18606 Cherokee AVE, Cleveland, OH 44119
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18606 Cherokee AVE, Cleveland, OH 44119
18606 Cherokee AVE, Cleveland, OH 44119
18606 Cherokee AVE, Cleveland, OH 44119
18606 Cherokee AVE, Cleveland, OH 44119
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Kathryn Schenk

Kathryn Schenk

+1(440) 360-9563
$ 210,000
Est. payment /mo
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18606 Cherokee AVE Cleveland, OH 44119

5 Beds

3 Baths

1,950 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $107

Subdivision Berwick Ext Sub

MLS Listing ID 5232350

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,950

Year Built 1923

Annual Tax Amount $2,810

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Triplex

Property Description

Triplex available on the Cleveland-Euclid border EASILY beats the 1% Rule and 10-Cap requirement with a potential of nearly $4K a month GRI once fully rented!! Investors and House-Hackers... If you are looking for a property with great cashflow to add to your portfolio, or want to start investing with an easy property, this is THE ONE for YOU!! The Front Unit features 2 bedrooms. Currently rented for $1050 through 12.11.26, the rent potential is much higher, with CMHA paying up to $1333 for a 2-bedroom in 44119. The Back Unit is an efficiency that has no kitchen or kitchenette. It is offered furnished and currently rented through Airbnb for approximately $1350/month. The Up Unit features 2 bedrooms and 1 bath, and could generate another $1333 each month, making the total annual rent income around $48K (the furnishings in this unit will convey, as well. As a furnished short or mid-term rental, this unit could generate $1800-2000 each month). Property has a valid LEAD Certificate. Additional features: glass block throughout the basement, aluminum siding and vinyl windows for low maintenance, updated electrical panels with romex, security system with cameras, EV charger, and a BRAND NEW ROOF (2026).

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 114-15-038

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Sophie Boehlen • Premier Heights Realty LLC • 216-860-0005, sophie@premierheights.com

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Kathryn Schenk

+1(440) 360-9563

katie@properly-properties.com

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18606 Cherokee AVE