10117 Somerset Avenue Cleveland, OH 44108
Listing Courtesy of: MLS LogoYES MLS / Listed By: Adrian Frederick III, Coldwell Banker Schmidt Realty; Christopher Frederick, Schmidt Realty - Contact:  afredericksold@gmail.com, 216-469-4854

  10117 Somerset Avenue Cleveland, OH 44108

Active (212 Days)
$150,000 (USD)
4
BED
3
BATH

Description

NEW REDUCED PRICE! ATTENTION INVESTORS! FULLY VACANT TRIPLEX WITH EXCELLENT INCOME POTENTIAL NEAR UNIVERSITY CIRCLE & WADE PARK! Fantastic opportunity to expand your investment portfolio with this spacious, nicely updated three-family property offering immediate occupancy and tremendous income potential! ALL THREE UNITS ARE NOW VACANT, giving investors the flexibility to select their own tenants, establish new rental rates, and maximize cash flow from day one! Situated in a high-demand rental corridor just minutes from University Circle's educational and medical campuses, this property offers convenient access to major employment centers, shopping, dining, and neighborhood amenities. Each of the three units features 2 bedrooms and 1 full bathroom, providing comfortable, functional layouts with strong rental appeal. With all three units vacant, this property also presents an excellent opportunity for buyers looking to owner-occupy one unit while generating rental income from the others! Numerous valuable improvements have already been completed, including updated furnaces, hot water tanks, electrical systems, and a flat roof installed in 2018. Separate metering provides added convenience for utility management and operating efficiency. Located on a quiet street near University Circle and Wade Park, this property offers an attractive combination of affordability, location, improvements, and long-term investment potential. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a multifamily opportunity, this property deserves your attention! IMMEDIATE OCCUPANCY AVAILABLE! Don't miss your chance to acquire a fully vacant triplex with the flexibility to implement your own rental strategy! No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

MLS #:
5255965
Taxes
$1,616(2025)
Lot Size
4,400 SQFT
Type
Multifamily
Year Built
1911
School District
Cleveland Municipal - 1809
County
Cuyahoga County
Community
Superior Park

Listed By

Adrian Frederick III, Coldwell Banker Schmidt Realty, Contact: afredericksold@gmail.com, 216-469-4854
Christopher Frederick, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Nov 4 2026 at 6:59 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Subdivision
  • Superior Park
Heating and Cooling
  • Forced Air
Basement Information
  • Unfinished
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Detached
  • Garage
Additional Information: Schmidt Realty | afredericksold@gmail.com, 216-469-4854
Location
   
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Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/4/26 10:59