All-Brick
For Sale
$299,900
14208 Triskett Road, Cleveland, OH 44111
ResidentialIncome, Cleveland, OH
Property Size2,808 SF
Lot Size0.11 Acres
Price / SF$106.80
Days on Market52
Property Features for 14208 Triskett Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 1
Parking features
Driveway
Appliances
Range, Refrigerator
Lot features
Sloped
Elementary school district
Cleveland Municipal - 1809
Middle school district
Cleveland Municipal - 1809
High school district
Cleveland Municipal - 1809
Directions
between West 150th and West 140th on the northside of the street.
Standard status
Active
APN
021-01-016
Size
2,808 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4338
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1952
Floors in Building
2
Building materials
Brick, Block
Roof type
Fiberglass, Asphalt
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(440) 846-0077
Listed By:
David J Fox · License #403138
(216) 789-6890
Added: Jul 10
Changed: Aug 25
Last Checked: Aug 30 at 11:06PM
MLS# 5226463
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This Cleveland duplex contains 2,808 square feet on a 0.1065-acre lot, with one residence above the other and a basement below. The 1952 structure uses brick and block construction and includes two bathrooms, four bedrooms, a range, and a refrigerator. Forced-air heating and central air conditioning serve the building.
Exterior features include a driveway, fiberglass and asphalt roofing, and public water and sewer service. The lower level includes a walkout, while the existing layout offers two residential units within the building.
Exterior features include a driveway, fiberglass and asphalt roofing, and public water and sewer service. The lower level includes a walkout, while the existing layout offers two residential units within the building.
Key Highlights
- 2,808‑square‑foot duplex on a 0.1065‑acre lot
- 1952 construction with brick and block exterior materials
- Upstairs and downstairs residential units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,885
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$497,700
$497.7K
Cap Rate 7%
$355,500
$355.5K
Cap Rate 9%
$276,500
$276.5K
Market Conditions
NOI Build-Up for 2,808 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$48.2K $17.16/SF
− Vacancy
−$2.9K −$1.05/SF
EGI
$45.2K $16.11/SF
− OpEx
−$20.4K −$7.25/SF
NOI
$24.9K $8.86/SF
Area
ZIP 44111
Vacancy
6.10%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$497,700
Cap Rate 7%
$355,500
Cap Rate 9%
$276,500
Alternative Uses
Best Use
Multifamily LT 5
$447.4K
$391.5K – $522.0K
NOI $31,317 @ 7.0% cap · market cap 10.44%
Second Best
Apartment 5plus
$355.5K
$311.1K – $414.8K
NOI $24,885 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$528.7K
$462.6K – $616.8K
NOI $37,010 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 44111, OH
41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level configuration provides an upstairs residence and a downstairs residence with a basement and walkout.
Where is this duplex located?
The property is located at 14208 Triskett Road Cleveland, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,808‑square‑foot duplex on a 0.1065‑acre lot; 1952 construction with brick and block exterior materials; Upstairs and downstairs residential units
