2827 Avondale Avenue, Cleveland Heights, OH 44118
Local realty services provided by:ERA Real Solutions Realty
Listed by: nicole mchale
Office: keller williams greater metropolitan
MLS#:5213141
Source:OH_NORMLS
Price summary
- Price:$289,900
- Price per sq. ft.:$69.02
About this home
Turnkey Legal Triplex in Cleveland Heights
Excellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy.
Current rents:
Unit 1: $1,300/month (occupied) 1680 sq ft, 2 bedroom, +bonus room, 1 bath, lease until 6/30/27
Unit 2: $1,275/month (occupied) 1680sq ft, 2 bedroom +bonus room, 1 bath, lease until 3/31/27
Unit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath
Total full rent: $3,550
Recent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire completed in 2023, windows repaired/repainted, basement painted, new water heater, new 3rd floor heaters. Property previously passed owner inspection in 2023 (including redone garage floor and garage wall). Lead certification nearly complete (paint scraped, repainted, currently waiting on lab results). POS inspection pending.
Location: near Case Western Reserve University, University Circle hospitals, Coventry Village, and Little Italy, making it highly attractive to students and healthcare professionals....
Contact an agent
Home facts
- Year built:1920
- Subdivision & Development:Fowler Critchley & Corlett All
- Listing ID #:5213141
- Added:55 day(s) ago
- Updated:July 14, 2026 at 09:37 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:4,200 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1920
- Building area:4,200 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Aluminium Siding, Vinyl Siding, Wood Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,900
- Price per sq. ft.:$69.02
- Tax amount:$9,996 (2025)
Parking
- Parking description:Paved
- Garage:Yes
- Garage spaces:2
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