3642 Menlo RD, Shaker Heights, OH 44120
3642 Menlo RD, Shaker Heights, OH 44120
3642 Menlo RD, Shaker Heights, OH 44120
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$150,000
Est. payment /mo
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4 Beds
2 Baths
1,568 Sqft Lot
Active

3642 Menlo RD Shaker Heights, OH 44120

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5193944

Style Colonial

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1925

Annual Tax Amount $4,043

Tax Year 2025

Lot Size 1,568 Sqft

Acres 0.036

Property Sub-Type Single Family Residence

Stories Two

Story Two

Property Description

Investor-friendly duplex opportunity in Shaker Heights generating $920/month in rental income. This well-maintained two-family property features hardwood floors, spacious living areas, and classic character typical of the area's 1920s homes. Each unit offers comfortable layouts with strong rental demand. The property is currently generating $920/month in rental income, with one unit leased through 10/31/2026. The second unit has recently been vacated but was previously rented for $1,195/month, providing a solid benchmark for future leasing. This vacancy creates an excellent opportunity for an investor to place a new tenant at market rent, increase overall income, or owner-occupy while offsetting expenses. Owner pays water and sewer. Additional highlights include a full basement, separate living spaces, and a detached garage, offering added storage and tenant convenience. Located just minutes from shopping, dining, and major medical and employment centers near Cleveland Clinic and University Circle, this property presents a solid opportunity for both new and seasoned investors looking to expand their portfolio with a performing asset in a desirable rental market.

Location

State OH

County Cuyahoga

Rooms

Basement Partially Finished

Main Level Bedrooms 4

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Shaker Heights Csd - 1827

Others

Tax ID 735-21-009

Special Listing Condition Standard


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

NEARBY SCHOOL & BUSINESS

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Nathan Slussar

Nathan Slussar

Agent | OH | License ID: SAL.2020004753

+1(740) 219-3249

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3642 Menlo RD