Updated Triplex with Roof
For Sale
$659,000
6110 W Clinton Ave, Cleveland, OH 44102
Three-unit property with separate utilities, a three-car garage, and multiple outdoor areas.
Property Size3,666 SF
Price / SF$179.76
Days on Market91
Property Features for 6110 W Clinton Ave
General Information
Standard status
Active
Size
3,666 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$13,640
Amenities
in-suite laundry
private roof deck
front porch
garage
off-street parking
outdoor green space
modern kitchens
modern bathrooms
Building Details
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
Listed By:
Julie A Marous · License #2014001453
(440) 479-4681
Source:
Exprealty
Added: Jul 17
Changed: Oct 9
Last Checked: Oct 15 at 2:07AM
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 Berkshire Hathaway HomeServices Professional Realty
Investment Insights
Based on property information with market context.
This 3,666-square-foot triplex contains three residential units, each with in-suite laundry and separate utilities. The first-floor residence offers two bedrooms, 1.5 baths, quartz kitchen counters, stainless appliances, original hardwood flooring, pocket doors, and a front porch. The second-floor unit includes two bedrooms, one bath, an eat-in kitchen, and a private roof deck. The third-floor residence has two bedrooms, two baths, contemporary finishes, and recently renovated bathrooms and mechanical systems.
The property also includes a three-car garage, additional off-street parking, and outdoor green space. The roof deck provides views toward the Capitol Theatre and surrounding Gordon Square, while the property is described as walkable to Edgewater Beach and neighborhood amenities. Its unit configuration, individual utilities, and updated interiors support both owner-occupancy and rental use.
The property also includes a three-car garage, additional off-street parking, and outdoor green space. The roof deck provides views toward the Capitol Theatre and surrounding Gordon Square, while the property is described as walkable to Edgewater Beach and neighborhood amenities. Its unit configuration, individual utilities, and updated interiors support both owner-occupancy and rental use.
Key Highlights
- 3,666 SF triplex with three 2‑bedroom units
- Unit mix includes 2 Bed/1.5 Bath, 2 Bed/1 Bath, and 2 Bed/2 Bath residences
- In‑suite laundry and separate utilities in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,819
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,380
$876.4K
Cap Rate 7%
$625,986
$626.0K
Cap Rate 9%
$486,878
$486.9K
Market Conditions
NOI Build-Up for 3,666 SF
Gross rent
$65.5K $17.88/SF
− Vacancy
−$2.9K −$0.80/SF
EGI
$62.6K $17.08/SF
− OpEx
−$18.8K −$5.12/SF
NOI
$43.8K $11.95/SF
Area
Cleveland, OH
Vacancy
4.50%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$876,380
Cap Rate 7%
$625,986
Cap Rate 9%
$486,878
Alternative Uses
Best Use
Multifamily LT 5
$626.0K
$547.7K – $730.3K
NOI $43,819 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$580.7K
$508.1K – $677.5K
NOI $40,649 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$894.6K
$782.8K – $1.04M
NOI $62,623 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with separate utilities, a three-car garage, and multiple outdoor areas.
Where is this triplex located?
The property is located at 6110 W Clinton Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: 3,666 SF triplex with three 2‑bedroom units; Unit mix includes 2 Bed/1.5 Bath, 2 Bed/1 Bath, and 2 Bed/2 Bath residences; In‑suite laundry and separate utilities in every unit
