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$176,500
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Property Description
ATTENTION INVESTORS: HUGE-CASHFLOW TURNKEY DUPLEX - ALMOST $2,700/MO, 100% SECTION 8 SPLIT! Check out the DSCR ratio and cap rate! Excellent returns! Fully stabilized, rehabbed duplex bringing in $2,693/mo through CMHA Section 8 - $1,185 (lower) and $1,508 (upper). Both units are fully occupied with quiet, cooperative tenants and 100% of rent paid by CMHA on each - no tenant portion due. Cashflow from day one, no placement risk, no payment delays. Located in Cleveland but pulling Garfield Height-level rents, this property combines high returns with low Cleveland property taxes and no Point-of-Sale (POS) compliance, a rare setup that directly improves margins. MASSIVE CAPEX already completed: Brand new roof, new electrical panel and upgraded disconnect (permitted and city approved), new separate electric meters (expensive to install, but huge value in duplexes), new high-efficiency dual pane vinyl windows, new bathrooms, fresh paint, and sewer lines hydro-jetted clean. LEASE BASED PAINT TESTING HAS BEEN COMPLETED AND PASSED! There's also potential value-add in the basement with space for an additional bedroom, offering even more rent upside. This is a true plug-and-play asset. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel! Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO - INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."
Full Property Details
Full Property Details for 8204 Vineyard Ave
General
- Sold For: $176,500
- Taxes: $2,727 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5135092
- Added to Site: 94 day(s) ago
Interior
- Number of Rooms: 11
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: David & Judsons Allotment
- Driving Directions: OH-14 W/Broadway Ave. Take Garfield Pkwy to Vineyard Ave in Cleveland
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: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 2,113
- Living Area: 2,113 Sq. Ft.
- Finished Above Grnd: 2,113 Sq. Ft.
- Year Built: 1924
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1318
- Lot Size: .1318
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,727
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 471 D&J 0180 ALL
- Property ID: 134-23-021
Listed by Team Results Realty, Scott A Marvin
Sold by VSD Realty, LLC., Jennifer R Woomer
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Schools
Schools serving 8204 Vineyard Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 0.8 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 2 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 2.3 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 2.6 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 2.9 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 3.1 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 3.4 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 3.6 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 3.9 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 8204 Vineyard Ave
Date
Details
Price
Change
Source
8/01/2025
Sold
$176,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8204 Vineyard Avenue, Loveland, OH 44105 (MLS# 5135092) is a Duplex property that was sold at $176,500 on August 01, 2025. Want to learn more about 8204 Vineyard 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.

