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Updated Triplex with Separate Meters
For Sale
$169,500

10117 Somerset Avenue, Cleveland, OH 44108

ResidentialIncome, Cleveland, OH

Property Size4,096 SF
Lot Size0.10 Acres
Price / SF$41.38
Days on Market147

Property Features for 10117 Somerset Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Laundry Room, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2
Parking features Garage
Subdivision University Circle
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions off somerset
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
Legal Description 377 SUPPK 0389 ALL

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1911
Floors in Building 3
Building materials AluminumSiding, VinylSiding
Roof type Asphalt, Fiberglass, Flat
Listing Agency: Coldwell Banker Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher A Frederick · License #426983
Added: Apr 6 Changed: Aug 20 Last Checked: Aug 30 at 5:06AM
MLS# 5195508

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 4,096-square-foot triplex contains three residential units, each configured with 2 bedrooms and 1 full bath. The 1911 property includes a basement, laundry room, garage, flat roof installed in 2018, updated electrical systems, and upgraded furnaces and hot water tanks. Public water and sewer serve the building, while each unit is separately metered.

The third-floor apartment is occupied by a tenant who would like to remain; the first- and second-floor units are vacant and ready for leasing. The property sits at 10117 Somerset Avenue in Cleveland’s University Circle/Wade Park area, approximately a 2-minute drive or 5-minute walk from major college and medical campuses. The parcel measures 0.101 acres.

Key Highlights

  • Three‑unit building with 2 bedrooms and 1 full bath in each apartment
  • 4,096 square feet on a 0.101‑acre parcel
  • First- and second‑floor units are vacant; third‑floor unit is occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family property with flexible occupancy, refreshed mechanical systems, and proximity to college and medical campuses.
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: Three‑unit building with 2 bedrooms and 1 full bath in each apartment; 4,096 square feet on a 0.101‑acre parcel; First- and second‑floor units are vacant; third‑floor unit is occupied
More about this property
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