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    9904 Parkgate Ave Cleveland, OH 44108

    For Sale
    $170,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,707 SF
    Lot size:
    0.10 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 9904 Parkgate Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    109-08-002
    Parking features
    Garage, Driveway
    Size
    2,707 SF
    Lot size
    0.10 Acres

    Utilities

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

    Building Details

    Year built
    1911
    Floors in Building
    3
    Building materials
    Stone, VinylSiding
    Roof type
    Asphalt

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Patrick Pellerite (440) 728-0943 License #2020008912

    Listing date Nov 13, 2025

    MLS# 5169149 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

    Turn-Key Triplex Investment Opportunity

    This is a turn-key triplex investment opportunity. The fully occupied three-unit property generates nearly $2,400 per month in rent, offering immediate cash flow. The building includes two 2-bedroom units and one 1-bedroom unit, each featuring comfortable layouts. The property has reliable, long-term tenants. Units have been well maintained with updated kitchens, baths, flooring, and mechanicals. The property size is 2707 square feet, situated on a lot of 0.101 acres. Located in Cleveland, OH, near parks, schools, shopping, and major highways, this property provides strong rental demand and consistent returns.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -81.620681
    Latitude
    41.528322

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    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex in Cleveland with immediate cash flow.
    Where is this triplex located?
    The property is located at 9904 Parkgate Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Immediate cash flow with nearly $2,400 per month in rent.; - Fully occupied with reliable, long-term tenants.; - Updated kitchens, baths, flooring, and mechanicals for low maintenance.
    (440) 728-0943
    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
    9904 Parkgate Ave Cleveland, OH 44108
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