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    3311 E Fairfax Rd Cleveland Heights, OH 44118

    Picture of Triplexes at E Fairfax Rd 3311, Cleveland Heights, OH
    Pending
    For Sale
    $440,000

    MULTI_FAMILY - Cleveland Heights, OH

    Property size:
    3,336 SF
    Lot size:
    0.22 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 3311 E Fairfax Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Skylight(s)
    Rooms
    Bathroom 3, Laundry Room, Basement, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 3
    Bedrooms
    5
    Bathrooms
    3
    APN
    687-17-030
    Parking features
    Garage, Off Street
    Interior features
    BuiltInFeatures, CrownMolding, RecessedLighting, Storage
    Exterior features
    PrivateYard
    Appliances
    Dryer, Refrigerator, Washer
    Size
    3,336 SF
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    3
    Building materials
    VinylSiding
    Roof type
    Asphalt, Slate
    Additional Structures
    Storage

    Ohio Broker Direct (614) 989-7215 [email protected]

    Listing agent Joan Elflein (614) 989-7215 License #386319

    Listing date Nov 12, 2025

    MLS# 5130799 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

    Cleveland Heights Triplex with Updates

    This triplex in Cleveland Heights has been impeccably maintained by the same owner for the past 18 years, blending classic charm with modern updates. Recent improvements totaling $50,000 include central air, newer kitchens and baths, updated fixtures, exterior basement waterproofing, insulated windows, new carpeting, patio decks, roof maintenance, fresh paint, and front-yard landscaping. The property contains 3336 square feet and is situated on a 0.2181-acre lot. The first-floor unit is currently rented for $1495, and the third-floor unit is rented for $895. The second floor is intentionally vacant. Tenants are responsible for all utilities, which are separately metered. The property is located near restaurants, coffee shops, a movie theater, and the Shaker Lakes. This property is suitable for both owner-occupants looking to offset their mortgage with rental income and investors seeking a low-maintenance, turn-key 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 Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland Heights
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.560896
    Latitude
    41.492333

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    FAQs

    What type of property is this?
    Triplex - Updated Cleveland Heights triplex, ideal for owner-occupant or investor.
    Where is this triplex located?
    The property is located at 3311 E Fairfax Rd Cleveland Heights, OH.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Turn-key triplex in a prime location, ideal for owner-occupants or investors.; - $50,000 in recent improvements, including central air, newer kitchens and baths, and exterior basement waterproofing.; - Well-maintained with updated fixtures, insulated windows, new carpeting, patio decks, roof maintenance, fresh paint, and lush landscaping.
    (614) 989-7215
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    3311 E Fairfax Rd Cleveland Heights, OH 44118
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    Cleveland Heights, OH 44118
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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
    3311 E Fairfax Rd Cleveland Heights, OH 44118
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