LKV Realty
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$249,900
$1,150Reward *
8415 Detroit Avenue, Cleveland, OH 44102Listing ID 5228504

8415 Detroit Avenue, Cleveland, OH 44102

Active
James F Rhodes Allotment
Time on site: 19 daysLast updated: Jul 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
2,219
Acres
Acres
0.14
Days on Site
Days on Site
18
Cooling
Cooling
None
Heating
Heating
Dual System, Forced Air
Year Built
Year Built
1910
Stories
Stories
3
Garages
Garages
2
Parking
Parking
Driveway, Detached, Garage, Unpaved

Rare Detroit Shoreway value-add opportunity with immediate income and substantial upside. Public records identify the property as a duplex, while three units are currently registered with the City, fully occupied, and generating strong cash flow. The second- and third-floor units were renovated within the past three years, leaving a clear path to increased returns through remodeling the first-floor unit and separately metering gas and electric. The basement was previously occupied as a fourth unit but requires proper egress. Ownership obtained pricing below $5,000 for an egress window, creating the potential to complete this and pursue registration of an additional unit, subject to City approval. Projections show an 11.41% cash return after planned improvements. Ideally located near Gordon Square, Edgewater, Lakewood, dining, entertainment, and major commuter routes. Ownership is simply reallocating capital and passing on the potential as an exceptional opportunity for the next investor to capture the upside.

Property Information

Property Details

Location

Address
8415 Detroit Avenue
County
Cuyahoga
City
Cleveland
Zip Code
44102
Subdivision
James F Rhodes Allotment
School District
Cleveland Municipal - 1809

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
4

Building

Building Information

Square Feet
2,219
Year Built
1910
Stories
3
Construction
Vinyl Siding
Roof
Asphalt, Fiberglass

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$5,245
Tax Year
2025
Berkshire Hathaway HomeServices Professional Realty, (440) 266-8085

Market Report for 44102

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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