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4 Beds
2 Baths
2,040 sqft

$217,000

1538-1540 E 204th Street, Euclid OH, 44117

Price per sqft$106.37
Built in1927
Property size2,040 sqft
Property typeMulti-family

Overview

Active

Listed Sep 30, 2026

Updated 10 days ago

Great opportunity for an owner-occupant or investor! Offering an estimated 11% cap rate, this well-maintained duplex features numerous updates including the roof, furnace, hot water tank, windows, and cosmetic improvements throughout. The first-floor unit offers 2 bedrooms and 1 full bath and is currently vacant and ready for an owner-occupant or new tenant. The upper unit features 2 bedrooms, 1 full bath, and additional finished attic space and is currently tenant occupied at $1,250/month with the tenant paying all utilities. The current lease runs through the end of January. Investors have the opportunity for approximately $2,350/month in gross rental income with the lower unit projected at $1,100/month, offering an estimated 11% cap rate at the $217,000 asking price based on projected expenses. Additional features include a 2-car detached garage and updated windows throughout. Upper unit available for viewing after an accepted offer. A great opportunity to add a solid duplex to your portfolio or live in one unit while generating income from the other.

$1,444/mo

Est. mortgage payment based on a $217,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5249309

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,517
Tax Frequency
Annually
Garage
Yes

Courtesy of Plum Tree Realty, LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Briggs shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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