10409 Ostend Ave, Cleveland, OH

Name: 10409 Ostend Ave, For Sale in Cleveland - eXp Commercial Brokerage
Brand: Keller Williams Citywide
SKU: 5135830
Price: 185000 CAD

Real Estate

For Sale

$--,---,---

740

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size sqft

Garage Yes

Taxes $1,686

Days Active 0

Lot Size

Approx. Age 1911

MLS® Number 5135830

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Prepare to be moved! Welcome to 10409 Ostend Avenue in Cleveland, OH 44108, a fantastic opportunity to own a fully functional and updated 3-unit property in the heart of East Cleveland. Situated just minutes from Rockefeller Park, University Circle, and a variety of restaurants and shopping options, this spacious triplex offers an ideal location with solid rental potential—or a chance to house hack while tenants help pay the mortgage. Each unit is metered separately, providing ease of management and tenant independence. The third-floor unit has a comfortable layout that includes a living room, eat-in kitchen, bedroom, and full bathroom—ideal as an income-generating rental. Both the first and second floors feature spacious layouts with three bedrooms, one full bathroom, an eat-in kitchen, a formal dining room, and a comfortable living room. With three full kitchens, three full bathrooms, and an additional half bath in the basement, the property provides both space and flexibility for a variety of living arrangements. Current rental rates: Unit 1: $980/month (includes $80 for water/sewer); Unit 3: $650/month (includes $50 for water/sewer). These units are currently below market rates, offering additional potential for future rental increases. The first-floor unit is currently month-to-month, providing flexibility for owner-occupants or new lease terms. Mechanicals are updated throughout the property, including newer electric, HVAC systems, and water tanks. In 2021, the basement was enhanced with newer glass block windows, and nearly every surface of the property was professionally painted to give the entire building a clean and refreshed appearance. There are also three separate laundry hookups in the basement. This property presents an excellent opportunity for investors or owner-occupants seeking a low-maintenance, income-producing asset. Don’t miss your chance to own this fantastic property moments away from Cleveland’s cultural and commercial hubs.Show Description

MLS® Number5135830

Laundry Level

Central VacNo

FireplaceNo

Acreage0.101

Exterior

GarageYes

Approx. Age1911

BasementPartially Finished

DrivewayGarage

Garage Spaces

HeatForced Air

A/CNone

Heating Fuel

Extras

Similar Listings

Get notified of price or status changes by saving this listing