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Three-Unit Triplex with Updated Systems
New
For Sale
$150,000

10117 SOMERSET AVENUE, Cleveland, OH 44108

CLEVELAND, OH

Property SizeContact for details
Days on Market3

Property Features for 10117 SOMERSET AVENUE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Subdivision SUPERIOR PARK
Standard status Active

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Building Details

Year built 1911
Buildings 1
Listing Agency: Schmidt Realty · Coldwell Banker Real Estate
Listed By: Adrian Frederick III
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 28 at 12:06AM
MLS# 5255965

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

Built in 1911, this triplex contains three apartments, each arranged with two bedrooms and one full bathroom. The third-floor residence is occupied, while the first- and second-floor apartments are vacant. Building improvements include updated furnaces, hot water tanks and electrical systems, along with a flat roof installed in 2018. Each unit is separately metered for utilities.

The property is near University Circle and Wade Park in Cleveland. The third-floor resident has indicated a desire to stay. Showings before an accepted offer are limited to the first- and second-floor apartments; access to the third-floor unit is permitted after an offer is accepted.

Key Highlights

  • Three apartments, each with 2 bedrooms and 1 full bathroom
  • First- and second‑floor units are vacant; the third‑floor unit is occupied
  • Updated furnaces, hot water tanks and electrical systems

Property Analytics

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Lease Details

3
Residential units
Yes
Paved road access

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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate utility meters accompany two vacant apartments and one occupied unit.
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 $150,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 full bathroom; First- and second‑floor units are vacant; the third‑floor unit is occupied; Updated furnaces, hot water tanks and electrical systems
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