Search
Three-Unit Triplex with Updates
For Sale
$169,500

10117 SOMERSET AVENUE, Cleveland, OH 44108

CLEVELAND, OH

Property Size4,096 SF
Price / SF$41.38
Days on Market12

Property Features for 10117 SOMERSET AVENUE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 1
Subdivision UNIVERSITY CIRCLE
Standard status Active
Size 4,096 SF

Building Details

Year built 1911
Listing Agency: Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher Frederick · License #426983
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 24 at 4:06AM
MLS# 5195508

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,096-square-foot triplex, built in 1911, contains three apartments with matching two-bedroom, one-bath layouts. The third-floor residence is occupied by a tenant who wishes to remain, while the first- and second-floor units are vacant and ready for occupancy. Recent work includes updated furnaces, hot water tanks, and electrical systems, with separate metering for each unit. A flat roof was installed in 2018.

The property is located at 10117 Somerset Avenue in Cleveland, Ohio 44108, within approximately a 2-minute drive or 5-minute walk of major college and medical campuses. Showings are limited to the first two units until an accepted offer, and the third-floor tenant is not to be disturbed.

The three-unit configuration provides an existing occupied component alongside two vacant apartments, giving the property both established tenancy and available units for future leasing or owner occupancy.

Key Highlights

  • Three apartments, each with 2 bedrooms and 1 full bath
  • 4,096 square feet across the triplex
  • Third‑floor unit occupied; first- and second‑floor units are vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Each apartment includes two bedrooms and one full bathroom in a practical residential layout.
Where is this triplex located?
The property is located at 10117 SOMERSET AVENUE Cleveland, OH.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 full bath; 4,096 square feet across the triplex; Third‑floor unit occupied; first- and second‑floor units are vacant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message