Excellent duplex investment opportunity priced to move offering AS IS! Strong rental potential and a solid layout make this a great addition to an investment portfolio or an ideal first multifamily purchase. Potential rental income up to approximately $1,200 per unit depending on setup and market conditions. Conveniently located near South Collinwood and just minutes from Cleveland Heights, with easy access to major routes, shopping, dining, and employment centers. Buyer has the option to purchase AS IS at the current price or increase the purchase price by $8,500 for the seller to install two new furnaces and two new hot water tanks prior to closing. Three dimensional Matterport tour available by request, making it easy to explore the property remotely. Seller may also be open to selling an additional duplex or larger multi property package for investors looking to scale their portfolio. Great opportunity to add value, build cash flow, and secure a multifamily property at an attractive price point. Reach out today for details and access to the virtual tour.
Collinwood-Nottingham, located between Euclid and Glenville, is a lakeside and residential Cleveland neighborhood with a rail-and-industry legacy and a long shoreline edge. The neighborhood’s character concentrates around the Waterloo Arts District near Waterloo Rd and E 156th St, where galleries, small music rooms, and maker-style storefronts line the blocks. Pillar venues include Beachland Ballroom & Tavern, Waterloo Arts, and the Slovenian National Home. Housing stock mixes early-20th-century frame houses and brick doubles with compact commercial strips. Lake Erie parks and marinas shape daily rhythms, while freight lines and wide arterials give the streets a working-city scale.
Provided by Walk Score and Local Logic
Offer insights
987 Evangeline Rd · $118,000
$118K and above
75% chance or better to win
Why $118K+ is a strong offer
DAYS ON MARKET
256 days
The average home goes pending in 39 days.
SALE-TO-LIST
96.5%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Common basement
Bedrooms
Two 2-bedroom units (both currently vacant)
Bathrooms
Each unit has 1 full bathroom (2 full bathrooms total)
Laundry & utility
Common area laundry
Heating & cooling
Forced air gas heating
Wall cooling units
Exterior features
Unpaved parking area
Small lot (approx. 0.0916 acres)
Home design
Two-story multifamily building
One building on the lot
Parking
Attached or on-site garage with 2 spaces
Unpaved parking areas
Construction
Wood siding
Asphalt/fiberglass roof
Utilities
Public water
Public sewer
Financial info
Owner pays water and sewer
Electricity and solar
View estimated energy costs and solar savings for this home
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 95° 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
64
82
70
78
64
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 2% for direct sun exposure in Cleveland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 987 Evangeline Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $90,000 and $200,001.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $90K to $200K.