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Ashley Bernardi
(440) 823-0611
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11717 Gay Avenue, Cleveland, OH 44105

$172,000
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New to the Market Active
BEDS8 BATHS2 full SQUARE FEET2,754 MLS#5220454
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUnion Rice 02 SCHOOLCleveland Municipal - 1809

Property Description

11717 Gay Ave ? Turnkey Duplex | Cash Flow Opportunity in 44105 Investors, take note: this massive duplex is built to perform. Each unit boasts 4 bedrooms, 1 bath, and over 1,300 square feet of comfortable living space ? making it a rare find for cash flow in this market. Here's where the numbers shine. CMHA pays as high as $1,661 for 4-bedroom units in the 44105 zip code, giving this property the potential to generate $3,322 per month in rental income. That kind of return doesn't just meet the 1% rule ? it shatters it. Both units have been recently renovated throughout and are completely rent-ready, so you can start collecting from day one. The property also offers onsite parking with a private driveway, adding convenience for tenants. Newer furnaces and hot water tanks provide added peace of mind and help reduce major mechanical concerns for the next owner. Seller is also offering a closing credit toward future roof replacement, adding flexibility and value for the buyer. With large unit layouts, strong rent potential, and recent updates, this duplex is a compelling opportunity for investors looking to add cash flow to their portfolio. Properties like this don't come around often ? and they don't stay on the market long. Reach out to your favorite realtor today before this cash cow is gone!

11717 Gay Avenue | MLS# 5220454

This multi-family property located at 11717 Gay Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $172,000. Gay Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on abernardi.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,458 / year
Year Built: 1930

Feature Descriptions

Exterior: Vinyl Siding
Fencing: Chain Link, Wood
Laundry: Common Area
Parcel#: 137-14-064
Parking: Driveway, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com

Shown By

Agent Name: Ashley Bernardi
Agent Phone: (440) 823-0611
Agency Title: M.C. Real Estate

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Estimated Payment

$ 637.80 per month $382.80 Principal & Interest $204.83 Property Tax $50.17 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/22/2026. The listing information on this page last changed on 06/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/22/2026 5:22:34 AM EST) or MLS NOW (last updated Mon 06/22/2026 12:17:30 AM EST). Real estate listings held by brokerage firms other than M.C. Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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