Fantastic investment opportunity in Cleveland's desirable Collinwood neighborhood, conveniently located near Memorial Elementary School. This well-maintained duplex features two spacious units, each offering 2 bedrooms, updated bathrooms, and comfortable living spaces. One unit is already leased at $1,200 per month, providing immediate income for the new owner. Numerous recent updates include newer flooring, windows, high-efficiency furnaces, hot water tanks less than one year old, and central air conditioning units less than one year old. Additional improvements include newer exterior paint and updated decks, enhancing both curb appeal and tenant enjoyment. 2 Washers and dryers convey with the property, adding value and convenience for tenants. Third floor is partially finished. Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking rental income, this turnkey duplex offers strong cash-flow potential and low-maintenance ownership. Conveniently located near schools, shopping, parks, and major transportation routes.
North Shore Collinwood, located between Euclid Beach Park and the Lake Erie shoreline, is a residential and lakeside Cleveland neighborhood with a bluff-top parkland edge and a grid of early-20th-century houses. The neighborhood’s character concentrates around the E 185th St and Lakeshore Blvd corridor, where corner storefronts, takeout counters, and everyday services line the street near the lake breeze. Euclid Beach Park anchors the waterfront with broad lawns and lake views tied to the area’s amusement-park past. The Waterloo Arts District adds a creative counterpoint through Beachland Ballroom and the Cleveland Public Theatre. Streets of porches and compact yards set a steady, lived-in rhythm, while lakefront paths and pocket parks shape daily routines.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Unfinished basement
Bedrooms
Two 2-bedroom units (each unit has 2 bedrooms)
Bathrooms
Two full bathrooms (one in each unit)
Kitchen
Range
Refrigerator
Dishwasher
Laundry & utility
Washer
Dryer
Heating & cooling
Central air conditioning
Forced air heating
Exterior features
Driveway
Home design
2-story multi-unit building
Parking
Driveway parking
Construction
Wood siding
Asphalt roof
Utilities
Public water
Public sewer
Financial info
One building with multiple units
One unit currently leased with actual rent listed at $1,200
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment Opportunity, 2 bedrooms each unit, bath, living & dining room, kitchen, full basement. Priced to sell. Call for showing appt. This property is sold As Is. Owner will review all offers!
Public Records
Oct 25, 2007
Sold
$102,000
MLSNOW #2364297
Jun 29, 2007
Sold
$13,500
Mar 29, 2007
Listed
$13,500
Bank Owned. Buyers Must Be Pre-qualified. Letter Of Approval Or Proof Of Funds Must Be Faxed With All Offers. Property Selling 'as Is' With No Repairs From Sellers.
Public Records
Jun 7, 2004
Sold
$90,000
MLSNOW #2055093
Dec 6, 2002
Sold
$44,900
Oct 2, 2002
Listed
$44,900
MLSNOW #906127
Sep 16, 1998
Listing Removed
—
Mar 16, 1998
Listed
$65,000
MLSNOW #645967
Aug 19, 1994
Listing Removed
—
Oct 6, 1993
Listed
$52,000
MLSNOW #644834
Mar 4, 1994
Listing Removed
—
Sep 30, 1993
Listed
$53,900
Public Records
Aug 17, 1989
Sold
$44,500
Public Records
Dec 28, 1982
Sold
$31,900
Year
Property tax
Land + Additions
Assessment*
2025
$1,217
$5,110 + $13,090
$18,200
2024
$1,217 (+45.2%)
$5,110 + $13,090
$18,200
2023
$838 (+156.5%)
$1,790 + $2,450
$4,240
2022
$327 (−65.2%)
$1,790 + $2,450
$4,240
2021
$939 (+185.6%)
$1,790 + $2,450
$4,240
2020
$329 (+8.0%)
$1,580 + $2,140
$3,720
2019
$304 (−68.3%)
$1,580 + $2,140
$3,720
2018
$961 (+165.5%)
$1,580 + $2,140
$3,720
2017
$362 (+0.8%)
$1,650 + $2,630
$4,280
2016
$359 (+0.3%)
$1,650 + $2,630
$4,280
2015
$358 (−12.7%)
$1,650 + $2,630
$4,280
2014
$410
$1,890 + $3,010
$4,900
Public record
Beds
4
Baths
2
Stories
2
Lot width
35 ft.
Lot depth
120 ft.
Lot size
4,200 Sq. Ft.
Year renovated
1952
Finished Sq. Ft.
2,200
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,200
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
11220023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 3, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44110
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
65
82
69
79
65
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 398 E 149th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $95,000 and $160,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $95K to $160K.