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10409 Ostend Avenue, Cleveland, OH 44108

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For Sale

$185,000

7 beds • 3 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 5135830

Courtesy Of Keller Williams Citywide

(440) 892-2211

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.1 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 10409 Ostend Avenue, Cleveland, OH 44108

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CENTURY 21 HomeStar

(440) 449-9100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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