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8311 Decker Avenue

Cleveland, OH 44103
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Bed 5

Bed

Bath 3

Bath

SqFt2,802

Sqft

Acres0.09

Acre(Lot)

Excellent investment opportunity at 8311 Decker Ave! This triplex offers a desirable combination of established rental income, tenant stability, and additional income potential. The first-floor unit is currently vacant, allowing the next owner to immediately place a tenant at current market rents. CMHA rental rates in the 44103 ZIP code can reach as high as $1,209, providing an opportunity to further increase the property's gross monthly income. Unit 2 features 2 bedrooms and 1 bathroom and is occupied by a cash-paying tenant at $750 per month, with a lease through 5/1/2027. Unit 3 features 1 bedroom and 1 bathroom and is occupied by a cash-paying tenant at $600 per month, with a lease through 12/1/2026. The property also features furnaces and hot water tanks that are approximatel y five years old or newer, adding to the property's overall appeal as a largely stabilized multifamily investment. With two occupied units already generating income and a vacant unit ready for lease-up, this property offers investors a strong foundation of existing cash flow with built-in rental upside. The current lease structure provides stability in the near term while giving the next owner opportunities to increase revenue as leases turn over and rents are brought closer to market. Conveniently located near Cleveland Clinic, Downtown Cleveland, major employment centers, shopping, dining, and public transportation, with easy access to nearby highways and destinations throughout Northeast Ohio. A great opportunity for an investor looking to acquire a largely stabilized multifamily property with existing income and room for future growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $175,000

AD Id : 91047504

MLS Id : 5242656

Beds : 5

Lot Size : 0.09 Acre

Living Area Size : 2,802

Tax Amount : 1370.00

Year Built : 1900

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: 14 Has Basement: Yes Basement: Full
  • Roofing Information

    Slate
  • Interior Features

    Roof: Slate
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Frame Private Pool: No

  • Lot Information

    Main Square Feet: 0.0937 Acres Lot Size Acres: 0.0937 Lot Size Source: Public Records

    Property Information

    Subdivision: L M Southerns Wade Park Ave Source Property Type: Residential Income Property SubType: Triplex Levels: Three Or More Property Age: 126

  • Listing Price Information

    Listing Price: $175000

  • Tax Information

    Parcel Number: 106-07-130 Tax Year: 2025 Annual Tax: $1370 Tax Legal Desc: 383 W OF E 84

  • Parking Information

    On Street

  • Location Information

    Direction: From Downtown Cleveland, take I-90 East to the Chester Ave exit. Turn right onto Chester Ave, continue east to E 82nd St, turn left onto E 82nd St, then turn right onto Decker Ave. Property will be on the left at 8311 Decker Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2216 E 82nd Street, Cleveland, OH, 44103 $200,000 5 2 1,620 0.09 Acre
2200 E 81st Street, Cleveland, OH, 44103 $184,900 6 2 2,698 0.09 Acre
1333 E 82nd Street, Cleveland, OH, 44103 $119,900 4 2 -- 0.13 Acre
1345 E 82nd Street, Cleveland, OH, 44103 $132,000 6 2 -- 0.13 Acre
8206 Crumb Avenue, Cleveland, OH, 44103 $120,000 4 2 -- 0.08 Acre
920 Wheelock Road, Cleveland, OH, 44103 $179,900 6 3 3,640 0.11 Acre
7705 Star Avenue, Cleveland, OH, 44103 $115,000 5 2 3,498 0.19 Acre
942 E 79th Street, Cleveland, OH, 44103 $100,000 4 2 1,926 0.10 Acre
7507 Lawnview Avenue, Cleveland, OH, 44103 $419,900 12 6 5,624 0.22 Acre
7609 Superior Avenue, Cleveland, OH, 44103 $399,000 10 4 4,098 0.10 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 09/08/2026 @ 14:27

MLS: 5242656 LISTED BY: Keyano Burgess, Lokal Real Estate, LLC. 216-252-6580 SOURCE: MLS Now

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