11421 Headley AvenueCleveland, OH 44111

11421 Headley AvenueCleveland, OH 44111

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$179,900 Active
Multi Unit - Multiple MLS 5185689
4 beds 2 full baths 2,266 sqft
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Listed By

Agency Name: Keller Williams Living
Agency Contact: 330-990-3744

Shown By

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

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Property Description

Turnkey duplex opportunity for investors seeking immediate cash flow with future upside. This vinyl-sided property features two occupied units with solid, long-term tenants currently paying $929 and $795 per month, generating $1,724 in gross monthly income. Priced at $179,900, this asset sits right in line with neighborhood sales, offering a stable entry point with room to increase rents over time. Both units are well maintained, and the property has proven rental performance. Opportunity exists to improve returns through strategic unit refreshes and rent adjustments as leases turn. Strong rental demand area with consistent tenant occupancy. Whether you're building your portfolio or completing a 1031 exchange, this is a reliable income-producing property with long-term appreciation and value-add potential. Do NOT disturb tenants or approach property. Reliable local property management in place for a seamless transition to your portfolio.

11421 Headley Avenue | MLS# 5185689

This multi-family property located at 11421 Headley Avenue, Cleveland, OH 44111 is currently listed for sale with an asking price of $179,900. Headley Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 7
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,857 / year
Year Built: 1920

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 018-06-095
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 11421 Headley Avenue, Cleveland, OH 44111
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
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

$ 1,251.62 per month $877.73 Principal & Interest $321.42 Property Tax $52.47 Homeowner's Insurance

Change Payment Information

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