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    11117 Melba Ave Cleveland, OH 44104

    For Sale
    $155,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,772 SF
    Lot size:
    0.11 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 11117 Melba Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    128-24-012
    Parking features
    Driveway, Garage
    Size
    2,772 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    2
    Building materials
    AluminumSiding, VinylSiding
    Roof type
    Shingle, Asphalt

    Keller Williams Citywide (440) 892-2211 [email protected]

    Listing agent Angie Lopez (216) 855-4477 License #2021002776

    Listing date Nov 21, 2025

    MLS# 5169504 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

    Updated Triplex Generating Rental Income

    This triplex in Cleveland, OH, presents an investment opportunity with a reported monthly rental income of $2,375. The property, updated in 2024, features newer floors, kitchens, and bathrooms throughout. The layout includes a downstairs unit with two bedrooms and one bath, an upstairs unit with two bedrooms and one bath, and an attic studio with a full bathroom and open living area. The property is situated on a lot of approximately 0.1057 acres and has a total area of 2,772 square feet. Additional features include a two-car garage and a full basement for storage. This property is intended for use as a residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -81.607784
    Latitude
    41.475002

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    FAQs

    What type of property is this?
    Triplex - Updated triplex generating $2,375 monthly, ideal for investors.
    Where is this triplex located?
    The property is located at 11117 Melba Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - High Rental Income: Generates $2,375 per month; - Fully Updated in 2024: Newer floors, kitchens, and bathrooms throughout; - Triplex Configuration: Includes a 2-bed/1-bath downstairs unit, a 2-bed/1-bath upstairs unit, and an attic studio with a full bathroom
    (216) 855-4477
    Request Owner's contact information
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    Cleveland, OH 44104
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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
    11117 Melba Ave Cleveland, OH 44104
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