This updated two-family home is an excellent income-producing property, fully occupied and generating $1,903 per month. The upstairs 2-bed/1-bath unit has been completely renovated with fresh paint, new flooring and carpeting, reglazed finishes, and a modernized bathroom. Section 8 tenant currently pays $1,078/month. The downstairs 2-bed/1-bath unit is also updated with new fixtures, added living room lighting, new carpeting, a freshly painted basement, and repainted porches. Current rent is $825/month. With reliable tenants already in place, full occupancy, and Section 8 approval, this property offers consistent cash flow, low-maintenance updates, and strong long-term potential. No showings will be scheduled until an offer is accepted.
Multi-familyProperty Type
1929Year Built
3,998 sq ftLot Size
$67Price/Sq.Ft.
1 spaceParking
Listed by Darryl Jolly• Keller Williams Chervenic Rlty
Investors - this is your chance to add a half occupied duplex to your portfolio. The flexibility offered here is great - you can place your own tenant upstairs and start collecting cash right away due the occupancy of the lower tenant. You could also live in one unit and continue to rent out the other for added versatility. The lower tenant pays $500/month on a month to month term. The upper unit was recently vacated and is ready to clean and place tenants! Don't miss out and schedule a showing now!
MLSNOW #5008062
Mar 4, 2024
Sold
$80,000
$40/sq ft
Jan 16, 2024
Pending
—
Dec 21, 2023
Listed
$82,500
$41/sq ft
+14
Build your portfolio with this partially occupied duplex! The property has 2 units, each with 2 bedrooms and 1 bath. The down unit rents for $650/month on a month to month lease. The up unit is vacant and rent ready! Each unit has a covered front porch, there is a shared full basement and a driveway for off-street parking. Located with easy access to highways, close to downtown, University Circle, food and more! Great opportunity to add a multi-family property to your rental portfolio!
Public Records
Apr 8, 2022
Sold
$46,000
$23/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,078
$3,190 + $12,920
$16,110
2024
$1,077 (−29.7%)
$3,190 + $12,920
$16,110
2023
$1,532 (+82.5%)
$1,890 + $9,000
$10,890
2022
$839 (+0.9%)
$1,890 + $9,000
$10,890
2021
$832 (+5.4%)
$1,890 + $9,000
$10,890
2020
$789 (+8.0%)
$1,540 + $7,390
$8,930
2019
$731 (+0.3%)
$1,540 + $7,390
$8,930
2018
$728 (−43.6%)
$1,540 + $7,390
$8,930
2017
$1,290 (+0.8%)
$2,660 + $12,600
$15,260
2016
$1,280
$2,660 + $12,600
$15,260
2015
$1,279 (−9.8%)
$2,660 + $12,600
$15,260
2014
$1,418
$2,940 + $14,000
$16,940
Tax history for 417 Arbor Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,078
$3,190 + $12,920
$16,110
2024
$1,077 (−29.7%)
$3,190 + $12,920
$16,110
2023
$1,532 (+82.5%)
$1,890 + $9,000
$10,890
2022
$839 (+0.9%)
$1,890 + $9,000
$10,890
2021
$832 (+5.4%)
$1,890 + $9,000
$10,890
2020
$789 (+8.0%)
$1,540 + $7,390
$8,930
2019
$731 (+0.3%)
$1,540 + $7,390
$8,930
2018
$728 (−43.6%)
$1,540 + $7,390
$8,930
2017
$1,290 (+0.8%)
$2,660 + $12,600
$15,260
2016
$1,280
$2,660 + $12,600
$15,260
2015
$1,279 (−9.8%)
$2,660 + $12,600
$15,260
2014
$1,418
$2,940 + $14,000
$16,940
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
2
Lot width
40 ft.
Lot depth
100 ft.
Lot size
4,000 Sq. Ft.
Year renovated
1952
Sq. Ft.
2,016
Year built
1929
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
11118055
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Feb 10, 2016 • Final
Res electrical
Remove existing fuse boxes and upgrade the electrical service to a one hundred amp system.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.