$150,000
About this home
Expand your investment portfolio with this income-producing Cleveland triplex, offering established rental income and additional earning potential! With two occupied units and a vacant third unit, this property presents an opportunity to collect existing rents while working toward full occupancy. Units 1 and 2 each feature 2 bedrooms and 1 full bathroom, while Unit 3 offers 1 bedroom and 1 full bathroom. Each unit includes a spacious living room, a functional kitchen, and an adjoining dining room, creating a practical layout with comfortable spaces for everyday living. The basement provides additional storage and potential for future value-add improvements, plus a detached 1-car garage. Unit 1 currently rents for $875/mo, and Unit 2 rents for $900/mo, both on month-to-month leases, generating $1,775 in current monthly gross rental income. Unit 3 is vacant with an estimated market rent of $960/mo, presenting an opportunity to increase total gross rental income to $2,735/mo, or $32,820 annually. Conveniently located in Cleveland, with easy access to I-90 and major roadways, providing connections to destinations throughout the area. Nearby Louis Stokes Cleveland VA Medical Center and UH Cleveland Medical Center place major healthcare and employment destinations within reach, while Little Italy offers additional dining and neighborhood attractions. Proximity to public transportation, shopping, schools, parks, and everyday essentials further enhances the property’s appeal for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With stable rental income and a vacant third unit offering additional income potential, this triplex presents an opportunity to expand your portfolio or enter the multifamily market! Schedule your showing today and discover the possibilities! No wholesalers. No Seller financing. No low ball offers.
Property details
- MLS
- NOWDD
- MLS #
- 5257142
- Property type
- Triplex
- Subdivision
- Superior Park Sub #1
- Status
- Active
- Days on market
- N/A
- On market date
- October 29, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.101 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
- 407
- Student:teacher ratio
- 15.1:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 560
- Student:teacher ratio
- 15.6:1
- 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).
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 1 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.