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Renovated Triplex with Basement Storage
For Sale
$175,000

981 Thornhill Dr, Cleveland, OH 44108

Three-unit residential property with updated interiors and a full dry basement.

Property Size2,772 SF
Price / SF$63.13
Days on Market11

Property Features for 981 Thornhill Dr

General Information

Standard status Active
Size 2,772 SF
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,623
Listing Agency: Keller Williams Greater Metropolitan
Listed By: Alphadetta Briscoe · License #2020005877
Source: Exprealty
Added: Aug 1 Changed: Aug 10 Last Checked: Aug 11 at 11:25AM

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 Keller Williams Greater Metropolitan

Investment Insights

Based on property information with market context.

This 2,772-square-foot triplex at 981 Thornhill Dr includes a converted third-floor suite with one bedroom and one bathroom. Renovations include a new roof and gutters, vinyl siding, replacement windows, updated bathrooms in each unit, and new flooring throughout. A full dry basement provides storage units, while the major building systems are reported to be functioning properly.

The property is positioned across from a maintained park, providing an open view from the porch. Its three-unit layout, additional basement storage, and recent capital improvements create a straightforward multifamily configuration for continued residential use.

Key Highlights

  • 2,772‑square‑foot triplex with a converted third‑floor 1‑bedroom, 1‑bath suite
  • New roof, gutters, vinyl siding, and all new windows
  • Updated bathrooms in each unit and new flooring throughout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Skin Care Clinic

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 44108, OH

20,005
Population
11,798
Households
1.7
Avg Household Size
41
Median Age
16%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
4,446
Density / Sq Mi
$32,530
Median Household Income
$29,040
Median Earnings
$910
Median Rent
$62,000
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 - Three-unit residential property with updated interiors and a full dry basement.
Where is this triplex located?
The property is located at 981 Thornhill Dr 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: 2,772‑square‑foot triplex with a converted third‑floor 1‑bedroom, 1‑bath suite; New roof, gutters, vinyl siding, and all new windows; Updated bathrooms in each unit and new flooring throughout
More about this property
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