Vision Sales Team

18606 Cherokee Avenue

Cleveland, OH 44119

MLS#: 5232350

$210,000

Status: Active
Listing number: 5232350
Listing provided by: Premier Heights Realty LLC
Listing agent phone: None
Last update: 15 days ago
On site: 26 days ago
Browse Properties
Berwick Ext Sub - Residential Income

Property

Beds

5

Full Baths

3

1/2 Baths

None

Year Built

1923

Sq.Footage

1,950

$48K potential GRI... Triplex available on the Cleveland-Euclid border EASILY beats the 1% Rule and 10-Cap requirement with a potential of nearly $4,000 a month GRI once fully rented!! Investors and House-Hackers... If you are looking for a property with great cashflow to add to your portfolio, or want to start investing with an easy property, this is THE ONE for YOU!! The Front Unit features 2 bedrooms. Currently rented for $1050 through 12.11.26, the rent potential is much higher, with CMHA paying up to $1333 for a 2-bedroom in 44119. The Back Unit is an efficiency that has no kitchen or kitchenette. It is offered furnished and currently rented through Airbnb for approximately $1350/month. The Up Unit features 2 bedrooms and 1 bath, and could generate another $1333 each month, making the total annual rent income around $48,000 (the furnishings in this unit will convey, as well. As a furnished short or mid-term rental, this unit could generate $1800-2000 each month). Property has a valid LEAD Certificate. Additional features: glass block throughout the basement, aluminum siding and vinyl windows for low maintenance, updated electrical panels with romex, security system with cameras, EV charger, and a BRAND NEW ROOF (2026).

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    3

  • Above Grade Finished Area

    1950.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding

  • Parking

    Detached, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1148

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $210,000

  • Tax Amount

    $2,810

  • Sq. Footage

    1,950

  • Price/SqFt

    $107

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    Cleveland Municipal - 1809

  • High School

    Cleveland Municipal - 1809

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

Cleveland Municipal - 1809

High School

Cleveland Municipal - 1809

Listing Courtesy of Sophie Boehlen , Premier Heights Realty LLC

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Agent Jeff Helfrich

AGENT

Jeff Helfrich

Call Jeff today to schedule a private showing.

(330) 557-2951

JeffHelfrich@VisionSalesTeam.com


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$48K potential GRI... Triplex available on the Cleveland-Euclid border EASILY beats the 1% Rule and 10-Cap requirement with a potential of nearly $4,000 a month GRI once fully rented!! Investors and House-Hackers... If you are looking for a property with great cashflow to add to your portfolio, or want to start investing with an easy property, this is THE ONE for YOU!! The Front Unit features 2 bedrooms. Currently rented for $1050 through 12.11.26, the rent potential is much higher, with CMHA paying up to $1333 for a 2-bedroom in 44119. The Back Unit is an efficiency that has no kitchen or kitchenette. It is offered furnished and currently rented through Airbnb for approximately $1350/month. The Up Unit features 2 bedrooms and 1 bath, and could generate another $1333 each month, making the total annual rent income around $48,000 (the furnishings in this unit will convey, as well. As a furnished short or mid-term rental, this unit could generate $1800-2000 each month). Property has a valid LEAD Certificate. Additional features: glass block throughout the basement, aluminum siding and vinyl windows for low maintenance, updated electrical panels with romex, security system with cameras, EV charger, and a BRAND NEW ROOF (2026).

18606 Cherokee Avenue

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