2580-2582 Colchester RoadCleveland Heights, OH 44106

2580-2582 Colchester RoadCleveland Heights, OH 44106

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$399,900 Active
Multi Unit - Multiple MLS 5191555 New to the Market
10 beds 4 full baths 3,459 sqft

Listed By

Agency Name: RE/MAX Crossroads Properties
Agency Contact: anthonylatinarealestate@gmail.com, 440-465-5611

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Welcome to 2580-2582 Colchester Road in Cleveland Heights, a spacious and well-maintained duplex offering 10 bedrooms and 4 full bathrooms, with each unit featuring 5 bedrooms and 2 full baths. This impressive property presents a rare opportunity for both investors and owner-occupants seeking strong rental potential and flexible living options. One unit is currently occupied at $2,000 per month, while the second unit is available, making it ideal for a live-in investment where you can offset your mortgage while building equity. The home showcases charming curb appeal and a classic exterior that fits beautifully within the neighborhood. Inside, both units offer thoughtfully designed layouts with generously sized kitchens that feature abundant cabinetry, ample counter space, and well-maintained appliances. Each unit also includes a separate dining room, creating a comfortable setting for everyday meals or entertaining guests. The living areas are bright and welcoming, offering plenty of space for gathering and relaxation. Throughout the property, the bedrooms are spacious and comfortable, featuring a mix of hardwood flooring that adds warmth and timeless character. The bathrooms in both units are newer and well maintained, offering clean, updated spaces designed for convenience and everyday comfort. Each unit also includes its own basement with laundry area and garage space, adding additional value and practicality for tenants or owners. Located adjacent to two local schools and the school playground. With its size, condition, garage parking, and strong income potential, 2580-2582 Colchester Road stands out as a compelling opportunity for investors or buyers looking for a property that blends charm, scale, and versatility in a desirable Cleveland location.

2580-2582 Colchester Road | MLS# 5191555

This multi-family property located at 2580-2582 Colchester Road, Cleveland Heights, OH 44106 is currently listed for sale with an asking price of $399,900. 2580-2582 Colchester Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Apartment, Full
Cooling: None
Garage: 2
Heating: Hot Water, Radiator(s), Steam
Lot Size: 0.19 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $9,408 / year
Year Built: 1920

Feature Descriptions

Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Exterior: Cedar
Laundry: In Basement, In Unit
Parcel#: 685-32-003
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Hts-Univer - 1810

Demographics

Cuyahoga County Demographic Information for 2580-2582 Colchester Road, Cleveland Heights, OH 44106
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,851.75 per month $1,951.11 Principal & Interest $784.00 Property Tax $116.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage