Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 6-bedroom, 3-bathroom residential multi family at 10117 Somerset Avenue in Cleveland, OH is listed for $169,500 ($41 per sqft). Built in 1911, the home offers 4,096 sqft of living space on a 0.10 acres lot.
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.
Key Features
- Built in 1911
- 0.10 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$907/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10117 Somerset Avenue
Cleveland, OH 44108
University Circle
Property Details
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 10117 Somerset Avenue is listed at $169,500 ($41/sqft). The estimated monthly payment is $735 based on 20% down at 6.5% interest.
Key features include: Built in 1911, 0.10 acre lot, 3 stories.
This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.