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    2997 E 130Th St Cleveland, OH 44120

    New
    Under Contract
    For Sale
    $229,900

    multifamily - CLEVELAND, OH

    Property size:
    2,700 SF
    Lot size:
    0.16 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2997 E 130Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Size
    2,700 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1918
    Roof type
    Asphalt, Fiberglass
    Architectural style
    Other

    Coldwell Banker Schmidt Family Of Companies [email protected]

    Listing agent Angelina Grujic (440) 572-0220

    Listing date Dec 4, 2025

    MLS# 5172745 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Triplex Near Shaker Square

    This fully renovated triplex is located steps from the revitalized Shaker Square. The brick building features three units, each updated with new flooring, paint, modern kitchens, and remodeled bathrooms. Unit 1 and Unit 2 each offer three bedrooms and one bathroom, while Unit 3 includes two bedrooms and one bathroom. Major mechanical systems have been addressed, including new plumbing and electrical systems. New furnaces and hot water tanks are scheduled for installation prior to closing. The property offers strong rental potential, with projected monthly income of $4,065 based on 2025 CMHA standards. The property is situated on a 0.16-acre lot. The building size is approximately 2700 square feet. This property presents an ideal turnkey investment or owner-occupant opportunity.
    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
    -81.5916849
    Latitude
    41.4772372

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    FAQs

    What type of property is this?
    Triplex - Completely renovated triplex with strong rental potential near Shaker Square.
    Where is this triplex located?
    The property is located at 2997 E 130Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Fully renovated triplex with modern kitchens and remodeled baths.; - Strong rental potential with projected $4,065/month income.; - New furnaces/hot water tanks to be installed before closing.
    (440) 572-0220
    Request Owner's contact information
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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
    2997 E 130Th St Cleveland, OH 44120
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