1382 E 188th Street
Cleveland, OH 44110
5
Bed
3
Bath
3,970Sqft
0.15Acre(Lot)
Great investment opportunity with immediate cash flow! This fully occupied triplex offers three income-producing units plus additional garage rental income, making it an excellent addition to any investment portfolio. The property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with strong rental demand. Current rents are $950/month for the first 2-bedroom unit, $675/month for the 1-bedroom unit, and $590/month for the second 2-bedroom unit, which is occupied by a long-term tenant paying below-market rent. The detached garage generates an additional $125/month as storage rental, creating multiple income streams with upside potential through future rent adjustments. The property offers separate living spaces with functional layo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 13 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
-
Building Information
Year Built: 1962 Construction Materials: Wood Siding Stories: 3 Private Pool: No
-
Lot Information
Main Square Feet: 0.1543 Acres Lot Size Acres: 0.1543 Lot Size Source: Public RecordsProperty Information
Subdivision: C M Mixs Source Property Type: Residential Income Property SubType: Triplex Levels: Three Or More Property Age: 64
-
Listing Price Information
Listing Price: $160000 Cash, Conventional, FHA, VA Loan
-
Tax Information
Parcel Number: 116-32-049 Tax Year: 2025 Annual Tax: $1874 Tax Legal Desc: 14 MIX 0064 ALL
-
Parking Information
Detached, Garage, UnpavedGarage Information
Has Garage: Yes Garage Space: 2
-
Location Information
Direction: Nottingham to Melvin WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1311 E 187th Street, Cleveland, OH, 44110 | $189,900 | 5 | 3 | -- | |
| 941 Alhambra Road, Cleveland, OH, 44110 | $40,000 | 4 | 2 | 1,580 | 1,580 SqFt |
| 817 Alhambra Road, Cleveland, OH, 44110 | $105,000 | 4 | 2 | 1,440 | 1,440 SqFt |
| 948 Royal Road, Cleveland, OH, 44110 | $117,500 | 5 | 2 | -- | |
| 987 Evangeline Road, Cleveland, OH, 44110 | $130,000 | 4 | 2 | 3,195 | 3,195 SqFt |
| 932 Stevenson Road, Cleveland, OH, 44110 | $122,000 | 4 | 2 | 2,608 | 2,608 SqFt |
| 845 Royal Road, Cleveland, OH, 44110 | $129,900 | 4 | 2 | 1,800 | 1,800 SqFt |
| 930 Evangeline Road, Cleveland, OH, 44110 | $135,000 | 4 | 3 | 1,860 | 1,860 SqFt |
| 801 E 157 Street, Cleveland, OH, 44110 | $159,900 | 4 | 2 | 2,247 | 2,247 SqFt |
| 880 Stevenson Road, Cleveland, OH, 44110 | $134,900 | 6 | 3 | 1,809 | 1,809 SqFt |
Similar Multifamily To 1382 E 188th Street
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 07/23/2026 @ 04:23
More Cities with for Sale by Owner Homes
- Cleveland Homes For Sale By Owner
- Cleveland Heights Homes For Sale By Owner
- East Cleveland Homes For Sale By Owner
- Brooklyn Homes For Sale By Owner
- Garfield Heights Homes For Sale By Owner
- Lakewood Homes For Sale By Owner
- Independence Homes For Sale By Owner
- Parma Homes For Sale By Owner
- Maple Heights Homes For Sale By Owner
- Beachwood Homes For Sale By Owner
- Euclid Homes For Sale By Owner
- Rocky River Homes For Sale By Owner
- Bedford Homes For Sale By Owner
- Brook Park Homes For Sale By Owner
- Broadview Heights Homes For Sale By Owner
- North Royalton Homes For Sale By Owner
- Berea Homes For Sale By Owner
- Wickliffe Homes For Sale By Owner
- Bay Village Homes For Sale By Owner
- Brecksville Homes For Sale By Owner
Homes around $160,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.