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Listed price in listed location currency (USD).
$299,900

632

MLS® 5213141

Open House
Sun Jun 7, 1:00-3:00 PM EDT
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4200 sqft
Garage Yes
Taxes $9,996
Days Active 1
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $71
MLS® Number 5213141

Property Address: 2827 Avondale Ave, Cleveland Heights, OH, 44118-1473

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Legal Triplex in Cleveland Heights Excellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy. Current rents: Unit 1: $1, 300/month (occupied) 1680 sq ft, 2 bedroom, +bonus room, 1 bath, lease until 6/30/27 Unit 2: $1, 275/month (occupied) 1680sq ft, 2 bedroom +bonus room, 1 bath, lease until 3/31/27 Unit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath Total full rent: $3, 550 Recent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire completed in 2023, windows repaired/repainted, basement painted, new water heater, new 3rd floor heaters. Property previously passed owner inspection in 2023 (including redone garage floor and garage wall). Lead certification nearly complete (paint scraped, repainted, currently waiting on lab results). POS inspection pending. Location: near Case Western Reserve University, University Circle hospitals, Coventry Village, and Little Italy, making it highly attractive to students and healthcare professionals.
MLS® Number5213141
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementFull, Unfinished
DrivewayPaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$299,900List Price
  • Commute

Commute

Starting Address
Destination Address
2827 Avondale Ave, Cleveland Heights, OH

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