$550,000

2312 W 10th Street, Cleveland, OH 44113

  • 8 beds |
  • 4 baths |
  • 3,536 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,752sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Tremont 5-Unit Investment Property with Strong Income Potential Outstanding opportunity to own a well-maintained five-unit multifamily property in the heart of Cleveland’s highly desirable Tremont neighborhood. The property includes two buildings on one parcel, featuring three 2-bedroom units and two 1-bedroom units each with its own bath units with spacious layouts and excellent rental appeal. Four units have been recently updated with modern kitchens, renovated baths, and quality finishes, all featuring refinished original hardwood floors and central air. One unit is currently vacant and another is ready for renovation, providing immediate upside potential for investors seeking to increase overall returns. When fully leased at market rates, the property is projected to generate approximately $6,025 per month in gross rent. With two units offering near-term value-add opportunities, this investment combines steady current income with attractive growth potential. Located just steps from Lincoln Park, Tremont’s restaurants, cafés, and galleries, and minutes to downtown Cleveland, this property delivers exceptional long-term appreciation and strong tenant demand. ?? Highlights: Two buildings on one parcel — 5 total units Three 2 BR units / 1 Bath Two 1 BR units / 1 Bath 4 units updated and in excellent condition 1 fully rennovated unit vacant 1 unit ready for renovation Refinished original hardwood floors and central air Fair-market rent potential: ~$6,025/month when fully leased Prime Tremont location — walk to Lincoln Park, restaurants, and shops

Listing Status:
Active
Listing Office:
Plum Tree Realty, LLC : 513-378-4663
Listing Agent:
Robert F Collett : 216-650-6915
MLS ID:
5169331
  • Basement: Common Basement
  • A/C: Central Air
  • Heating: Forced Air
  • Parking: None
  • Roofing: Asphalt
  • General: Wood Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 87 P&J 0223 NP004-12-014
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Robert F Collett, Plum Tree Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tremont Montessori School

2409 W 10th St, Cleveland, OH, 44113

Grades PK-8

0.13 miles away

T

Tremont Montessori School

2409 W 10th St, Cleveland, OH, 44113

Grades PK-8

0.13 miles away

L

Lincoln West School of Global Studies

3202 W 30th St, Cleveland, OH, 44109

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.