3909 Memphis Avenue
Cleveland, OH 44109
- 5 beds
- 2 baths
- 2,354 sqft
- $122 per sqft
- 1925 build
- – on site
Fully furnished and previously run as a successful Airbnb, this income-producing duplex in Old Brooklyn is now leased to long-term tenants at $1,600 per unit — totaling $3,200/month. That’s a strong return with an estimated 9% cap rate and solid cash flow from day one. Each unit is updated and includes secure entry, automated locks, and supply closets — making future short-term rental use simple if desired. The upper unit is currently being used as a 3-bedroom, though the third room remains open as a flex space. The current owners left it unwalled to allow flexibility — offering potential to add value and increase future rents by fully converting the space. The property features central AC, a full remodel with new flooring, windows, kitchens, bathrooms, drywall, insulation, trim, doors, and appliances. A security system with video doorbell and remote access is also included. Outside, a concrete pad remains in place for buyers who may want to rebuild the garage. At the current offer price, all furnishings are included — making this truly turnkey. Located in one of Cleveland’s most in-demand rental pockets, this property is minutes from the Cleveland Metroparks Zoo, Brookside Reservation, and the shops and restaurants of the Memphis Fulton retail corridor. Tenants love the quick access to I-480, I-71, downtown Cleveland, and MetroHealth’s main campus. Whether you’re looking for a hands-off investment or an eventual house hack, this one checks all the boxes.
Last checked:
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Last updated May 19, 2025
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MLS# 5123525 —
The Building
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Year Built:1925
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Full
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Basement:true
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# of Buildings:1
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Stories Total:2
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Above Grade Finished Area:2354.0
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Above Grade Finished Area Source:PublicRecords
Interior
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Rooms Total:11
Room Dimensions
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Living Area:2354.0
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Living Area Units:SquareFeet
Location
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Directions:On Memphis by Fulton Pkwy
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Latitude:41.439603
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Longitude:-81.7109
The Property
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Parcel Number:014-14-014
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.0972
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Lot Size Area:0.0972
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 221-6578
- Office phone:
- (440) 529-9577
Taxes
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Tax Year:2024
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Tax Legal Description:58 HENRITZE 0030 ALL
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Tax Annual Amount:$2,270
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash,Conventional,FHA,VaLoan
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/3909-Memphis-Avenue-Cleveland-OH-44109/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Dishwasher,Microwave,Range,Refrigerator
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Laundry Features:InBasement
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Henritze
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway,Detached,Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/19/25
May 19, 2025
|
Listed / Active | MLS_NOW | $289,000 | |
|
12/31/20
Dec 31, 2020
|
Sold | MLS_NOW |
