UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,994 sqft
Price per Sqft $91
Subdivision Lorain Villas
MLS Listing ID 5234911
Bedrooms 7
Full Baths 3
Construction Status Fixer,Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,994
Year Built 1924
Annual Tax Amount $4,133
Tax Year 2025
Lot Size 4,734 Sqft
Acres 0.1087
Property Sub-Type Triplex
Property Description
Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof.
Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside.
Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Fixer,Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 021-30-036
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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