2227 E 85th Street, Cleveland, OH 44106

Property Description

Excellent investment opportunity located just minutes from Cleveland Clinic's Main Campus. This duplex, featuring vinyl siding on the exterior, has been updated and offers strong rental potential. The downstairs unit is a two-bedroom, one-bathroom apartment currently tenant-occupied with a lease in place through April 2026, generating $995 per month in reliable rental income. The upstairs unit is a spacious five-bedroom, two-bathroom apartment that has been completely renovated and is move-in ready. In the 44106 zip code, Section 8 allows for a rental rate of up to a maximum of $2,608 per month for a five-bedroom unit. With the existing downstairs tenant and the potential of the upstairs unit, the property could generate up to $3,600 in rental income each month. The property features a brand-new roof with complete tear-off and new decking (June 2025). With its close proximity to the Clinic, the home also presents an excellent opportunity to be rented to travel nurses, offering another lucrative income stream. Conveniently situated within a five-minute drive or 15-minute walk to the Cleveland Clinic Main Campus, the location also provides easy access to University Circle, Case Western Reserve University, and area cultural institutions. Don't miss out, schedule a showing with your favorite realtor today!