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$175,000
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Property Description
Attention all investors! Don't miss this opportunity to own a cash-flowing duplex. This income-producing property is fully occupied with long-term reliable tenants, ensuring guaranteed rental income and immediate returns from day one. This property generates a gross monthly rent of $2,338 (approx. $28,056 annually), offering excellent ROI and strong cap rate potential. With reliable tenants already in place, this is the ideal turnkey rental property for both seasoned and first-time investors looking to grow or diversify their portfolio.
Full Property Details
Full Property Details for 2216 E 71st St
General
- Sold For: $175,000
- Taxes: $971 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5160520
- Added to Site: 93 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 1
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Coleman & Van Tines
- Driving Directions: OH-2 E/State Rte 2 E and I-90 W to Prospect Ave E. Take exit 173A from I-90 W. Take Cedar Ave to E 71st 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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Multiplex
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,734
- Living Area: 1,734 Sq. Ft.
- Finished Above Grnd: 1,734 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: .11
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $971
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 118-22-024
Listed by Century 21 Homestar, Michael A Ferrante and Century 21 Homestar, Manisha Spivey
Sold by Keller Williams Living, Journey Toole
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Schools
Schools serving 2216 E 71st St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104 | K-8 | 0.7 mi |
East Technical High School 2439 East 55th Street, Cleveland, OH 44104 | 9-12 | 0.7 mi |
George Washington Carver 2200 East 55th Street, Cleveland, OH 44103 | PK-8 | 0.7 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 0.8 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 1.1 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 1.2 mi |
Marion-Sterling Elementary School 3033 Central Avenue, Cleveland, OH 44115 | PK-8 | 1.3 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 1.4 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2216 E 71st St
Date
Details
Price
Change
Source
12/15/2025
Sold
$175,000
-5.41%
MLS
10/15/2025
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2216 E 71st Street, Loveland, OH 44103 (MLS# 5160520) is a Multi-Family property that was sold at $175,000 on December 15, 2025. Want to learn more about 2216 E 71st Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

