$275,000
PENDING $75K PRICE DROP

Estimated payment $2,036/month

Total Views 14,588
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2026 06/09/26 Pending -- -- --
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $281,000 Pearliaw Offices Llc
Interfamily Deed Transfer -- Ohio Real Title
Warranty Deed $180,000 Ohio Real Title
Deed $45,000 --
Deed $25,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $271,621 FHA
Previous Owner $83,500 Unknown
Previous Owner $120,000 Unknown
Previous Owner $125,000 Credit Line Revolving
Previous Owner $80,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Source: MLS Now

MLS Number: 5169402

MLS Now

APN: 129-13-048

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