6 Beds
3 Baths
4,096 sqft
$169,500
10117 Somerset Avenue, Cleveland OH, 44108
Price per sqft$41.38
Built in1911
Property size4,096 sqft
Property typeMulti-family
Overview
Active
Listed Apr 6, 2026
Updated 11 days ago
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.
$1,128/mo
Est. mortgage payment based on a $169,500 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5195508
Interior Features
- Bedrooms
- 6
- Bathrooms
- 3
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.1 Acres
Other Property Details
- Taxes
- $1,616
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of Coldwell Banker Schmidt Realty
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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