$355,000
$15K PRICE DROP

Estimated payment $2,348/month

Total Views 4,413
5 Beds
3 Baths
2,454 Sq Ft
$145 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • 2-minute walk to Shaker Square
  • West Facing Home
  • Forced Air Heating and Cooling System
  • 4 Car Garage

About This Home

Calling All Investors or owner occupants! We have an exceptional opportunity for you, a stunning all brick Triplex situated in the highly coveted Shaker Square district. This property is the perfect addition to your portfolio or to become your new home, offering a range of attractive features and an unbeatable location. Imagine the benefits: Currently fully occupied ( Unit 2 will be vacant soon), ensuring A strong cash flow with a monthly projected cash flow of $3,440 to $3,650 A month for 2025 providing a steady and reliable income stream. Add value and rental potential with the convenience of a 4-car garage. Bask in the property's timeless charm in which you'll find Hardwood floors, Lead glass windows, Original wood moldings with beautiful built-ins, and original wood doors that will be complemented by numerous updates throughout the units. Rest easy knowing that two of tenants are eager to stay and are up to date on rents, offering stability and peace of mind for long-term investment success. But that's not all! This outstanding location will further enhance the property's desirability. Just a short 5-minute walk away, you'll discover a plethora of vibrant restaurants, tempting retail options, and an exciting nightlife. With this prime location, you can expect optimal tenant demand and a boost to your property's overall value. Don't let this opportunity slip through your fingers. Act now and seize the potential for growth and profitability in the highly sought-after Shaker Square district. Contact me or your favorite Realtor for more info.

Listing Agent

Jason Parsons

Howard Hanna Brokerage Email: jasonparsons@howardhanna.com, 330-242-5313 License #2018003612 Listed on: 03/28/2025

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Block Exterior

Interior Spaces

  • 2,454 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Laundry in Basement
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Northwood Park Subdivision
  • Operating Expense $9,452

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 129-13-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,857

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1920
  • Attribution Contact: jasonparsons@howardhanna.com, 330-242-5313
  • Subdivision Name: Northwood Park
  • Above Grade Finished Sq Ft: 2454.0
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, Three Or More
  • Reso Property Condition: Unknown
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Block
  • Direction Faces: West
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Garage, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 129-13-048

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Multi Family

  • Gross Income: 37510.5
  • Annual Operating Expense: 9452.0

Tax Info

  • Tax Annual Amount: 4857.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Price Changed $355,000 0.0% $145 / Sq Ft
06/26/2025 06/26/25 For Sale $355,000 -1.4% $145 / Sq Ft
05/05/2025 05/05/25 Off Market $360,000 -- --
04/09/2025 04/09/25 Price Changed $360,000 -2.7% $147 / Sq Ft
03/28/2025 03/28/25 For Sale $370,000 +31.7% $151 / Sq Ft
05/03/2022 05/03/22 Sold $281,000 +0.4% $94 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $280,000 +55.6% $93 / Sq Ft
02/28/2020 02/28/20 Sold $180,000 +2.9% $73 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $175,000 -- $71 / Sq Ft
Source: MLS Now (Howard Hanna)

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Source: MLS Now (Howard Hanna)

MLS Number: 5109325

MLS Now (Howard Hanna)

APN: 129-13-048