Three-Unit Multifamily
New
For Sale
$175,000
8311 Decker Avenue, Cleveland, OH 44103
Two occupied apartments provide established tenancy, while a vacant unit is available for lease-up.
Property Size2,802 SF
Price / SF$62.46
Days on Market6
Property Features for 8311 Decker Avenue
General Information
Standard status
Active
Size
2,802 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Lokal Real Estate, LLC.
Listed By:
Keyano Burgess · License #2022000189
(216) 387-7220
Source:
Carletonrealty
Added: Sep 7
Last Checked: Sep 11 at 5:11AM
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 Lokal Real Estate, LLC.
Investment Insights
Based on property information with market context.
This three-unit multifamily property at 8311 Decker Avenue contains 2802 square feet and was built in 1900. The first-floor apartment is vacant and ready for occupancy. The second unit has 2 bedrooms and 1 bathroom, while the third offers 1 bedroom and 1 bathroom. Two apartments are occupied under existing leases, with terms extending through 5/1/2027 and 12/1/2026. Furnaces and hot water tanks are approximately five years old or newer.
The property is in Cleveland, Ohio, near Cleveland Clinic, Downtown Cleveland, major employment centers, shopping, dining, public transportation, and nearby highways. Its three-unit configuration combines current tenancy with an available apartment for future lease-up.
The property is in Cleveland, Ohio, near Cleveland Clinic, Downtown Cleveland, major employment centers, shopping, dining, public transportation, and nearby highways. Its three-unit configuration combines current tenancy with an available apartment for future lease-up.
Key Highlights
- Three‑unit property with 2802 square feet
- First‑floor unit is vacant and ready for lease‑up
- Unit 2 includes 2 bedrooms and 1 bathroom; lease runs through 5/1/2027
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 44103, OH
14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
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 - Two occupied apartments provide established tenancy, while a vacant unit is available for lease-up.
Where is this triplex located?
The property is located at 8311 Decker Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Three‑unit property with 2802 square feet; First‑floor unit is vacant and ready for lease‑up; Unit 2 includes 2 bedrooms and 1 bathroom; lease runs through 5/1/2027
