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18606 Cherokee Avenue

Cleveland, OH 44119
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Bed 5

Bed

Bath 3

Bath

SqFt1,950

Sqft

Acres0.11

Acre(Lot)

INVESTORS looking for a turnkey property with HIGH RETURNS! Triplex available on the Cleveland-Euclid border that EASILY beats the 1% Rule and 10-Cap requirement with a potential of nearly $4,000 a month GRI once fully rented!! Investors and House-Hackers... If you are looking for a property with great cashflow to add to your portfolio, or want to start investing with an easy property, this is THE ONE for YOU!! The Front Unit features 2 bedrooms. Currently rented for $1050 through 12.11.26, the rent potential is much higher, with CMHA paying up to $1333 for a 2-bedroom in 44119. The Back Unit is an efficiency that has no kitchen or kitchenette. It is offered furnished and currently rented through Airbnb for approximately $1350/month. The Up Unit features 2 bedrooms and 1 bath, and could g enerate another $1333 each month, making the total annual rent income around $48,000 (the furnishings in this unit will convey, as well. As a furnished short or mid-term rental, the Up Unit could generate $1800-2000 each month). Property has a valid LEAD CERTIFICATE. Additional features: glass block throughout the basement, aluminum siding and vinyl windows for low maintenance, updated electrical panels with romex, security system with cameras, EV charger, and a BRAND NEW ROOF (2026).

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Detail Ic Property Details

Property Type : Residential Income

Price : $200,000

AD Id : 91190273

MLS Id : 5244225

Beds : 5

Lot Size : 0.11 Acre

Living Area Size : 1,950

Tax Amount : 2810.00

Year Built : 1923

Garage : 2

County : Cuyahoga

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass Appliances: Range, Refrigerator Laundry Features: Common Area, In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1923 Construction Materials: Aluminum Siding, Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1148 Acres Lot Size Acres: 0.1148 Lot Size Source: Assessor

    Property Information

    Subdivision: Berwick Ext Sub Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 103

  • Listing Price Information

    Listing Price: $200000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 114-15-038 Tax Year: 2025 Annual Tax: $2810 Tax Legal Desc: TR#17 10 BERWICK EXT S/L 534 ALL 0533 ALL 11415039

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Between E 185 and E 188 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
841 Hoover Avenue, Cleveland, OH, 44119 $185,000 4 2 2,436 0.11 Acre

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 09/12/2026 @ 09:27

MLS: 5244225 LISTED BY: Amelie Koski, Premier Heights Realty LLC 216-860-0005 SOURCE: MLS Now

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