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3-Unit Triplex
New
For Sale
$365,000

1588 S Green Road, South Euclid, OH 44121

ResidentialIncome, South Euclid, OH

Property Size5,174 SF
Lot Size0.48 Acres
Price / SF$70.55
Days on Market3

Property Features for 1588 S Green Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Basement, Laundry Room, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 5
Subdivision Euclid 03
Elementary school district South Euclid-Lyndhurst - 1829
Middle school district South Euclid-Lyndhurst - 1829
High school district South Euclid-Lyndhurst - 1829
Directions Richmond Rd & Mayfield Rd., Head toward Mayfield Rd., Turn right onto US-322 W/Mayfield Rd., Turn left onto S Green Rd., Property on the right.
Standard status Active
APN 703-29-019
Size 5,174 SF
Lot size 0.48 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description 30 SP 1227.78FT S OF CL MAYFIELD RD
Tax Annual Amount 7150
Legal Description 30 SP 1227.78FT S OF CL MAYFIELD RD

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1893
Floors in Building 3
Building materials Brick, VinylSiding
Roof type Slate
Buildings 1
Listing Agency: Keller Williams Chervenic Rlty · Keller Williams Realty
Listed By: Mona Bhatia · License #2021002634
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 25 at 7:06PM
MLS# 5254957

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.

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Investment Insights

Based on property information with market context.

This 5,174-square-foot triplex at 1588 S Green Road contains three apartments: two with three bedrooms and one bathroom each, plus a one-bedroom, one-bathroom unit. All three apartments are rented. Residents pay their own gas and electric service. The property was built in 1893 and sits on a 0.4844-acre lot.

Brick and vinyl siding, forced-air heat, central air, a slate roof, public water, and public sewer serve the building. The property is in South Euclid, with access to shopping, dining, and major routes. Cleveland Heights, Beachwood, University Circle, Cleveland Clinic, and University Hospitals are also identified as accessible destinations. Leases and a rent roll are available to qualified buyers; occupancy is tenant-based, and showings require an appointment and advance notice.

Key Highlights

  • Three rented apartments: two 3‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • 5,174 square feet on a 0.4844‑acre lot
  • Residents pay their own gas and electric

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

Demographics for 44121, OH

32,887
Population
14,916
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
6.4 sq mi
ZIP Area
5,139
Density / Sq Mi
$75,621
Median Household Income
$41,061
Median Earnings
$1,113
Median Rent
$129,300
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 occupied apartments offer a two-bedroom-mix configuration, with residents responsible for gas and electric.
Where is this triplex located?
The property is located at 1588 S Green Road South Euclid, OH.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Three rented apartments: two 3‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 5,174 square feet on a 0.4844‑acre lot; Residents pay their own gas and electric
More about this property
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