1238 E 145th Street, East Cleveland, OH 44112 (MLS # 5190350)

Photo for 1238 E 145th Street, East Cleveland, OH 44112 (MLS # 5190350)

Price	$40,000
Status	Active
Beds	4
Baths	2 Baths
Home size	1,992 sqft
Lot Size	3,886 sqft
Days on Market	1

Major value-add duplex opportunity in East Cleveland featuring two 2-bedroom, 1-bath units, each offering a traditional layout with living room, dining room, and kitchen. The property has sustained significant water damage due to burst pipes and requires a full renovation. This is a substantial project suited for experienced investors prepared to complete a comprehensive rehab. Once restored, renovated duplexes in the area are supporting values of $150,000 or more. Estimated renovation costs are approximately $80,000, presenting an opportunity to create equity through improvements. For investors evaluating long-term rental strategy, current CMHA payment standards for two-bedroom units in the 44112 zip code are approximately $1,050 per unit per month. Upon full rehabilitation and approval for occupancy, the property has the potential to generate gross annual rental income exceeding $25,000 based on two units. The property is being sold as-is. Due to the condition of the home, liability waivers will be required prior to entry. Cash or renovation financing only. Seller will not permit assignment of the contract. Serious, qualified investors encouraged to inquire.

Tiny photo for 1238 E 145th Street, East Cleveland, OH 44112 (MLS # 5190350)

Property Type(s): Multi Family

Last Updated	3/3/2026	Tract	Doan/Joseph Laronges
Year Built	1916	County	Cuyahoga

Additional Details

AIR	None
BASEMENT	Yes
CONSTRUCTION	Wood Siding
HEAT	Forced Air
LOT	3886 sq ft
PARKING	Other
SEWER	Public Sewer
STORIES	2
SUBDIVISION	Doan/Joseph Laronges
TAXES	1435
WATER	Public

Location

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Listing provided by: Megan Gordon | 216-392-8075, Keller Williams Citywide, megangordon@kw.com, 216-392-8075

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