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Updated Buckeye/Shaker Triplex Investment

3281 E 118th Street Cleveland, OH 44120

3281 E 118th Street, Cleveland, OH, 44120
$170,000
Pending
For Sale
Claim this Listing
$170,000
Pending

MULTI_FAMILY - Cleveland, OH

Property Size2,481 SF
Lot Size0.11 Acres
AddedMay 8
Days on Market70
Last RefreshJul 16 at 2:06 am

Property Features for 3281 E 118th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Laundry Room, Bathroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 7, Bedroom 3
Parking features
Garage
Interior features
BuiltInFeatures, CrownMolding, HisAndHersClosets, MultipleClosets, Storage, WalkInClosets
Exterior features
Balcony
Appliances
Range, Refrigerator
Standard status
Pending
APN
130-01-119
Size
2,481 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
444 CRAWWDL 0306 ALL
Tax Annual Amount
1394

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1918
Floors in Building
3
Building materials
AluminumSiding
Roof type
Asphalt, Fiberglass
Additional Structures
Storage

Listing agent Tom Partin License #2013001969

Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH

Listing date May 8, 2026

MLS# 5208605 Listing URL

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.

Located in the Buckeye/Shaker neighborhood, this updated triplex offers potential cash flow. The property features eight bedrooms and has been updated over the last two years with fresh paint, flooring, and updated kitchens and baths. The property has over 2,400 square feet of living space with separate entrances and basement storage. The first and second floors have identical three-bedroom layouts with large dining and living rooms, built-ins, and porches, while the third floor features a two-bedroom layout. Capital improvements include two furnaces (2024), two hot water tanks (2024), newer grounded electrical outlets, and updated plumbing including main stacks and city-replaced main sewer and water lines. There are two utility meters, with the second and third units on a shared meter. The exterior features a roof installed around 2016, vinyl windows on the first and third floors, and a waterproofed basement. The property is located within walking distance to groceries and dining, and minutes from the Cleveland Clinic, University Hospital, Case Western, and Shaker Square. The lot size is approximately 0.1149 acres.

Key Highlights

  • Updated 8‑bedroom triplex with separate entrances and over 2,400 sq ft of living space
  • 2 total furnaces and 2 total hot water tanks installed in 2024
  • Updated plumbing including main stacks and City‑replaced main sewer/water lines

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Dental Office Building Supply HVAC Service Skin Care Clinic Big Box & Wholesale Store Gym & Fitness Center Law Firm Auto Parts Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Updated triplex near Cleveland Clinic with high cash-flow potential.
Where is this triplex located?
The property is located at 3281 E 118th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Updated 8‑bedroom triplex with separate entrances and over 2,400 sq ft of living space; 2 total furnaces and 2 total hot water tanks installed in 2024; Updated plumbing including main stacks and City‑replaced main sewer/water lines
Contact an agent
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