18606 Cherokee Avenue, Cleveland, OH 44119
Local realty services provided by:CENTURY 21 Bolte Real Estate
Listed by: amelie koski, sophie boehlen
Office: premier heights realty llc.
MLS#:5232350
Source:OH_NORMLS
Price summary
- Price:$210,000
- Price per sq. ft.:$107.69
About this home
$48K potential GRI... Triplex available on the Cleveland-Euclid border EASILY beats the 1% Rule and 10-Cap requirement with a potential of nearly $4,000 a month GRI once fully rented!! Investors and House-Hackers... If you are looking for a property with great cashflow to add to your portfolio, or want to start investing with an easy property, this is THE ONE for YOU!! The Front Unit features 2 bedrooms. Currently rented for $1050 through 12.11.26, the rent potential is much higher, with CMHA paying up to $1333 for a 2-bedroom in 44119. The Back Unit is an efficiency that has no kitchen or kitchenette. It is offered furnished and currently rented through Airbnb for approximately $1350/month. The Up Unit features 2 bedrooms and 1 bath, and could generate another $1333 each month, making the total annual rent income around $48,000 (the furnishings in this unit will convey, as well. As a furnished short or mid-term rental, this unit could generate $1800-2000 each month). Property has a valid LEAD Certificate. Additional features: glass block throughout the basement, aluminum siding and vinyl windows for low maintenance, updated electrical panels with romex, security system with cameras, EV charger, and a BRAND NEW ROOF (2026)....
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Home facts
- Year built:1923
- Subdivision & Development:Berwick Ext Sub
- Listing ID #:5232350
- Added:39 day(s) ago
- Updated:September 10, 2026 at 07:43 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,950 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1923
- Building area:1,950 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Aluminium Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$210,000
- Price per sq. ft.:$107.69
- Tax amount:$2,810 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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