9904 Parkgate AVE, Cleveland, OH 44108
9904 Parkgate AVE, Cleveland, OH 44108
9904 Parkgate AVE, Cleveland, OH 44108
9904 Parkgate AVE, Cleveland, OH 44108
9904 Parkgate AVE, Cleveland, OH 44108
9904 Parkgate AVE, Cleveland, OH 44108
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$ 150,000
Est. payment | /mo

5 Beds

3 Baths

2,707 SqFt


Save
$ 150,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,707 SqFt

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,707 sqft

Price per Sqft $55

Subdivision Superior Park Sub #1

MLS Listing ID 5257142

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,707

Total Fin. Sqft 2707

Year Built 1911

Annual Tax Amount $2,146

Tax Year 2025

Lot Size 4,399 Sqft

Acres 0.101

Property Sub-Type Triplex

Property Description

Expand your investment portfolio with this income-producing Cleveland triplex, offering established rental income and additional earning potential! With two occupied units and a vacant third unit, this property presents an opportunity to collect existing rents while working toward full occupancy.

Units 1 and 2 each feature 2 bedrooms and 1 full bathroom, while Unit 3 offers 1 bedroom and 1 full bathroom. Each unit includes a spacious living room, a functional kitchen, and an adjoining dining room, creating a practical layout with comfortable spaces for everyday living. The basement provides additional storage and potential for future value-add improvements, plus a detached 1-car garage.

Unit 1 currently rents for $875/mo, and Unit 2 rents for $900/mo, both on month-to-month leases, generating $1,775 in current monthly gross rental income. Unit 3 is vacant with an estimated market rent of $960/mo, presenting an opportunity to increase total gross rental income to $2,735/mo, or $32,820 annually.

Conveniently located in Cleveland, with easy access to I-90 and major roadways, providing connections to destinations throughout the area. Nearby Louis Stokes Cleveland VA Medical Center and UH Cleveland Medical Center place major healthcare and employment destinations within reach, while Little Italy offers additional dining and neighborhood attractions. Proximity to public transportation, shopping, schools, parks, and everyday essentials further enhances the property's appeal for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With stable rental income and a vacant third unit offering additional income potential, this triplex presents an opportunity to expand your portfolio or enter the multifamily market! Schedule your showing today and discover the possibilities! No wholesalers. No Seller financing. No low ball offers.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry In Basement

Exterior

Parking Features Driveway, Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage true

Private Pool No

Building

Story 2

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-08-002

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Michael Azzam • RE/MAX Haven Realty • mike@theazzamgroup.com, 216-446-7606

Nearby Locations

Cherri Harrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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9904 Parkgate AVE