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Three-Unit Multifamily Property
For Sale
$225,000

1261 East 99th Street, Cleveland, OH 44108

Triplex with one occupied unit and two rent-ready units.

Property Size2,958 SF
Price / SF$76.06
Days on Market103

Property Features for 1261 East 99th Street

General Information

Standard status Active
Size 2,958 SF
Property subtype Residential Income / Triplex

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,713

Amenities

Forced Air
Unfinished
No
Yes
14
3
6
Shingle
2

Building Details

Year Built 1904
Buildings 1
Listing Agency: LPT Realty
Listed By: Johnny Kincaid · License #2020005924
Source: Compass
Added: May 23 Changed: Aug 31 Last Checked: Sep 1 at 11:24PM

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 LPT Realty

Investment Insights

Based on property information with market context.

This 2,958-square-foot triplex was built in 1904 and contains three residential units. One unit is currently occupied, while the other two are rent-ready and being marketed for occupancy, offering a property with both existing tenancy and available units.

The property is located on East 99th Street in Cleveland, with access to the I-90 freeway. Cleveland Clinic, downtown Cleveland, and Case Western are each identified as nearby destinations, placing the building within reach of major institutional, employment, and cultural areas.

Key Highlights

  • Three‑unit multifamily property with 2,958 SF
  • One unit currently occupied
  • Two additional units are rent‑ready and being marketed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

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
Highway access

Location Intelligence

Trade Area within ½ mile

511
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with one occupied unit and two rent-ready units.
Where is this triplex located?
The property is located at 1261 East 99th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,958 SF; One unit currently occupied; Two additional units are rent‑ready and being marketed
More about this property
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