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$ 275,000
Est. payment | /mo
7 Beds
3 Baths
5,401 Sqft Lot
$ 275,000
Est. payment | /mo
7 Beds
3 Baths
5,401 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision J M Hoyts Allotment
MLS Listing ID 5205282
Bedrooms 7
Full Baths 3
HOA Y/N No
Year Built 1900
Annual Tax Amount $656
Tax Year 2025
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Triplex
Property Description
Calling all investors and future owner-occupants seeking to build long-term wealth! This triplex presents a prime opportunity, offering strong returns and exceptional upside in one of Cleveland's most connected and rapidly evolving neighborhoods.
One unit is fully renovated and currently occupied, featuring modern finishes, updated cabinetry, quartz countertops, custom tilework, and new flooring—perfect for an owner-occupant or commanding top-market rent. The remaining two units are vacant, providing immediate income potential with additional value-add opportunities. Projected rents are $1,100+ for the two-bedroom unit and $1,500+ for the three-bedroom unit.
Located in the heart of AsiaTown and the Goodrich-Kirtland Park area, just minutes from Downtown Cleveland, this property benefits from excellent walkability, convenient public transit access, and close proximity to vibrant cultural and dining destinations. With redevelopment momentum building across the city, this neighborhood is seeing increased residential investment and growing demand for multi-family housing.
Don't miss this rare chance to secure a high-yield property in a neighborhood on the rise.
One unit is fully renovated and currently occupied, featuring modern finishes, updated cabinetry, quartz countertops, custom tilework, and new flooring—perfect for an owner-occupant or commanding top-market rent. The remaining two units are vacant, providing immediate income potential with additional value-add opportunities. Projected rents are $1,100+ for the two-bedroom unit and $1,500+ for the three-bedroom unit.
Located in the heart of AsiaTown and the Goodrich-Kirtland Park area, just minutes from Downtown Cleveland, this property benefits from excellent walkability, convenient public transit access, and close proximity to vibrant cultural and dining destinations. With redevelopment momentum building across the city, this neighborhood is seeing increased residential investment and growing demand for multi-family housing.
Don't miss this rare chance to secure a high-yield property in a neighborhood on the rise.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-08-062
Special Listing Condition Standard
Listed by Jeremy J Rodriguez • D.A.R.E • 216-287-1766, darerealtyllc@gmail.com
NEARBY SCHOOL & BUSINESS