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Renovated Triplex with Elevator
For Sale
$1,695,000

58 W Orange Street, Chagrin Falls, OH 44022

Flexible short-term rental configuration with multiple living areas, outdoor spaces, and substantial parking near downtown amenities.

Property Size3,785 SF
Days on Market10

Property Features for 58 W Orange Street

General Information

Standard status Active
Size 3,785 SF
Elevators Yes
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $9,248

Amenities

deck
balcony
stone patio
fireplace
stainless steel appliances
washer/dryer
walk-in closet
soaking tub
tiled Roman shower

Building Details

Building Size 3,785 SF
Year Built 1975
Buildings 1
Listing Agency: Engel & Völkers Distinct
Listed By: Adam T Zimmerman
Source: Asacoxhomes
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 12:55PM

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 Engel & Völkers Distinct

Investment Insights

Based on property information with market context.

This 1975 triplex has been extensively renovated and is currently arranged as a short-term rental. The residence includes an elevator, a four-car tandem garage, and driveway parking for up to nine vehicles. Interior features include an open main level with a family room and stone fireplace, dining space with a built-in bar, an eat-in kitchen with stainless steel appliances and a center island, plus a guest bedroom, full bath, and sitting room with patio access. The upper level contains a vaulted owner’s suite with a stone fireplace, walk-in closet, soaking tub, tiled Roman shower, two additional bedrooms, laundry, and a potential third kitchen. A separate lower-level suite provides its own entrance, living area, kitchen, bedroom, and full bath. Decks, balconies, and stone patios offer wooded and downtown views. The property is located at 58 W Orange Street in Chagrin Falls, near downtown shopping, restaurants, Riverside Park, and the waterfalls, within the Chagrin Falls School District.

Key Highlights

  • Triplex at 58 W Orange Street in Chagrin Falls, Ohio
  • Over .41 of an acre with wooded and downtown views
  • Elevator, 4‑car tandem garage, and driveway parking for up to 9 vehicles

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Auto Parts Store Electrical Service HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 44022, OH

17,150
Population
7,228
Households
2.4
Avg Household Size
48
Median Age
73%
College-Educated
99%
High-School Grad
30.2 sq mi
ZIP Area
568
Density / Sq Mi
$152,213
Median Household Income
$72,935
Median Earnings
$1,446
Median Rent
$469,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Flexible short-term rental configuration with multiple living areas, outdoor spaces, and substantial parking near downtown amenities.
Where is this triplex located?
The property is located at 58 W Orange Street Chagrin Falls, OH.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Triplex at 58 W Orange Street in Chagrin Falls, Ohio; Over .41 of an acre with wooded and downtown views; Elevator, 4‑car tandem garage, and driveway parking for up to 9 vehicles
More about this property
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