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$110,000
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Property Description
Cash-flowing duplex that outperforms the classic 1% rental rule, with tenant in place on Cleveland's northeast side near South Collinwood. Currently generating $2,000 per month in rental income. This property delivers immediate cash flow with recent improvements already completed-making it a strong, low-friction addition to an investment portfolio. The first-floor unit has been refreshed with new carpet and fresh paint throughout the walls, trim, and cabinets. Kitchen features include laminate countertops and freshly painted cabinetry. Major capital improvements include a new electrical panel, new main plumbing stack with updated basement plumbing, newer appliances, and updated windows in the first-floor unit-helping reduce near-term capital expenses. The second-floor unit includes an enclosed balcony, providing additional usable space. Located minutes from Interstate 90, Glenville High School, and the Waterloo Arts District, the property offers strong accessibility and consistent rental demand. Turnkey rental suitable for market-rate or housing voucher programs, offering flexibility for investors seeking reliable income, proven performance, and minimal upfront work.
Full Property Details
Full Property Details for 813 Wayside Rd
General
- Sold For: $110,000
- Taxes: $2,175 (2025)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5181494
- Added to Site: 147 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: None
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Gund
- Driving Directions: Follow S Waterloo Rd, E 152nd St and Holmes Ave to Wayside Rd
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,536
- Living Area: 1,536 Sq. Ft.
- Finished Above Grnd: 1,536 Sq. Ft.
- Year Built: 1912
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.049
- Lot Size: .049
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,175
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Electricity, Gas, Internet
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: TR10 PCL 1
- Property ID: 116-21-013
Listed by Keller Williams Greater Metropolitan, Brett Munich
Sold by RE/MAX Infinity, Aiden Avtgis
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Schools
Schools serving 813 Wayside Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Ginn Academy 655 East 162nd Street, Cleveland, OH 44110 | 9-12 | 0.3 mi |
Euclid Park Elementary School 17914 Euclid Avenue, Cleveland, OH 44112 | PK-8 | 0.7 mi |
Collinwood High School 15210 Saint Clair Avenue, Cleveland, OH 44110 | 9-12 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 14.1 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 4.6 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.7 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.7 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 0.8 mi |
Hannah Gibbons-Nottingham Elementary School 1401 Larchmont Road, Cleveland, OH 44110 | PK-8 | 0.9 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 813 Wayside Rd
Date
Details
Price
Change
Source
5/08/2026
Sold
$110,000
0.09%
MLS
3/17/2026
Price Reduced
$109,900
-4.43%
MLS
1/21/2026
Listed
$115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
813 Wayside Road, Loveland, OH 44110 (MLS# 5181494) is a Duplex property that was sold at $110,000 on May 08, 2026. Want to learn more about 813 Wayside Road? 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.

