Triplex at 3533 Carlyle Avenue, Cleveland
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$199,900

Under contract
3533 Carlyle Avenue
Cleveland, OH 44109
Listed by Kyle Cutler · EXP Realty, LLC.
Bedrooms
3
Bathrooms
3.5
Living area
1,836 sqft
Year built
1880

About this home

Fully renovated in 2025, this turnkey triplex in Cleveland's Clark-Fulton neighborhood offers an excellent investment opportunity with strong and stable cash flow. The property features three one-bedroom, one-bathroom units, along with a convenient half bath located in the basement. Currently generating $3,000 per month in gross rental income, the property benefits from all three tenants participating in the EDEN program, providing a majority of the rental income through guaranteed payments. The property is lead-safe certified, offering added peace of mind for investors and tenants alike. Recent renovations help minimize maintenance concerns while enhancing tenant appeal. Whether you are looking to expand your investment portfolio or acquire a cash-flowing multifamily property, this triplex offers a compelling combination of updated condition, reliable income, and a convenient location near downtown Cleveland, major highways, shopping, dining, and public transportation.

Property details

MLS
NOWDD
MLS #
5212922
Property type
Triplex
Subdivision
G E & G L Hartnells Allotment
Status
Under contract
Days on market
123
On market date
June 5, 2026
Stories
2
Total bathrooms
3.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.1045 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
Lincoln Park Academy
0.34 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
364
Student:teacher ratio
14.0:1
District
Lincoln Park Academy
MiddleCharter
Constellation Schools: Stockyard Community Middle
1.21 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
37.0:1
District
Constellation Schools: Stockyard Community Middle
HighCharter
Frederick Douglass High School
0.29 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
162
Student:teacher ratio
32.4:1
District
Frederick Douglass 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).

80
Highly walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores17
Parks6
Schools17
Transit stops20
Pharmacies7

Market position

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

On the market 123 days -- 73 more days than Cleveland's current average of 50 days.
For reference, the median list price across 2,487 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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Est. monthly payment
$1,354/mo
$39,980 down
$159,920 loan
Principal & interest$1,037
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 5 days ago.

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.