2312 W 10th St Cleveland, OH 44113

Tremont 5-Unit Investment Property with Strong Income Potential Outstanding opportunity to own a well-maintained five-unit multifamily property in the heart of Cleveland’s highly desirable Tremont neighborhood. The property includes two buildings on one parcel, featuring three 2-bedroom units and two 1-bedroom units each with its own bath units with spacious layouts and excellent rental appeal. Four units have been recently updated with modern kitchens, renovated baths, and quality finishes, all featuring refinished original hardwood floors and central air. One unit is currently vacant and another is ready for renovation, providing immediate upside potential for investors seeking to increase overall returns. When fully leased at market rates, the property is projected to generate approximately $6,025 per month in gross rent. With two units offering near-term value-add opportunities, this investment combines steady current income with attractive growth potential. Located just steps from Lincoln Park, Tremont’s restaurants, cafés, and galleries, and minutes to downtown Cleveland, this property delivers exceptional long-term appreciation and strong tenant demand. ?? Highlights:
Two buildings on one parcel — 5 total units
Three 2 BR units / 1 Bath
Two 1 BR units / 1 Bath
4 units updated and in excellent condition
1 fully rennovated unit vacant
1 unit ready for renovation
Refinished original hardwood floors and central air
Fair-market rent potential: ~$6,025/month when fully leased Prime Tremont location — walk to Lincoln Park, restaurants, and shops