Listed by Tyler Finkler of Plum Tree Realty,LLC (216-217-0223,[email protected])
Great opportunity for an owner-occupant or investor! Offering an estimated 11% cap rate, this well-maintained duplex features numerous updates including the roof, furnace, hot water tank, windows, and cosmetic improvements throughout. The first-floor unit offers 2 bedrooms and 1 full bath and is currently vacant and ready for an owner-occupant or new tenant. The upper unit features 2 bedrooms, 1 full bath, and additional finished attic space and is currently tenant occupied at $1,250/month with the tenant paying all utilities. The current lease runs through the end of January. Investors have the opportunity for approximately $2,350/month in gross rental income with the lower unit projected at $1,100/month, offering an estimated 11% cap rate at the $217,000 asking price based on projected expenses. Additional features include a 2-car detached garage and updated windows throughout. Upper unit available for viewing after an accepted offer. A great opportunity to add a solid duplex to your portfolio or live in one unit while generating income from the other.

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Property Details of 1538-1540 E 204th Street

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Based on information submitted to MLS Now as of October 3, 2026 10:29 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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