Fantastic investment or owner-occupant opportunity in Cleveland's growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd offers immediate rental potential with many major updates already completed, plus additional upside for increased value. Recent improvements include new flooring and fresh paint, appliances in every unit, and a washer-and-dryer hookup in the rear unit for added tenant convenience. Big-ticket mechanical updates provide peace of mind with two new hot water tanks, and one new furnace. The basement has been freshly painted, new gutters have been installed, the garage roof was replaced last year, and new porch columns and banisters enhance both curb appeal and safety. Conveniently located near downtown Cleveland, hospitals, universities, and major highways, this property combines strong fundamentals, low-maintenance updates, and value-add opportunity. Whether you're expanding your portfolio or house hacking your next home, this one checks all the boxes. Turnkey with upside ? don't miss out!
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: janet.hayward@kw.com, 216-647-8204
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimated Payment
$ 531.25 per month $398.38 Principal & Interest $80.67 Property Tax $52.21 Homeowner's Insurance
1161 Norwood Road | MLS# 5185442
This multi-family property located at 1161 Norwood Road, Cleveland, OH 44103 is currently listed for sale with an asking price of $179,000. Norwood Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.progressiveurban.com today.