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Three-Unit Triplex with Updated Interiors
For Sale
$215,000
Pending

12432 Saywell Avenue, Cleveland, OH 44108

Three separate apartments combine renovated kitchens and baths with recent building-system upgrades.

Property Size2,623 SF
Days on Market10

Property Features for 12432 Saywell Avenue

General Information

Standard status Pending
Size 2,623 SF
Property subtype Residential Income

Site & Location

Neighborhood Forest Hills

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,258

Amenities

fireplace
porches
Concrete
true
3
7
false
2623
Assessor
Public
0.1178
Driveway
1

Building Details

Building Size 2,623 SF
Year Built 1917
Buildings 1
Stories 3
Listing Agency: HomeSmart Real Estate Momentum LLC
Listed By: Patrick Lucey
Source: Karenullomrealty
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Real Estate Momentum LLC

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential income property contains 2,623 square feet. The first- and second-floor apartments each have two bedrooms, a tiled bathroom, a living room with a fireplace, a formal dining room, and a renovated kitchen. The third-floor unit offers one bedroom, a tiled bathroom, a living room, and an eat-in kitchen. Kitchen renovations include new cabinetry, countertops, and tile backsplashes.

Building improvements include a new roof, windows, electrical and plumbing systems, HVAC, and hot water tanks. The property also has newly constructed porches, new flooring, updated light fixtures, and fresh interior and exterior paint. Built in 1917, the triplex includes a driveway.

Key Highlights

  • Three apartments: two 2‑bedroom units and one 1‑bedroom unit
  • 2,623 square feet; built in 1917
  • Renovated kitchens with new cabinetry, countertops, and tile backsplashes

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

429
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three separate apartments combine renovated kitchens and baths with recent building-system upgrades.
Where is this triplex located?
The property is located at 12432 Saywell Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom units and one 1‑bedroom unit; 2,623 square feet; built in 1917; Renovated kitchens with new cabinetry, countertops, and tile backsplashes
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