Cleveland, OH 44108,10114 Parkgate AVE
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$ 107,000
Est. payment | /mo

4 Beds

3 Baths

4,399 Sqft Lot


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$ 107,000
Est. payment | /mo
Save

4 Beds

3 Baths

4,399 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Superior Park

MLS Listing ID 5169877

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1911

Annual Tax Amount $1,655

Tax Year 2024

Contingent Inspections

Lot Size 4,399 Sqft

Acres 0.101

Property Sub-Type Triplex

Property Description

Discover an exceptional income-producing property with 10114 Parkgate, a solid triplex featuring three spacious 2-bedroom, 1-bath units, each designed with large kitchens and comfortable living layouts.

Located in a high-demand rental area, this property is just minutes from public transportation, major hospitals, shopping, and essential services—ideal for attracting and retaining long-term renters.

Current Tenancy & Immediate Income

Unit 1: $1,000/month (Section 8 )

Unit 2: $725/month (cash tenant)

Unit 3: Vacant / value-add opportunity

Current rents are significantly below market, giving investors a clear path to increased cash flow through renovations or simple market adjustments. With Section 8 already in place and room to elevate rents across all units, this property offers both stability and upside potential.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 109-08-016

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Joslin Griffin • Mia Brown Realty • joslinlgriffin@gmail.com, 216-609-8165
Aaron Gobble

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 612-2155

agobble21@gmail.com

Akron, OH, United States

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10114 Parkgate AVE