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13416 Casper Rd: Collinwood Duplex, Projected 13-17% Cap Rate After Rehab Investors, this is the one you build your way. 13416 Casper Rd is a duplex with two 3-bedroom, 1-bath units in Cleveland’s Collinwood neighborhood, priced at just $39,900. It’s a blank canvas: you control every finish, every system, and every dollar instead of inheriting someone else’s shortcuts. The opportunity: Do the rehab once and do it right, with a new roof, mechanicals, electrical, plumbing and finishes, and you own a property with no expected capital expenditures for years. Lower maintenance, fewer surprises, and more of every rent check in your pocket. The numbers: With an estimated $90K-$100K rehab, you’re all-in around $130K-$140K on a property with an estimated $170K ARV, creating $30K-$40K in equity. Renovated 3-bed units in 44110 rent for $1,250-$1,450, and CMHA’s 3-bedroom voucher standard is around $1,559. That projects $30,000-$34,800/year in gross rent and a 13-17% cap rate on your all-in cost, even with professional management. The strategy: Buy, renovate, rent, then refinance at ARV to pull most of your capital back out and repeat (BRRRR). Two 3-bedroom units mean two income streams and cash flow even with a vacancy. Location: Steady rental demand, quick access to I-90 and downtown, minutes from Lake Erie and the Waterloo Arts District. Deals with this kind of spread are hard to find. Bring your contractor and your vision. Schedule your showing today! “All projections are estimates based on market data; buyer to verify rents, rehab costs, ARV and expenses.”

Highlights

  • Residential Income
  • Duplex
  • Built in 1916
  • 0.1212 Acre Lot
  • 2 days on Market

  • Bedrooms
    6
  • Bathrooms
    2
  • Year Built
    1916
  • Stories
    4.0
  • Construction Materials
    Wood Siding
  • Parking Features
    Driveway
  • Living Area
    1954.0
  • Cooling
    Other
  • Heating
    None
  • Basement
    Full

  • Acres
    0.1212
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 13416 Casper Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 13416 Casper Rd.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 13416 Casper Rd?

Click Ask a Question to talk with our team. You already know it is a 6 bed, 2 bath, listed for $39,900. We can talk through recent upgrades, potential seller motivation, how this duplex compares to others in Cleveland, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 13416 Casper Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 13416 Casper Rd at around $317. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 13416 Casper Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cuyahoga County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 13416 Casper Rd?

In most cases, yes. Whether 13416 Casper Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cleveland's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 13416 Casper Rd?

We can handle that for you. Our preferred local agent specializes in residential incomes in Cleveland and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $39,900 with 1,954 sqft of space—that comes out to approximately $20 per square foot.

How long has this property been on the market?

13416 Casper Rd was listed on November 11, 2026, which means it's been on the market for 2 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1916, making it approximately 110 years old.

What is the lot size of this property?

13416 Casper Rd sits on a 0.12-acre lot, which is 5,227 square feet.

What are the property taxes for 13416 Casper Rd?

The most recent public record shows annual property taxes for 13416 Casper Rd were approximately $1,084. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 13416 Casper Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.

Last Updated: November 13, 2026 at 03:22PM | Source: MLS Now | MLS#: 5259383