3156 E Derbyshire Road | Cleveland Heights
Stunning Renovated Duplex in the Heart of Cleveland Heights!\r\nWelcome to 3156 E Derbyshire Rd, a turnkey 3,200\u002B sq ft side-by-side duplex just minutes from the vibrant Cedar-Lee District. Each unit offers 4 spacious bedrooms, 1.5 updated bathrooms, and 3 levels of finished living space, perfect for multi-generational living, house hacking, or long-term investment.\r\nThis fully updated property features brand-new kitchens and baths, new vinyl and carpet flooring, central air, updated electrical, and a newer roof with fresh gutters (2023) delivering low-maintenance ownership from day one.\r\nPerfect for investors OR owner-occupants looking to house-hack live in one side and rent out the other\r\nInvestors will appreciate the reliable cash flow and 5%\u002B cap rate with built-in upside. Owner-occupants will love the spacious layout, modern updates, and walkable location near parks, cafes, and shopping. The property also includes off-street parking, charming front porches, and sits on a quiet, tree-lined street.\r\nDon\u0027t miss this rare, high-income duplex opportunity with flexibility, location, and future growth potential all in one.\r\nCurrent rental income is $2,100/month per unit, for a total of $4,200/month, with room to increase to $2,300-$2,500/month based on condition and local comps. MLSNow 5144761 Directions to property: monticello blvd to lee blvd to derbyshire rd