$199,900
PENDING

Estimated payment $1,328/month

Total Views 1
5 Beds
3 Baths
2,304 Sq Ft
$87 Price per Sq Ft

About This Home

Here's your chance to become a Real Estate investor overnight! This income-producing triplex in Cleveland offers immediate cash flow with two tenant-occupied units and a value-add opportunity in the third.

The downstairs unit features 2 bedrooms and 1 bathroom, currently rented at $940/month through 1/31/26. The upstairs unit also offers 2 bedrooms and 1 bathroom, leased at $870/month through 4/30/26. The third-floor unit, with its own private entrance, includes 1 bedroom, a small kitchen, and a full bathroom. While currently vacant, it’s close to rent-ready—just an estimated $5K–$10K in final updates and it’s ready to generate income.

Over $60K in updates and renovations since 2019, including interior and exterior paint, new kitchen cabinets, LVP flooring, and updated bathrooms. Whether you're looking to expand your portfolio or begin your investment journey, this triplex combines stable rental income with future upside. Professional management with rehab services specifically available for remote investors. Ask for details!

Listing Agent

Mike Azzam

RE/MAX Haven Realty Brokerage Email: mike@theazzamgroup.com, 216-232-2187 License #2014004734 Listed on: 08/07/2025

RE/MAX Haven Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1915

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Lorain Street & Dennison Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018-10-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,792

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1915
  • Attribution Contact: mike@theazzamgroup.com, 216-232-2187
  • Subdivision Name: Lorain Street & Dennison Ave
  • Above Grade Finished Sq Ft: 2304.0
  • 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: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.0918
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Off Street

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 018-10-001

Tax Info

  • Tax Annual Amount: 2792.0

Map

Range of Values:

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Average Value
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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
08/07/2025 08/07/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $199,900 -- $87 / Sq Ft
Source: MLS Now

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Source: MLS Now

MLS Number: 5146468

MLS Now

APN: 018-10-001