15711 Grovewood, Cleveland, OH 44110
Local realty services provided by:CENTURY 21 Bolte Real Estate
15711 Grovewood,Cleveland, OH 44110
$138,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: shoshana socher, alex ryb
Office: keller williams greater metropolitan
MLS#:5163102
Source:OH_NORMLS
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Price summary
- Price:$138,000
About this home
Three Unit Income Property in Cleveland’s East Side, featuring two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Two of the three units are currently occupied month-to-month, providing immediate income with flexibility for future plans.
Each unit offers functional layouts, separate utilities, and comfortable living space. Conveniently located near public transportation, shopping, dining, and major roadways, making it an ideal addition to any investment portfolio.
A great opportunity for investors or an owner-occupant looking to live in one unit and rent the others.
Cap rate based on current rent roll and estimated expenses. Buyer to verify all income and expenses independently.
Pro-forma cap rate of 20.72% ($2590*10/$125,000) Current 13.52%.
Contact an agent
Home facts
- Year built:1928
- Listing ID #:5163102
- Added:71 day(s) ago
- Updated:December 19, 2025 at 07:18 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass, Shingle
- Year built:1928
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$138,000
- Tax amount:$2,558 (2024)
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