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info@luxehauscle.com +1(216) 971-3161

$ 379,900

Est. payment | -/mo

5 Beds

3 Baths

3,120 SqFt

Save

$ 379,900

Est. payment | -/mo

Save

5 Beds

3 Baths

3,120 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $121

Subdivision Cedar Heights Allotment

MLS Listing ID 5219357

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 3,120

Year Built 1920

Annual Tax Amount $11,470

Tax Year 2025

Lot Size 5,519 Sqft

Acres 0.1267

Property Sub-Type Triplex

Property Description

Great 3-unit investment opportunity in the historic Cedar Heights neighborhood of Cleveland Heights, just steps from the shopping, dining, and entertainment destinations at the top of Cedar Hill and conveniently located near schools, University Circle attractions, hospitals, Case Western Reserve University, and Downtown Cleveland. This income-producing property has the potential to generate approximately $3,625 per month in rental income and features a detached 3-car garage, 2 furnaces, 2 hot water tanks, and 2 central A/C units. The first and second-floor units are leased and offer identical layouts with 2 bedrooms, a full bath, living room, dining room, updated kitchen with granite countertops, and in-unit laundry. One unit also features a Viking range. The third-floor studio apartment is currently vacant and has been completely renovated, offering a flexible 1-bedroom layout, full bath, and all furniture included, creating an excellent opportunity for an owner-occupant, short-term rental, or additional long-term income. Laundry for the 3rd unit is available in the basement. RECENT UPDATES: Replaced roof (2023), tore down and rebuilt front porch & balcony (2024), completely remodeled 3rd floor (2021). INCLUDED are ALL kitchen appliances, washers/dryers, and 3rd-floor furniture.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling Central Air, Ceiling Fan(s), Window Unit(s)

Fireplace No

Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer

Laundry In Basement, In Unit

Exterior

Parking Features Detached, Garage

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-27-059

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Val Ivanchenko • Engel & Völkers Distinct • 440-568-0400, cleveland@evrealestate.com

NEARBY SCHOOLS & PROPERTIES

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+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

2313 Grandview AVE Cleveland Heights, OH 44106