$280,000
About this home
Welcome to this triplex ideally located near the Cleveland/Lakewood border. This income-producing property offers an excellent opportunity for investors or owner-occupants seeking to offset living expenses with rental income. The property is currently fully occupied. The middle unit is leased at $850 per month, providing immediate rental income. The first and third-floor units are currently occupied but will be delivered vacant at the time of transfer, giving the next owner the flexibility to establish new lease terms at current market rates or occupy one of the units while leasing the others. The middle unit features its own in-unit laundry, while the first and third-floor units share laundry facilities located in the basement. Off street/driveway parking is available. Conveniently located with easy access to shopping, dining, parks, major highways, and downtown Cleveland, this property offers strong income potential and flexibility for a variety of ownership goals.
Property details
- MLS #
- 5232762
- Property type
- Triplex
- Subdivision
- Edgewater Land Co
- Status
- Active
- Days on market
- 19
- On market date
- July 31, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2066 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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 166
- Student:teacher ratio
- 11.1:1
- District
- Cleveland Municipal
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 187
- Student:teacher ratio
- 37.4:1
- District
- Lake Erie International High School
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 August 19, 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.