Cleveland, OH 44105,8204 Vineyard AVE
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Cleveland, OH 44105,8204 Vineyard AVE
Cleveland, OH 44105,8204 Vineyard AVE
Cleveland, OH 44105,8204 Vineyard AVE
Cleveland, OH 44105,8204 Vineyard AVE

$176,500

Est. payment /mo

$196,000

9.9%
Est.Price: ?

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8204 Vineyard AVE Cleveland, OH 44105

5 Beds

2 Baths

2,113 SqFt

SOLD DATE : 08/01/2025

Key Details

Sold Price $176,500

Property Type Single Family Home

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,113 sqft

Price per Sqft $83

Subdivision David & Judsons Allotment

MLS Listing ID 5135092

Sold Date 08/01/25

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,113

Total Fin. Sqft 2113

Year Built 1924

Annual Tax Amount $2,727

Tax Year 2024

Lot Size 5,741 Sqft

Acres 0.1318

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS: HUGE-CASHFLOW TURNKEY DUPLEX — ALMOST $2,700/MO, 100% SECTION 8 SPLIT! Check out the DSCR ratio and cap rate! Excellent returns!

Fully stabilized, rehabbed duplex bringing in $2,693/mo through CMHA Section 8 — $1,185 (lower) and $1,508 (upper). Both units are fully occupied with quiet, cooperative tenants and 100% of rent paid by CMHA on each — no tenant portion due. Cashflow from day one, no placement risk, no payment delays.

Located in Cleveland but pulling Garfield Height-level rents, this property combines high returns with low Cleveland property taxes and no Point-of-Sale (POS) compliance, a rare setup that directly improves margins.

MASSIVE CAPEX already completed: Brand new roof, new electrical panel and upgraded disconnect (permitted and city approved), new separate electric meters (expensive to install, but huge value in duplexes), new high-efficiency dual pane vinyl windows, new bathrooms, fresh paint, and sewer lines hydro-jetted clean.

LEASE BASED PAINT TESTING HAS BEEN COMPLETED AND PASSED!

There's also potential value-add in the basement with space for an additional bedroom, offering even more rent upside.

This is a true plug-and-play asset. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel!

Strong lease is transferrable and very owner-protective.

PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.

Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Window Features Double Pane Windows

Appliance Range, Refrigerator

Laundry In Basement

Exterior

Parking Features Attached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Shingle

Garage true

Private Pool No

Building

Story 2

Entry Level Two

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 134-23-021

Financing Cash

Special Listing Condition Standard

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Listed by Scott A Marvin • Team Results Realty • 614-382-2124, scottamarvin@gmail.com
Bought with Jennifer R Woomer • VSD Realty, LLC.
agent

Sheena Sellitti Dunham

Broker | License ID: WVB190300511

+1(304) 914-0330

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