Using nearby South Broadway comps and the RentRange reports, this duplex should comfortably achieve around $1.1K–$1.25K per unit once both levels are stabilized (2/1 down, 3/1 up). That implies total gross of roughly $2.2K–$2.5K/month, or $26K–$30K/year. At the current $119.9K list, you’re looking at a simple payback around 4–5 years before expenses. Cleveland’s inner‑ring rental market remains investor‑friendly, with steady demand from workforce tenants needing quick access to I‑490, I‑77, downtown, Steelyard, and hospitals. The updated lower unit at $900 is under market; with modest interior upgrades and better marketing, you can likely push that to the $1.1K+ range and the upper 3‑bed into the low/mid $1.2Ks. Duplex layout, separate tenant‑paid utilities, and a spacious yard/driveway add leasing appeal, though age (1910) and no AC are mild headwinds.

I’d target light value‑add: refresh kitchens and baths (modern LVP, shaker cabinets, clean lighting), add in‑unit laundry hookups if feasible, and consider installing basic window AC or mini‑splits to justify premium rents. Professionally photographed units and online 3D/virtual tours help in this submarket more than many owners realize. If you’re selling, stabilize both units on 12‑month leases near $2.3K–$2.5K total monthly, document rent rolls, and highlight the low taxes and tenant‑paid utilities. That positions this as a turnkey, high‑yield duplex that will attract both local and out‑of‑state investors willing to pay closer to market value.