirely refreshed with updated plumbing, updated electrical, two newer furnaces, updated ductwork, and two newer hot water tanks, ensuring hassle-free, separate utility management for your tenants with strong Section 8 potential. While the upstairs unit provides reliable, in-place returns from day one, the downstairs unit sits vacant, beautifully remodeled, and rent-ready to command top market value. It features brand-new drywall, fresh neutral paint, durable flooring, and modern fixtures, anchored by a fully remodeled kitchen featuring a 2022 appliance package?including a refrigerator, oven, and microwave?and a crisp, updated full bath. Perfectly situated in Woodland Hills just minutes from a major hospital system, this location guarantees consistent rental demand from healthcare workers and long-term local residents alike. With the heavy lifting already completed, lead certification secured, appliances in place, professional management established, and a vacant unit ready to be filled immediately, this turnkey cash cow is ready for you to acquire today and collect tomorrow. Schedule your showing before this seamless investment is gone!

10103 Lamontier Avenue | MLS# 5219744

This multi-family property located at 10103 Lamontier Avenue, Cleveland, OH 44104 is currently listed for sale with an asking price of $165,000. Lamontier Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kremerrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,529 / year
Year Built: 1920

Feature Descriptions

Appliances: Microwave, Range, Refrigerator
Days on Site: 1
Exterior: Vinyl Siding
Parcel#: 128-13-105
Parking: Driveway, Paved
Security: Security System, Smoke Detector(s)
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Crossroads Properties
Agency Contact: victoriawallis@remax.net, 330-819-8216

Shown By

Agency Title: Kremer Realty, Inc
Agency Phone: (330) 686-2400

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Estimated Payment

$ 626.09 per month $367.22 Principal & Interest $210.75 Property Tax $48.13 Homeowner's Insurance

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