Discover a fantastic investment opportunity with this legal and zoned triplex, perfectly positioned to provide immediate cash flow and long-term stability. With 2 out of the 3 units currently occupied, this property offers steady income from day one. Its prime location near major hospitals, highways, and shopping centers ensures desirability for tenants and future appreciation for owners. This triplex has undergone significant updates, including new flooring, drywall, lighting, electrical work, and hot water tanks, providing peace of mind for any investor. The vinyl windows and separate furnaces for each unit, along with individual electrical panels and meters, make this property both efficient and tenant-friendly by shifting utility costs directly to the residents. Each unit is thoughtfully designed to maximize comfort and livability, making it an attractive option for renters. Whether you’re expanding your portfolio or seeking a property with low maintenance and high returns, this triplex is a must-see. Take advantage of the renovations and zoning already in place, and benefit from its fantastic location with easy access to everything tenants desire. Secure this cash-flowing gem before it’s gone!
This property is $5.1K less than the Median Sold Price and $33/SqFt less than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5089353
Listing Office:
Office Name: Keller Williams Living
Office Phone: (440) 935-9793
Listing Agent: Journey Toole
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 26, 2014
Jun 26, 2014Home Sold
$62,800
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,364
$15,440
2019
$1,263
$15,440
2018
$1,259
$15,440
2017
$1,599
$18,910
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school1.46 miles
Public District Grades 3-5
4
/10
Oxford Elementary School
939 Quilliams Rd
Distance between this listing and this school1.83 miles
Public District Grades KG-5
4
/10
Bella Academy of Excellence
19114 Bella Dr
Distance between this listing and this school2.40 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
East Academy
15720 Kipling Ave
Distance between this listing and this school0.25 miles
Public Charter Grades KG-8
4
/10
East Clark School
885 E 146th St
Distance between this listing and this school0.49 miles
Public District Grades PK-8
3
/10
Lake Erie College Preparatory School
14405 Saint Clair Ave
Distance between this listing and this school0.51 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Collinwood High School
15210 Saint Clair Ave
Distance between this listing and this school0.17 miles
Public District Grades 9-12
3
/10
Ginn Academy
655 E 162nd St
Distance between this listing and this school0.81 miles
Public District Grades 9-12
2
/10
Shaw High School
15320 Euclid Ave
Distance between this listing and this school1.06 miles
The neighbors living near this home have an average income of $14,668. The most common annual income of people living in Cleveland, OH is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
This home is located at 15521 Kipling Ave in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 2,340 square foot home, which was built in 1918, sits on a 0.13 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $159,900.
Over 223 listings were sold over their listed price in November 2024 in Cleveland, OH. In the same period over 310 listings were sold below the listed price and 96 listings were sold for the listed price. Between October 2024 and November 2024, Cleveland, OH real estate market has seen decrease in the number of listings by 4.7%. Listings spent 41 days on the market in November 2024, and had a median list price of $165,015 during the same period.
From Rocket Homes Real Estate and based on county public records data.