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Property Description

Calling all investors and future owner-occupants looking to build long-term wealth! With a projected cap rate of 11-15%, this fully occupied triplex offers strong returns and exceptional potential in one of Cleveland's most connected urban neighborhoods. One unit has been thoughtfully renovated with modern finishes, updated cabinetry, quartz countertops, custom tilework, and new flooring--ideal for an owner-occupant or top-dollar rental. The remaining two units are tenant-occupied, offering immediate cash flow with room to add value through future updates. Nestled in the heart of Asia Town and Goodrich-Kirtland Park, just minutes from Downtown, this property benefits from high walkability, public transit access, and proximity to cultural and dining destinations. As redevelopment momentum grows citywide--fueled by initiatives like HB96--this area is experiencing increased residential investment and demand for multi-unit housing. Don't miss this rare opportunity to secure a high-yield property in a neighborhood on the rise.

Overview

Property Status
For Sale
Lot Size
5,401.44 Sq.Ft.
MLS ID
5144246
Property Type
Multi-Family
Year Built
1900

Features & Amenities

Stories
3
Water Source
Public
Roof
Asphalt, Shingle
Parking
On Street
Heat Type
Forced Air
Air Conditioning
Central Air, None
Sewer
Public Sewer
Substructure
Block
School District
Cleveland Municipal - 1809
Sales Price
$230,000
Real Estate Tax
$656/yr

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1410 E 45th Street

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1410 E 45th Street

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