8311 Decker Avenue, Cleveland, OH 44103

Local realty services provided by:ERA Real Solutions Realty
8311 Decker Avenue,Cleveland, OH 44103
$175,000
  • 5 Beds
  • 3 Baths
  • 2,802 sq. ft.
  • Multi-family
  • Active
Listed by: keyano burgess
Office: lokal real estate, llc.
MLS#:5242656
Source:OH_NORMLS

Price summary

  • Price:$175,000
  • Price per sq. ft.:$62.46

About this home

Excellent investment opportunity at 8311 Decker Ave! This triplex offers a desirable combination of established rental income, tenant stability, and additional income potential. The first-floor unit is currently vacant, allowing the next owner to immediately place a tenant at current market rents. CMHA rental rates in the 44103 ZIP code can reach as high as $1,209, providing an opportunity to further increase the property's gross monthly income. Unit 2 features 2 bedrooms and 1 bathroom and is occupied by a cash-paying tenant at $750 per month, with a lease through 5/1/2027. Unit 3 features 1 bedroom and 1 bathroom and is occupied by a cash-paying tenant at $600 per month, with a lease through 12/1/2026. The property also features furnaces and hot water tanks that are approximately five years old or newer, adding to the property's overall appeal as a largely stabilized multifamily investment. With two occupied units already generating income and a vacant unit ready for...

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Home facts

  • Year built:1900
  • Subdivision & Development:L M Southerns Wade Park Ave
  • Listing ID #:5242656
  • Added:1 day(s) ago
  • Updated:September 06, 2026 at 02:21 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,802 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Slate
  • Year built:1900
  • Building area:2,802 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$62.46
  • Tax amount:$1,370 (2025)
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