11805 Chesterfield Avenue
Cleveland, OH 44108
- 5 beds
- 3 baths
- 2,146 sqft
- $51 per sqft
- 1914 build
- – on site
Investors, don’t miss this value-add triplex opportunity with immediate rental income! This property features two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit, generating a combined monthly gross rent of $1,785. Unit 1 is occupied by a long-term CMHA tenant paying $800 monthly, ensuring stable income. The property offers significant upside through cosmetic upgrades and minor improvements, but major cap-ex items are already addressed, including newer vinyl windows, a recently updated roof, and well-maintained electrical systems. Each unit has a practical layout with room for increased rents after minor updates. Situated in a rental-friendly area with convenient access to public transportation, shopping, and local amenities, this triplex is primed for strong tenant demand. With minimal initial investment needed on structural components, your capital can be focused on enhancing value and increasing rental returns. Act quickly—this multifamily won't last long!
Last checked:
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Checking…
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Last updated May 6, 2025
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MLS# 5118362 —
The Building
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Year Built:1914
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Year Built Source:PublicRecords
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Construction Materials:WoodSiding
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Levels:Two,ThreeOrMore
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Full
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:2146.0
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Above Grade Finished Area Source:PublicRecords
Room Dimensions
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Living Area:2146.0
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Living Area Units:SquareFeet
Location
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Directions:Between Lakeview and E. 123
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Latitude:41.527494
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Longitude:-81.603668
The Property
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Parcel Number:110-26-084
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Lot Size Acres:0.1
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Lot Size Area:0.1
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 789-6736
- Office phone:
- (440) 546-1313
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,275
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/11805-Chesterfield-Avenue-Cleveland-OH-44108/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/30/25
Apr 30, 2025
|
Listed / Active | MLS_NOW | $110,000 |