11805 Chesterfield Avenue, Cleveland, OH 44108

$110,000

bedrooms

bathrooms

square feet

2,146

Acreage

0.1

Open Houses

year built

1914

Full Baths

Half Baths

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Investors, don’t miss this value-add triplex opportunity with immediate rental income! This property features two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit, generating a combined monthly gross rent of $1,785. Unit 1 is occupied by a long-term CMHA tenant paying $800 monthly, ensuring stable income. The property offers significant upside through cosmetic upgrades and minor improvements, but major cap-ex items are already addressed, including newer vinyl windows, a recently updated roof, and well-maintained electrical systems. Each unit has a practical layout with room for increased rents after minor updates. Situated in a rental-friendly area with convenient access to public transportation, shopping, and local amenities, this triplex is primed for strong tenant demand. With minimal initial investment needed on structural components, your capital can be focused on enhancing value and increasing rental returns. Act quickly—this multifamily won't last long!

Location
Subdivision	-
County	Cuyahoga
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 5118362

Listing agent: Jack Krusinski #2021004622

Listing broker: Re/Max Trinity Llc (440) 546-1313

Last update: Wednesday, April 30 2025 at 7:14 p.m. EDT

Kotohomes National