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Triplex with Separate Utilities
For Sale
$218,000

3272 W 88th St, Cleveland, OH 44102

Three-unit rental property with individual entrances, dedicated utility meters, updated electrical panels, and three recently installed furnaces.

Property Size3,463 SF
Price / SF$62.95
Days on Market48

Property Features for 3272 W 88th St

General Information

Standard status Active
Size 3,463 SF
Property subtype Multi-Family

Site & Location

Neighborhood Cudell

Units

Unit Mix 2 x 2-bedroom, 1 x 1-bedrom
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: Dwelling Network Advisors
Listed By: Gladimir Lobo
Source: Theacclaimedrealty
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 7 at 5:06PM

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 Dwelling Network Advisors

Rey
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Investment Insights

Based on property information with market context.

This Cleveland triplex contains 3,463 square feet and was built in 1900. The property is arranged as three separate units, each with its own entrance, while electrical and gas service are separately metered. Vinyl windows and updated breaker boxes are among the existing improvements, and three furnaces were installed in 2025.

Located at 3272 W 88th St in Cleveland, Ohio, the property offers a defined multifamily configuration with unit-level access and utility separation. The physical setup supports independent operation of the three residences and provides a clear framework for ongoing rental use.

Key Highlights

  • 3,463‑square‑foot triplex built in 1900
  • Three separate entrances for individual units
  • Separate power and gas meters

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

570
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
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-unit rental property with individual entrances, dedicated utility meters, updated electrical panels, and three recently installed furnaces.
Where is this triplex located?
The property is located at 3272 W 88th St Cleveland, OH.
What is the asking price?
The asking price for this property is $218,000.
What are key features of this property?
This property features: 3,463‑square‑foot triplex built in 1900; Three separate entrances for individual units; Separate power and gas meters
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