8100 Simon Ave, Cleveland, OH 44103

Description

Investor special in Cleveland! Welcome to 8100 Simon Ave, a fixer-upper duplex offering serious upside for the right buyer. This property needs a heavy renovation and is best suited for experienced investors, contractors, flippers, or BRRRR buyers looking for their next value-add opportunity.

Location is a major highlight here. Situated less than 10 minutes from Downtown Cleveland and University Circle, and near Cleveland Clinic Main Campus, this property sits in a strategic rental corridor with strong access to major employment, healthcare, education, and entertainment hubs. Easy highway access adds even more convenience for tenants and future resale appeal.

With the right vision and improvements, this duplex has the potential to become a strong cash-flowing asset. Located in the 44103 ZIP code, where Section 8 may pay up to $1,209 for a 2-bedroom unit, this property has the potential to generate up to $2,418/month in total rent if both units are stabilized and approved at that amount. Whether you are looking to renovate, rent, refinance, and hold, or complete a full rehab and resell, this property offers multiple exit strategies.

Both units will require significant work, so buyers should perform full due diligence and proceed with caution. Property is being sold as-is, and seller will make no repairs. Bring your contractor, run your numbers, and unlock the potential of this Cleveland duplex.

Great opportunity for investors looking for a heavy value-add BRRRR, flip, or long-term rental play. Contact your favorite Realtor today to schedule a showing.