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Triplex with Renovation Materials
For Sale
$114,900

1965 Nelawood Road, Cleveland, OH 44112

ResidentialIncome, Cleveland, OH

Property SizeContact for details
Lot Size0.27 Acres
Days on Market73

Property Features for 1965 Nelawood Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3
Parking features Garage, On Street, Driveway
Subdivision Lees Dev Cos
Elementary school district East Cleveland CSD - 1812
Middle school district East Cleveland CSD - 1812
High school district East Cleveland CSD - 1812
Directions To get to 1965 Nelawood Rd, East Cleveland, OH 44112 from downtown Cleveland, start by heading east on E 9th St toward St. Clair Ave NE. Turn right onto St. Clair Ave NE and merge onto I-90 E. Follow I-90 E and take Exit 176A to merge onto I-77 N. Exit at 161 toward E 152nd St, turn right onto E 152nd St, and then turn left onto Nelawood Rd. Your destination, 1965 Nelawood Rd, will be on your right. Alternatively, you can head east on Euclid Ave, turn left onto E 140th St, then right onto Euclid Ave, and finally left onto Nelawood Rd. 1965 Nelawood Rd will be on your left.
Standard status Active
APN 673-18-022
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 11 LEES DEV 0054 ALL
Tax Annual Amount 1851
Legal Description 11 LEES DEV 0054 ALL

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Steam
Cooling system Heat Pump
Water source Public

Building Details

Year built 1925
Floors in Building 3
Building materials Asphalt, Brick, Glass, VinylSiding, WoodSiding
Roof type Shingle, Slate
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Judith E Lesesne · License #2020008663
Added: Jun 20 Changed: Aug 26 Last Checked: Aug 31 at 6:06PM
MLS# 5220909

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 1925 multifamily property includes a basement, multiple bedrooms and bathrooms, and a package of new renovation materials. The included items cover lighting fixtures, ceiling fans, kitchen and bathroom flooring, faucets, tub surrounds, vanities, lighted mirrors, towel bars, toilet paper holders, electrical outlets and switches, and cabinet hardware. The building combines brick, glass, vinyl siding, wood siding, asphalt, and slate or shingle roofing materials.

Located in Cleveland, Ohio, the property sits on 0.2727 acres and has public water and public sewer service. Heating systems include hot water and steam, with heat pump cooling. Parking features include a garage, driveway, and on-street parking.

Key Highlights

  • Vacant multifamily property on 0.2727 acres
  • Built in 1925
  • New renovation materials included, including fixtures, flooring, faucets, vanities, mirrors, and hardware

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby

Demographics for 44112, OH

18,685
Population
11,828
Households
1.6
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
4.0 sq mi
ZIP Area
4,671
Density / Sq Mi
$28,957
Median Household Income
$27,204
Median Earnings
$802
Median Rent
$77,200
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 - Vacant multifamily property with renovation materials included for interior and exterior improvements.
Where is this triplex located?
The property is located at 1965 Nelawood Road Cleveland, OH.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Vacant multifamily property on 0.2727 acres; Built in 1925; New renovation materials included, including fixtures, flooring, faucets, vanities, mirrors, and hardware
More about this property
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