3295 W 56th Street, Cleveland, OH 44102
Hoyt · Cuyahoga County
Key Facts
Description
Attention investors and owner-occupants! Don’t miss this excellent opportunity in Cleveland’s desirable Stockyards neighborhood. This recently renovated duplex offers the perfect combination of cash flow potential and owner-occupancy flexibility. The first-floor unit is currently vacant and features 2 bedrooms and 1 full bathroom, making it move-in ready for an owner-occupant or available for immediate rental income. The second-floor unit is tenant-occupied and offers 3 bedrooms and 1 full bathroom, providing instant cash flow from day one. Both units have been updated within the last two years, offering modern finishes and minimizing future maintenance concerns. Situated on a spacious corner lot, the property provides excellent accessibility and added curb appeal. A rare 3-car garage offers ample parking, storage, or additional value for tenants. Whether you’re looking to live in one unit while offsetting your mortgage with rental income or add a solid performing asset to your investment portfolio, this duplex checks all the boxes. Get smart with your cash flow and take advantage of this fantastic income-producing opportunity today!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1915
Living Area
1,614 sq ft
Lot Size
0.11 acres
Garage Spaces
3
Days on Market
26
MLS® Listing#
5217536
Property Features
Cooling
Heating
Parking
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,640
Tax year 2025
Parcel Number
016-09-066
Directions
Off Storer
Affordability Calculator
$31,980
Estimated monthly payment
$851/mo
Principal $127,920 · Est. interest $178,460 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cleveland, OH
- 49
- Median Days on Market
- 1,821
- Median Sq Ft
- $98
- Median Price / Sq Ft
- 1,402
- Active Listings
- Its price per sq ft is 1% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cleveland, OH.
Location
Points of Interest in Cleveland, OH
Showing the Cleveland area map.
Nearby Schools
Stockyard Community Elementary
Elementary · 0.4 mi away
Multilingual Multicultural Education Office
School · 0.4 mi away
Thomas Jefferson School
School · 0.4 mi away
Lincoln Preparatory School
School · 0.5 mi away
Metro Catholic
School · 0.5 mi away
Max S Hayes High School
Secondary · 0.6 mi away
Clark School
Elementary · 0.7 mi away
H Barbara Boker Montessori Center
Elementary · 0.7 mi away
The Bridge Avenue School
Elementary · 0.8 mi away
Treetop Childcare
School · 0.8 mi away
Artemus Ward School
School · 0.9 mi away
Halle School
Elementary · 0.9 mi away
Urban Community School
School · 0.9 mi away
Frederick Douglass Reclamation Academy
School · 0.9 mi away
St Rocco School
School · 0.9 mi away
Metro Catholic School
School · 1.0 mi away
Orchard School
Elementary · 1.0 mi away
Walton Elementary School
Elementary · 1.1 mi away
Lincoln-West High School
Secondary · 1.2 mi away
Lincoln West School of Science & Health
Secondary · 1.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 537 E 118th Street, Cleveland, OH | $114,000 | 4 | 2 | — |
| 4230 E 126th Street, Cleveland, OH | $114,500 | 4 | 1 | 2,330 |
| 1965 Nelawood Road, Cleveland, OH | $114,900 | 5 | 3 | — |
| 7813 Laumer Avenue, Cleveland, OH | $115,000 | 4 | 2 | — |
| 871 E 129th Street, Cleveland, OH | $115,000 | 4 | 2 | 1,294 |
| 7914 Dorver Avenue, Cleveland, OH | $115,000 | 4 | 2 | — |
Moving Cost Estimate
EXIT Agents in Cleveland
Listing Courtesy: EXP Realty, LLC. - realtrp.sells@gmail.com, 216-972-7862
Last Updated: 2026-06-11