10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
10117 Somerset AVE, Cleveland, OH 44108
35
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$169,500
Est. payment /mo
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6 Beds
3 Baths
4,096 SqFt
Active

10117 Somerset AVE Cleveland, OH 44108

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,096 sqft

Price per Sqft $41

Subdivision University Circle

MLS Listing ID 5195508

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,952

Year Built 1911

Annual Tax Amount $1,616

Tax Year 2025

Lot Size 4,399 Sqft

Acres 0.101

Property Sub-Type Triplex

Stories Three Or More

Story Three Or More

Property Description

ATTENTION INVESTORS! Affordable, turnkey triplex opportunity in the rapidly developing University Circle/Wade Park area, known for strong rental demand & continued appreciation. Prime location just minutes from major college & medical campuses—approximately a 2-minute drive or 5-minute walk—making this an ideal rental property for consistent occupancy. Spacious three-family property features three units, each offering 2 bedrooms and 1 full bath with comfortable, functional layouts. One unit is currently occupied (third floor) by a tenant who would like to remain, while the other two units are vacant and rent-ready, providing immediate upside for owner-occupants or investors seeking to lease at current market rents. Property has seen recent renovations/offers solid mechanical updates, including updated furnaces and hot water tanks, all separately metered for efficiency and tenant responsibility. Additional improvements include updated electrical systems and a flat roof installed in 2018. Situated on a quiet street in a high-demand rental corridor, property offers flexibility, strong income potential, long-term growth in one of the area's most active redevelopment zones. Do not disturb tenant on 3rd floor. No wholesalers/owner financing. ONLY 1st 2 units can be shown till accepted offer.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Flat

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-09-192


Northern Ohio Regional MLS (YES-MLS)
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653

NEARBY SCHOOL & BUSINESS

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Laney Ross

Laney Ross

Broker Associate, Agent | OH & WV | License ID: WV0022606

+1(740) 310-2590

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10117 Somerset AVE