1204 Ansel RoadCleveland, OH 44108

1204 Ansel RoadCleveland, OH 44108

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$274,900 Active
Multi Unit - Multiple MLS 5204169
8 beds 3 full baths 2,658 sqft

Listed By

Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: irisewheeler@gmail.com, 216-536-8597

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Offering a strong investment opportunity with immediate income with this side-by-side Duplex! One unit is already occupied (tenant in place for over 20 years rent $1558 m-t-m lease), providing steady rental income from day one, while the second unit has been updated and is move-in ready for a new tenant (advertised for rent at $1600). Both units are very spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms while one unit includes 2 full bathrooms and the other offers 1 bathroom. The updated unit showcases neutral finishes and has an additional bonus room. Ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, this property offers exceptional convenience for tenants. Easy access to public transportation makes commuting simple, adding to the strong rental appeal of this investment. Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor's portfolio. No seller financing

1204 Ansel Road | MLS# 5204169

This multi-family property located at 1204 Ansel Road, Cleveland, OH 44108 is currently listed for sale with an asking price of $274,900. Ansel Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partially Finished
Basement: Yes
Cooling: Ceiling Fan(s)
Days on Market: 1
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $920 / year
Year Built: 1910

Feature Descriptions

Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Exterior: Aluminum Siding
Laundry: In Basement
Parcel#: 107-11-026
Parking: Concrete, On Site, Off Street
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1204 Ansel Road, Cleveland, OH 44108
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,568.65 per month $1,411.81 Principal & Interest $76.67 Property Tax $80.18 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage