Incredible Investment Opportunity Near CWRU - Fully Renovated Duplex with 18%+ Cap Rate Potential! Welcome to 11600 Beulah Avenue, Cleveland - a fully renovated duplex ideally located in one of Cleveland's most high-demand rental areas, just minutes from Case Western Reserve University, University Hospitals, the VA Clinic, and the Cleveland Clinic. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this opportunity is packed with value. This charming colonial-style duplex offers 6 bed, 2 bonus and 2 full bathrooms, split across two spacious 3-bedroom units. Each unit features approximately 1,230 square feet of updated living space with modern kitchens, refreshed bathrooms, beautiful hardwood-style LVP floors, and plenty of natural light, thanks in part to several recently replaced windows. The property has Lead Safe Certification valid through 2027 and has already passed all Section 8 inspections, ensuring long-term safety compliance and peace of mind. One unit is currently occupied by a long-term Section 8 tenant providing steady, government-backed income, while the second unit is vacant and rent-ready, offering immediate cash-flow potential or owner occupancy flexibility. Investors will be thrilled to know this property exceeds the 1% rule and offers potential for an exceptional 18%+ Cap Rate - a rare find in today's market. Mechanicals include two hot water tanks (2014 & 2021) and two furnaces (both 2014), as well as central air conditioning for both units - an added comfort and value booster for tenants. The duplex also includes a full unfinished basement, a partially fenced backyard, and sits on a quiet street just steps from a city park and close to public transit, dining, shopping, and cultural institutions. ALL offers must be submitted via the EZ Real Estate Platform. This is your chance to secure a turn-key, income-producing asset in one of Cleveland's most established rental corridors.
5129017
Residential Income - Duplex, 2 Story
6
2 Full
1910
Cuyahoga
0.1322
Acres
Public Water
2
Vinyl Siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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