73 & 77 Prospect ST Berea, OH 44017
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Middleburgh Sec 17
MLS Listing ID 5127534
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1914
Annual Tax Amount $4,892
Tax Year 2024
Lot Size 9,199 Sqft
Acres 0.2112
Property Sub-Type Duplex
Property Description
Just a short stroll from Baldwin Wallace University, dining, shopping, and downtown Berea's charm, this unique investment opportunity features two single-family homes on one parcel with off-street parking and a shared driveway.
One unit is rent-ready with fresh updates and repairs, perfect for locking in a tenant immediately. The second home offers a blank canvas—bring your contractor or DIY spirit and have it ready in time for the fall semester rush. With the demand for off-campus housing continuing to climb, this is a golden chance to tap into steady, year-round rental income.
The location speaks for itself—and so does the value. Appraised recently at $275K, the motivated seller has priced this for a quick sale. Live in one, rent the other. Rent both. Either way, you're building equity while creating cash flow.
Opportunities like this, this close to campus, don't come along often—snag it before the school year starts.
Location
State OH
County Cuyahoga
Rooms
Basement Walk-Out Access
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Additional Parking, Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence None
View Y/N Yes
Water Access Desc Public
View Trees/Woods
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Fixer
Schools
School District Berea Csd - 1804
Others
Tax ID 363-13-032
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard