Triplex at 1051 E 171st Street, Cleveland
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$215,900

1051 E 171st Street
Cleveland, OH 44119
Listed by Jermaine N Brooks · Keller Williams Greater Metropolitan
Bedrooms
5
Bathrooms
3
Living area
2,798 sqft
Year built
1925

About this home

Become a Real Estate Investor Overnight! The hard part has already been done. Welcome to a turnkey triplex in the heart of South Collinwood offering immediate cash flow and strong long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or a first time buyer seeking a performing asset, this property is ready to generate income from day one. The first and second floor units feature spacious floor plans with large living rooms, traditional dining rooms, oversized picture windows, two bedrooms, full kitchens, updated bathrooms, and large porches for your outdoor entertainment. The third floor offers a newly finished loft style unit with over 600 sq/ft of living space, soaring ceilings, and excellent rental potential. Significant renovations were completed in 2019 and 2026 including a full tear-off roof, new windows, updated kitchens and bathrooms, new hot water tanks, updated siding, two newer furnaces, waterproofed basement, new stack, updated electrical panels, and a rebuilt front porch. The first and second floor units are currently occupied, providing immediate rental income, while the major systems and capital improvements have already been addressed, making this a true turn key investment. With strong cash flow potential, low maintenance concerns, and room for continued appreciation, this property is an excellent opportunity to build or strengthen your real estate portfolio. Home Warranty Included.

Property details

MLS
NOWDD
MLS #
5213471
Property type
Triplex
Subdivision
N/A
Status
Active
Days on market
59
On market date
May 30, 2026
Stories
2
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1782 acres
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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.

ElementaryCharter
Lakeshore Intergenerational School
0.49 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
233
Student:teacher ratio
13.7:1
District
Lakeshore Intergenerational School
Middle
Euclid Middle School
2.11 mi away · Grades 6-9
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
973
Student:teacher ratio
13.9:1
District
Euclid City
High
Ginn Academy
1.12 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
317
Student:teacher ratio
13.8:1
District
Cleveland Municipal

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).

67
Walkable
out of 100
EPA National Walkability Index
12.3 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores1
Parks16
Schools11
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 59 days -- 9 more days than Cleveland's current average of 50 days.
For reference, the median list price across 2,478 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$1,450/mo
$43,180 down
$172,720 loan
Principal & interest$1,120
Property tax (est.)$180
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 29, 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.