3642 Menlo Road | Shaker Heights
Investor-friendly duplex opportunity in Shaker Heights generating $920/month in rental income. This well-maintained two-family property features hardwood floors, spacious living areas, and classic character typical of the area\u2019s 1920s homes. Each unit offers comfortable layouts with strong rental demand. The property is currently generating $920/month in rental income, with one unit leased through 10/31/2026. The second unit has recently been vacated but was previously rented for $1,195/month, providing a solid benchmark for future leasing. This vacancy creates an excellent opportunity for an investor to place a new tenant at market rent, increase overall income, or owner-occupy while offsetting expenses. Owner pays water and sewer. Additional highlights include a full basement, separate living spaces, and a detached garage, offering added storage and tenant convenience. Located just minutes from shopping, dining, and major medical and employment centers near Cleveland Clinic and University Circle, this property presents a solid opportunity for both new and seasoned investors looking to expand their portfolio with a performing asset in a desirable rental market. MLSNow 5193944 Directions to property: Second House in Corner of Hampstead Ave and Menlo Rd
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