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Listed price in listed location currency (USD).
$312,000

522

MLS® 5196748

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2855 sqft
Garage Yes
Taxes $7,596
Days Active 0
Lot Size 0.101 acres
Approx. Age 1922
Avg. Price Per Sqft $109
MLS® Number 5196748

Property Address: 3141 Kensington Rd, Cleveland Heights, OH, 44118-3564

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

Description

Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1, 250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1, 300/mo. Tenant on one year lease.Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1, 300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3, 350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.
MLS® Number5196748
Laundry Level
Central VacNo
FireplaceNo
Acreage0.101
Exterior
GarageYes
Approx. Age1922
Basement
DrivewayDriveway, Detached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$312,000List Price
  • Commute

Commute

Starting Address
Destination Address
3141 Kensington Rd, Cleveland Heights, OH

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