$379,000

About this home

Turn-key legal 3-family property on one of Cleveland Heights’ most desirable streets just minutes from Cleveland Clinic, University Circle, Case Western Reserve, and downtown Cleveland. Excellent opportunity for investors or owner-occupants looking for strong income potential and long-term appreciation. Major improvements within the last 5 years include new furnaces, new hot water tanks, fresh interior paint, and kitchen and bath updates. The third floor has been recently renovated to match the condition of the other units, creating a cohesive and well-maintained property throughout. Flexible income setup with one unit currently leased and two units operating as short-term rentals. Ideal house-hack opportunity – live in one unit while the others help cover expenses, or convert all units to maximize rental income. Located on a highly sought-after block featuring a neighborhood park on the corner and a community garden nearby. Strong rental location with continued demand due to proximity to major hospitals, universities, and Cleveland’s cultural hub. Point of Sale inspection ordered. Property offers immediate income potential with upside through rental strategy optimization. Rare opportunity to acquire a performing multifamily in a prime location.

Property details

MLS #

5198004

Property type

Triplex

Subdivision

N/A

Status

Active

Days on market

114

On market date

N/A

Stories

3

Garage spaces

3

Lot size

0.2057 acres

Nearby schools

Within 10 miles · public school directory data (NCES)