Why I Am Choosing Brooklyn Centre for My First Duplex Investment in Cleveland
As I set out on my real estate investment journey, I’m thrilled to begin with a duplex in Brooklyn Centre, Cleveland. This choice was based on more than just location—Brooklyn Centre combines historic charm, valuable amenities, and new community enhancements that position it as a promising place for investment. Here’s why I believe this neighborhood is ideal for my first property.
1. Neighborhood Trends: A Historic District with Modern Appeal
Brooklyn Centre is one of Cleveland’s oldest neighborhoods, with more than 61% of its residential buildings dating back to before 1939. This historic character appeals to renters and buyers alike, who appreciate the charm of classic architecture and walkable streets—qualities that make it one of the top 5% most walkable neighborhoods in the U.S.
2. The Red Line Greenway: A New Pathway to Connectivity and Growth
One of the most exciting new features in Brooklyn Centre is the Red Line Greenway, a two-mile, multi-use trail that opened in 2021 as part of the Re-Connecting Cleveland project. This paved trail connects West 65th Street to downtown Cleveland, linking eight neighborhoods along its path, including Brooklyn Centre. It joins the Cleveland Foundation Centennial Lake Link Trail and provides easy access to two RTA Red Line Rapid Transit stations, making commuting downtown easier than ever
This greenway is more than a bike and pedestrian path; it’s an urban corridor for passive recreation, with picnic areas, landscaping, and native tree plantings. With the added convenience of nearby bus routes, the trail has opened up eco-friendly travel and leisure options that boost property values by increasing accessibility to downtown, parks, and shopping areas
3. Proximity to Key Employers and Attractions
Brooklyn Centre is conveniently close to significant amenities and employers, adding to its rental appeal:
MetroHealth Medical Center: Located nearby, MetroHealth is undergoing a $1 billion renovation, which strengthens its draw for healthcare professionals and creates a steady pool of potential tenants.
Cleveland Metroparks Zoo: This popular attraction is right on the edge of Brooklyn Centre, giving residents easy access to family-friendly recreation and contributing to the area’s appeal.
10-Minute Drive to Downtown Cleveland: With just a 10-minute commute, Brooklyn Centre is ideal for renters who want to enjoy the city’s amenities without the high downtown rents
4. Real Estate Appreciation and Market Potential
While Cleveland’s average annual appreciation rate has been around 3.6% recently, certain neighborhoods like Brooklyn Centre are seeing better growth potential thanks to developments like the Red Line Greenway. Property values in the area have shown steady increases, and with neighborhood revitalization projects, Brooklyn Centre is set for continued appreciation in the coming years
5. Aligning with My Long-Term Investment Goals
Starting in Brooklyn Centre aligns perfectly with my goal to balance cash flow with long-term property appreciation. This duplex will serve as the foundation of my portfolio, benefiting from both rental income and the area’s gradual value increase. My experience with the BRRRR strategy in Brooklyn Centre will pave the way for more investments in similar growth-oriented Cleveland neighborhoods.
Investing in Brooklyn Centre means more than just buying a property; it’s a step into a vibrant, growing community with ample access to transit, nature, and a historic appeal. The new Red Line Greenway and ongoing revitalization efforts are turning Brooklyn Centre into a dynamic hub, making it the ideal place to start my real estate journey.
