Property Manager · Cleveland, OH · Member since 2015 · 11 posts · 2 votes
Hello everyone,
Just wanted to gather fellow investors opinions before pulling the trigger on an acquisition. I have the opportunity to buy a duplex on a 6 year land contract for 650 month. Duplex is fully renovated and rental ready. It's in the Glennville area of Cle. On east 96th & st. Claire. It's not too far from Case West. I have several flips under my belt and it's time to acquire some rentals, and this deal looks appealing.
What are the median rents for 2bed/1b in this area?
Hey Alex I’m actually very familiar with this area and currently investing in as well! To my knowledge typical duplex rentals go in this area between 550-650 a month . The area is in one of Our oldest neighborhoods, the Glenville area. The neighborhood is growing with new establishments such as the New East Side Market getting ready to open right up the street from your prospected investment.
Feel free to PM me for more questions and networking!
-Mell