Property
Beds
8
Full Baths
2
1/2 Baths
2
Year Built
1943
Sq.Footage
2,594
Stunning Renovated Duplex in the Heart of Cleveland Heights! Welcome to 3156 E Derbyshire Rd, a turnkey 3,200+ sq ft side-by-side duplex just minutes from the vibrant Cedar-Lee District. Each unit offers 4 spacious bedrooms, 1.5 updated bathrooms, and 3 levels of finished living space, perfect for multi-generational living, house hacking, or long-term investment. This fully updated property features brand-new kitchens and baths, new vinyl and carpet flooring, central air, updated electrical, and a newer roof with fresh gutters (2023) delivering low-maintenance ownership from day one. Perfect for investors OR owner-occupants looking to house-hack live in one side and rent out the other Investors will appreciate the reliable cash flow and 5%+ cap rate with built-in upside. Owner-occupants will love the spacious layout, modern updates, and walkable location near parks, cafes, and shopping. The property also includes off-street parking, charming front porches, and sits on a quiet, tree-lined street. Don't miss this rare, high-income duplex opportunity with flexibility, location, and future growth potential all in one. Current rental income is $2,100/month per unit, for a total of $4,200/month, with room to increase to $2,300-$2,500/month based on condition and local comps.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
2
-
1/2 Bathrooms
2
-
Above Grade Finished Area
2594.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Other, Wood Siding
-
Parking
Driveway, Detached, Garage
-
Patio and Porch Features
Front Porch
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Multiplex, Duplex
Price
-
Sales Price
$410,000
-
Tax Amount
10411.0
-
Sq. Footage
2, 594
-
Price/SqFt
$158
HOA
-
Association
NO
School District
-
Elementary School
Cleveland Hts-Univer - 1810
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Hts-Univer - 1810
Middle School
High School
Listing Courtesy of Alejandro Preza Razo , CENTURY 21 Asa Cox Homes
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