15711 Grovewood, Cleveland, OH 44110
Local realty services provided by:ERA Real Solutions Realty
Listed by:shoshana socher
Office:keller williams greater metropolitan
MLS#:5163102
Source:OH_NORMLS
Price summary
- Price:$125,000
- Price per sq. ft.:$48.45
About this home
Three Unit Income Property in Cleveland’s East Side, featuring two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Two of the three units are currently occupied month-to-month, providing immediate income with flexibility for future plans.
Each unit offers functional layouts, separate utilities, and comfortable living space. Conveniently located near public transportation, shopping, dining, and major roadways, making it an ideal addition to any investment portfolio.
A great opportunity for investors or an owner-occupant looking to live in one unit and rent the others.
Cap rate based on current rent roll and estimated expenses. Buyer to verify all income and expenses independently.
Pro-forma cap rate of 20.72% ($2590*10/$125,000) Current 13.52%.
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Home facts
- Year built:1928
- Listing ID #:5163102
- Added:2 day(s) ago
- Updated:October 10, 2025 at 10:41 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,580 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass, Shingle
- Year built:1928
- Building area:2,580 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$125,000
- Price per sq. ft.:$48.45
- Tax amount:$2,558 (2024)
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