$115,000
About this home
This income-producing multifamily offers three separate rentable spaces with strong cash-flow potential and value-add upside. The first-floor unit mirrors the second-floor layout with 2 bedrooms, 1 full bath, oversized living room, and large kitchen, with light cosmetic improvements needed after the recent tenant move-out, giving the next owner a clear opportunity to increase rents through minor updates. The second-floor unit is in solid condition and offers 2 bedrooms, 1 full bath, a spacious living room, large kitchen, carpeted living areas, and its own dedicated furnace for separate temperature control. The third-floor studio suite is a standout feature, complete with a small kitchen, full bathroom, and electric heat, making it an ideal affordable rental for a tenant seeking a simple, low-maintenance living setup with predictable utility costs.Additional exterior features include wood and vinyl siding, a welcoming front porch and side porch, asphalt driveway, on-street and off-street parking, a detached 2-car garage, partially fenced backyard, and grassy area next to the garage. The basement is equipped with two hot water tanks, two electric panels, and a dedicated furnace for the first floor, while the third-floor studio is heated by electric baseboard heat. Located near major hospitals, museums, public transit, downtown Cleveland access, and one of the strongest rental demand corridors on the east side, this property is an excellent opportunity for an investor looking for multiple income streams, strong tenant demand, and long-term appreciation at an attractive price point.
Property details
- MLS #
- 5201937
- Property type
- Triplex
- Subdivision
- M & M Halles
- Status
- Active
- Days on market
- N/A
- On market date
- April 17, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.1102 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 287
- Student:teacher ratio
- 14.4:1
- District
- Cleveland Municipal
- Enrollment
- 581
- Student:teacher ratio
- 11.9:1
- District
- Cleveland Heights-University Heights City
- Enrollment
- 329
- Student:teacher ratio
- 11.8:1
- District
- Horizon Science Acad Cleveland
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated April 17, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.