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    10114 Parkgate Ave Cleveland, OH 44108

    For Sale
    $106,000

    MULTI_FAMILY - Cleveland, OH

    Lot size:
    0.10 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 10114 Parkgate Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 6, Bathroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 1
    Bedrooms
    6
    Bathrooms
    3
    APN
    109-08-016
    Parking features
    Garage, Driveway
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1911
    Floors in Building
    3
    Building materials
    Frame
    Roof type
    Shingle, Asphalt

    Lokal Real Estate, LLC (216) 252-6580 [email protected]

    Listing agent Joslin Griffin (216) 609-8165 License #2021003054

    Listing date Nov 3, 2025

    MLS# 5150459 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleveland Triplex Near Medical Corridor

    This triplex, located in Cleveland's medical and cultural corridor, features six bedrooms and three bathrooms. The property is near Cleveland Clinic, University Hospitals, the VA, museums, and parks, with shopping, dining, and public transportation within walking distance. The building offers functional layouts with eat-in kitchens and separate entrances for each unit. On-site laundry potential and ample storage are available. Off-street and street parking are accessible. The property is currently tenant-occupied, generating income. Convenient access to major thoroughfares and downtown is provided. The location benefits from high rental demand due to nearby hospitals, universities, and employers, attracting a diverse tenant pool of medical professionals, students, and staff. The 0.101-acre lot is located in Cuyahoga County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.618624
    Latitude
    41.528329

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    FAQs

    What type of property is this?
    Triplex - Six-bedroom triplex near hospitals, universities, and cultural attractions.
    Where is this triplex located?
    The property is located at 10114 Parkgate Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $106,000.
    What are key features of this property?
    This property features: - Income-producing triplex in a prime location near Cleveland Clinic, University Hospitals, and the VA.; - High rental demand due to proximity to major medical and educational institutions, ensuring stable occupancy.; - Six bedrooms and three bathrooms across three units, ideal for house-hacking or maximizing rental income.
    (216) 609-8165
    Request Owner's contact information
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    Cleveland, OH 44108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10114 Parkgate Ave Cleveland, OH 44108
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