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$140,000
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Property Description
Calling all investors! This excellent cash-flowing opportunity in the Waterloo Arts District of North Collinwood features a lead-certified duplex with highly desirable 3-bedroom units. This duplex, ideally located steps from Humphrey Park, bus lines, Euclid Beach, the Arts District and I-90 access, combines immediate income, future upside and a convenient location in one attractive package. The lower unit has been newly updated and is ready for occupancy. Both the freshly updated kitchen and bathroom include plank porcelain tile flooring, new cabinetry and new fixtures. New LVP flooring throughout living spaces and spacious living and dining areas with original built-in cabinets allow for easy move in. The upper unit tenant of 6 years pays $895 per month, below $1250 market and $1600 S8 rents, on a month-to-month lease, providing immediate income with future upside. The partially finished attic space could be completed to formally add two more bedrooms to increase both rental income and overall property value. Upper unit water heater replaced in 2022. With current income potential of up to $3,200, and more with a finished attic, this solid duplex won't last long. Make your offer today. This property is offered AS IS. Please DO NOT DISTURB TENANTS. Viewing arranged upon accepted offer.
Full Property Details
Full Property Details for 15816 Grovewood Ave
General
- Sold For: $140,000
- Taxes: $2,200 (2025)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5202977
- Added to Site: 49 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Between E 156th St and E 161st St.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,802
- Living Area: 2,802 Sq. Ft.
- Finished Above Grnd: 2,802 Sq. Ft.
- Year Built: 1924
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: .1
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,200.78
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 113-15-011
Listed and Sold by EXP Realty, LLC., Jack Krusinski and EXP Realty, LLC., Luke Schimpf
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Schools
Schools serving 15816 Grovewood Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Memorial School 410 East 152nd Street, Cleveland, OH 44110 | PK-8 | 0.5 mi |
Ginn Academy 655 East 162nd Street, Cleveland, OH 44110 | 9-12 | 0.8 mi |
Hannah Gibbons-Nottingham Elementary School 1401 Larchmont Road, Cleveland, OH 44110 | PK-8 | 1 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 14.5 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 5.5 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 5.5 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 5.5 mi |
Oliver H Perry Elementary School 18400 Schenely Avenue, Cleveland, OH 44119 | PK-8 | 1.2 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15816 Grovewood Ave
Date
Details
Price
Change
Source
5/27/2026
Sold
$140,000
0.72%
MLS
4/23/2026
Listed
$139,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15816 Grovewood Avenue, Loveland, OH 44110 (MLS# 5202977) is a Duplex property that was sold at $140,000 on May 27, 2026. Want to learn more about 15816 Grovewood Avenue? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

