Turnkey Triplex in University
10117 Somerset Avenue, Cleveland, OH 44108
MULTI_FAMILY - Cleveland, OH
Property size:
4,096 SFLot size:
0.10 AcresPrice / SF:
$41/SF- Added:
- Apr 6, 2026
- Days on Market:
- 42
- Last Refresh:
- May 17 at 6:06 am
Property Features for 10117 Somerset Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Laundry Room, Basement, Bedroom 3
- Parking features
- Garage
- Standard status
- Active
- APN
- 109-09-192
- Size
- 4,096 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 377 SUPPK 0389 ALL
- Tax Annual Amount
- 1616
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1911
- Floors in Building
- 3
- Building materials
- AluminumSiding, VinylSiding
- Roof type
- Asphalt, Flat, Fiberglass
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date Apr 6, 2026
MLS# 5195508
Listing URL
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HighLights
- Prime location in the rapidly developing University Circle/Wade Park area, close to major college and medical campuses.
- Turnkey triplex with two vacant, rent‑ready units offering immediate income potential.
- Updated mechanicals, including furnaces, hot water tanks (separately metered), and electrical systems.
- Each unit features a spacious 2‑bedroom, 1‑bath layout.
- Flat roof installed in 2018, minimizing near‑term roof maintenance expenses.
- Opportunity for owner‑occupancy or investment in a high‑demand rental corridor.
Overview
This triplex presents an investment opportunity in the University Circle/Wade Park area, known for its rental demand and appreciation. The location is near college and medical campuses, approximately a 2-minute drive or 5-minute walk, making it suitable for consistent occupancy. The property features three units, each with 2 bedrooms and 1 full bath. One unit is occupied by a tenant, while the other two are vacant and rent-ready. The property has seen renovations and offers mechanical updates, including updated furnaces and hot water tanks, all separately metered. Additional improvements include updated electrical systems and a flat roof installed in 2018. Situated on a quiet street in a high-demand rental corridor, the property offers income potential and long-term growth. The property size is 4096 square feet and the lot size is 0.101 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.618476
- Latitude
- 41.528028
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Affordable triplex near University Circle with strong rental demand.
Where is this triplex located?
The property is located at 10117 Somerset Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $169,500.
What are key features of this property?
This property features: Prime location in the rapidly developing University Circle/Wade Park area, close to major college and medical campuses.; Turnkey triplex with two vacant, rent‑ready units offering immediate income potential.; Updated mechanicals, including furnaces, hot water tanks (separately metered), and electrical systems.
