Property
Beds
6
Full Baths
3
1/2 Baths
None
Year Built
1920
Sq.Footage
2,066
Welcome to 5101 Herman Avenue, a unique triplex opportunity in one of Cleveland's most dynamic and fast-growing neighborhoods. This rare property features two buildings on one lot ? a front duplex with two spacious units, and a rear single-family home ? offering flexible rental configurations and strong cash flow potential. Positioned in the heart of Detroit-Shoreway, this property is surrounded by some of Cleveland's most exciting attractions. Tenants will love being just minutes from the Gordon Square Arts District, where indie theaters, art galleries, coffee shops, and breweries make it a cultural hotspot. Enjoy Edgewater Park and Lake Erie's beaches less than a 10-minute walk, perfect for summer draw and long-term tenant satisfaction. Located in an Opportunity Zone, 5101 Herman offers potential tax advantages for savvy investors, while the ongoing neighborhood development signals strong appreciation upside. Whether you're looking for long-term tenants, short-term rentals, or a house-hack setup, this triplex checks all the boxes. Recent updates, good care from a local owner, solid bones, and separate entrances/utilities make this a low-hassle, high-reward investment. With high rental demand and a walkable, transit-friendly location near downtown Cleveland, Ohio City, and Tremont, this property won't stay on the market long.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Eat-in Kitchen
-
Total Bedrooms
6
-
Bathrooms
3
-
Above Grade Finished Area
2066.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding
-
Other Exterior Features
Awning(s)
-
Parking
None, On Street
-
Pool
No
-
Waterfront YN
YES
-
View
Beach, City Lights, City, Lake
Area & Lot
-
Lot Features
Back Yard, Interior Lot, Waterfront
-
Lot Size(acres)
0.0758
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$309,900
-
Tax Amount
3970.0
-
Sq. Footage
2, 066
-
Price/SqFt
$150
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
4
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Kevin Ramsammy , RE/MAX Above & Beyond
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