Three-Unit Residential Income
17415 Winslow Road Shaker Heights, OH 44120
17415 Winslow Road, Shaker Heights, OH, 44120
$289,999
Pending
For Sale
$289,999
Pending
MULTI_FAMILY - Shaker Heights, OH
Property Size2,536 SF
Lot Size0.13 Acres
Days on Market80
Property Features for 17415 Winslow Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3, Basement
- Parking features
- Garage
- Standard status
- Pending
- APN
- 735-19-029
- Size
- 2,536 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 43 VANS#23 0983 ALL
- Tax Annual Amount
- 8243
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Building materials
- ShakeSiding, WoodSiding
- Roof type
- Asphalt, Shingle
Listing Agency
HomeSmart Real Estate Momentum LLC
(440) 578-8058
8518 Mentor Avenue, Suite C, Mentor, OH
Listed by
De'Chella Woodruff · License #2018004577
(216) 403-8180
Added: Apr 29 Checked: Jul 17 at 12:06 pm
MLS# 5204509
Listing URL
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 well maintained multi-family home offers flexible residential income or owner-occupant living arrangements. Each unit includes a living room with a fireplace, a formal dining room, a kitchen with stainless steel appliances, two bedrooms, and one full bath, along with a rear porch. An additional third-floor layout provides three more bedrooms and one full bath for extra living space and income potential.
Located at 17415 Winslow Road in Shaker Heights, OH 44120, the property also includes a backyard setup with ample parking and a detached two-car garage. Schedule a private showing to review the full configuration and options in person.
Located at 17415 Winslow Road in Shaker Heights, OH 44120, the property also includes a backyard setup with ample parking and a detached two-car garage. Schedule a private showing to review the full configuration and options in person.
Key Highlights
- Spacious multi‑family home built in 1925
- Each unit includes a living room with fireplace, formal dining room, kitchen with stainless steel appliances, 2 bedrooms, 1 full bath, and a rear porch
- Third floor offers 3 additional bedrooms and 1 full bath for added living and income potential
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.4k | $19.08 |
| − Vacancy | −$2.8k | −$1.11 |
| EGI | $45.6k | $17.97 |
| − OpEx | −$20.5k | −$8.09 |
| NOI | $25.1k | $9.89 |
2,536 SF · lease $19.08/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.1K
$336.1K – $448.2K
NOI $26,889 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$358.1K
$313.4K – $417.8K
NOI $25,069 @ 7.0% cap · market cap 8.64%
Theoretical Best
Warehouse
$2.03M
$1.78M – $2.37M
NOI $142,237 @ 7.0% cap · market cap 49.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well maintained multi-family with fireplaces, rear porches, and a detached 2-car garage with ample backyard parking.
Where is this triplex located?
The property is located at 17415 Winslow Road Shaker Heights, OH.
What is the asking price?
The asking price for this property is $289,999.
What are key features of this property?
This property features: Spacious multi‑family home built in 1925; Each unit includes a living room with fireplace, formal dining room, kitchen with stainless steel appliances, 2 bedrooms, 1 full bath, and a rear porch; Third floor offers 3 additional bedrooms and 1 full bath for added living and income potential
