$275,000
$75K PRICE DROP

Estimated payment $2,010/month

Total Views 12,579
5 Beds
3 Baths
2,454 Sq Ft
$112 Price per Sq Ft

Highlights

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

About This Home

RARE opportunity to own a fully occupied turnkey triplex in the desirable Shaker Square area with an assumable FHA mortgage at 5.25%. Three 2-bed, 1-bath units generating $2,800/month in rental income with leases in place through 2026-2027 for immediate cash flow. Features include brand-new flooring, spacious closets, and a 4-car garage. Conveniently located near transit, Dave's Market, Shaker Lakes, and local attractions. Optional professional management available for a seamless transition. Excellent investment opportunity with built-in financing advantage.

Listing Agent

Natalie Berezovsky

IIP Management, LLC. Brokerage Email: 216-503-6300, offers@iip-management.com License #2014002430 Listed on: 11/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1920

Lot Details

  • 6,120 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Detached Garage

Home Design

  • Triplex
  • 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

Listing and Financial Details

  • Assessor Parcel Number 129-13-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,505

Year Built

Built in 1920

Lot Details

6,120 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1920
  • Attribution Contact: 216-503-6300, offers@iip-management.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Northwood Park
  • Above Grade Finished Sq Ft: 2454.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2024
  • 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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1405
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick, Block
  • Direction Faces: West
  • Foundation Details: Block

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

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

Tax Info

  • Tax Annual Amount: 6505.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,508 $98,350 $10,500 $87,850
2024 $6,505 $98,350 $10,500 $87,850
2023 $4,825 $63,010 $7,880 $55,130
2022 $4,857 $63,000 $7,875 $55,125
2021 $4,812 $63,000 $7,880 $55,130
2020 $2,375 $27,270 $6,720 $20,550
2019 $2,198 $77,900 $19,200 $58,700
2018 $2,191 $27,270 $6,720 $20,550
2017 $2,192 $26,320 $5,810 $20,510
2016 $2,175 $26,320 $5,810 $20,510
2015 $2,427 $26,320 $5,810 $20,510
2014 $2,427 $29,260 $6,440 $22,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2026 04/24/26 Price Changed $275,000 -8.0% $112 / Sq Ft
04/09/2026 04/09/26 Price Changed $299,000 -6.3% $122 / Sq Ft
03/03/2026 03/03/26 Price Changed $319,000 -1.8% $130 / Sq Ft
01/08/2026 01/08/26 Price Changed $325,000 -1.5% $132 / Sq Ft
12/04/2025 12/04/25 Price Changed $330,000 -5.7% $134 / Sq Ft
11/07/2025 11/07/25 For Sale $350,000 +24.6% $143 / Sq Ft
05/03/2022 05/03/22 Sold $281,000 +0.4% $94 / Sq Ft View Prior Sale
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 View Prior Sale
02/18/2020 02/18/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $175,000 -- $71 / Sq Ft
Source: MLS Now

Source: MLS Now

MLS Number: 5169402

MLS Now

APN: 129-13-048

Your Personal Tour Guide

Ask me questions while you tour the home.