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4 Beds
3 Baths

$150,000

10117 Somerset Avenue, Cleveland OH, 44108

Built in1911
Property typeMulti-family

Overview

Active

Listed Oct 25, 2026

Updated 8h ago

NEW REDUCED PRICE! ATTENTION INVESTORS! FULLY VACANT TRIPLEX WITH EXCELLENT INCOME POTENTIAL NEAR UNIVERSITY CIRCLE & WADE PARK! Fantastic opportunity to expand your investment portfolio with this spacious, nicely updated three-family property offering immediate occupancy and tremendous income potential! ALL THREE UNITS ARE NOW VACANT, giving investors the flexibility to select their own tenants, establish new rental rates, and maximize cash flow from day one! Situated in a high-demand rental corridor just minutes from University Circle's educational and medical campuses, this property offers convenient access to major employment centers, shopping, dining, and neighborhood amenities. Each of the three units features 2 bedrooms and 1 full bathroom, providing comfortable, functional layouts with strong rental appeal. With all three units vacant, this property also presents an excellent opportunity for buyers looking to owner-occupy one unit while generating rental income from the others! Numerous valuable improvements have already been completed, including updated furnaces, hot water tanks, electrical systems, and a flat roof installed in 2018. Separate metering provides added convenience for utility management and operating efficiency. Located on a quiet street near University Circle and Wade Park, this property offers an attractive combination of affordability, location, improvements, and long-term investment potential. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a multifamily opportunity, this property deserves your attention! IMMEDIATE OCCUPANCY AVAILABLE! Don't miss your chance to acquire a fully vacant triplex with the flexibility to implement your own rental strategy! No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

$998/mo

Est. mortgage payment based on a $150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5255965

Interior Features

Bedrooms
4
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$1,616
Tax Frequency
Annually
Garage
Yes
Municipality
Cleveland

Courtesy of Coldwell Banker Schmidt Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tiffany Scavone shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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