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16684 Libby Road

Maple Heights, OH 44137

$189,000 $796/Mo

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Overview

Bed

Bath

2,030

Sqft

0.76

Acre(Lot)

Description

Attention investors and house hackers! Welcome to 16684 Libby Rd, a rock solid, brick front duplex in Maple Heights designed to deliver immediate, hassle free cash flow from day one. This property features a highly functional layout, a spacious paved driveway, and a large backyard perfect for tenant enjoyment. The lower unit is currently occupied by a reliable tenant generating $987 per month and is locked into a stable lease through January 2027. Meanwhile, the upstairs unit brings in $992 per month on a flexible month to month agreement, offering a savvy buyer the perfect setup to either keep cash flowing smoothly or move in and live practically for free while the downstairs pays the mortgage. What truly sets this multi-family asset apart is its exceptional alignment with smart lever age strategies. Generating a combined gross monthly income of $1,979, this property sits in a prime sweet spot for investors looking to utilize Debt Service Coverage Ratio (DSCR) financing. This strong revenue stream easily satisfies the classic 1% Rule (where monthly rent equals or exceeds 1% of the purchase price) making it incredibly easy for the property’s own income to qualify for the mortgage without relying on your personal debt to income history. Beyond the numbers, this duplex is packed with practical amenities that ensure long term tenant satisfaction and minimal overhead. The bright, classic kitchens offer ample cabinetry and functional layouts, and the property features a gorgeous, window lined sunroom that makes a perfect bonus space. Adding massive value to the bottom line, the shared basement conveys complete with a commercial grade, card payment washer and dryer system. This setup completely eliminates the headache of dealing with quarters while providing a steady, built in stream of secondary ancillary income. Don't miss out on adding this turnkey, income producing powerhouse to your portfolio!

Property Details

Property Type : Residential Income

Price : $189,000

AD Id : 80297713

MLS Id : 5216583

Beds : 4

Lot Size : 0.76 Acre

Living Area Size : 2,030

Year Built : 1965

Garage : 2

County : Cuyahoga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 8 Has Basement: Yes Basement: Unfinished
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Appliances: Dryer, Range, Refrigerator, Washer
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1965 Construction Materials: Brick Stories: 2 Private Pool: No View: Trees/Woods

Lot Information

Main Square Feet: 0.76 Acres Lot Size Acres: 0.76 Lot Size Source: Assessor Lot Description: Wooded

Listing Price Information

Listing Price: $189000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 781-23-036 Tax Year: 2025 Annual Tax: $4417

Parking Information

Detached, Garage, Paved

Garage Information

Has Garage: Yes Garage Space: 2

Location Information

Direction: East of Libby, West of Clement Dr WaterSource: Public

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/07/2026 @ 12:21

MLS: 5216583 LISTED BY: Armando Galvez, RE/MAX Above & Beyond 440-835-7200 SOURCE: MLS Now