$199,000

8701 Lake Avenue, Cleveland, OH 44102

  • 6 beds |
  • 2 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,164sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail. Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at $229,000

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 7:19AM
Listing Office:
2000 Professional Realty : 440-717-9797
Listing Agent:
Kal Alnazer : 216-650-2242
MLS ID:
5187243
  • Laundry: Inside
  • A/C: None
  • Heating: Gas
  • Parking: Off Street
  • Roofing: Flat
  • Windows: Aluminum Frames
  • General: Vinyl Siding2Block
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 12 D&G 0029 NP001-09-079
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Kal Alnazer , 2000 Professional Realty

Monthly Payment

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

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Location

Schools Nearby

M

Marion C. Seltzer PreK-8 School

1468 W 98th St, Cleveland, OH, 44102

Grades PK-8

0.57 miles away

M

Marion C. Seltzer PreK-8 School

1468 W 98th St, Cleveland, OH, 44102

Grades PK-8

0.57 miles away

M

Max S. Hayes High School

2211 W 65th St, Cleveland, OH, 44102

Grades 9-12

1.20 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.