$107,000
Est. payment /mo
4 Beds
3 Baths
4,399 Sqft Lot
Active Under Contract
10114 Parkgate AVE Cleveland, OH 44108
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Superior Park
MLS Listing ID 5169877
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1911
Annual Tax Amount $1,655
Tax Year 2024
Contingent Inspections
Lot Size 4,399 Sqft
Acres 0.101
Property Sub-Type Triplex
Stories Three Or More
Story Three Or More
Property Description
Discover an exceptional income-producing property with 10114 Parkgate, a solid triplex featuring three spacious 2-bedroom, 1-bath units, each designed with large kitchens and comfortable living layouts.
Located in a high-demand rental area, this property is just minutes from public transportation, major hospitals, shopping, and essential services—ideal for attracting and retaining long-term renters.
Current Tenancy & Immediate Income
Unit 1: $1,000/month (Section 8 )
Unit 2: $725/month (cash tenant)
Unit 3: Vacant / value-add opportunity
Current rents are significantly below market, giving investors a clear path to increased cash flow through renovations or simple market adjustments. With Section 8 already in place and room to elevate rents across all units, this property offers both stability and upside potential.
Located in a high-demand rental area, this property is just minutes from public transportation, major hospitals, shopping, and essential services—ideal for attracting and retaining long-term renters.
Current Tenancy & Immediate Income
Unit 1: $1,000/month (Section 8 )
Unit 2: $725/month (cash tenant)
Unit 3: Vacant / value-add opportunity
Current rents are significantly below market, giving investors a clear path to increased cash flow through renovations or simple market adjustments. With Section 8 already in place and room to elevate rents across all units, this property offers both stability and upside potential.
Location
State OH
County Cuyahoga
Rooms
Basement Concrete
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-08-016
Special Listing Condition Standard
Listed by Joslin Griffin • Mia Brown Realty • joslinlgriffin@gmail.com, 216-609-8165
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