Attention all serious investors—here’s your chance to acquire a triplex in a highly desirable rental area, ideal for both seasoned portfolio builders and novice investors alike. This income-generating opportunity features two 2-bedroom, 1-bath units and a spacious 1-bedroom, 1-bath third-floor unit, offering three comfortable and rent-attractive spaces. One unit is currently occupied and will be delivered vacant at title transfer, while the other two require only minimal clean-up to be rent-ready—allowing for a quick path to strong cash flow. The property boasts a solid structure with key updates already completed, including a newer roof, updated electrical systems, and plumbing—ensuring peace of mind and reduced upfront maintenance. Separate gas and electric meters for each unit allow tenants to manage their own utilities, while water and sewer are consolidated under one bill for owner convenience. The full basement offers ample storage or utility space, adding to the functionality of this investment. Located in a strong rental market with excellent demand for both traditional and Section 8 tenants, this property offers stable income potential and attractive monthly returns. Whether you’re local or an out-of-state investor, professional property management and contractor recommendations can be provided to help you hit the ground running. Easy to show and in a high-demand area. No wholesalers or owner financing—serious, qualified investors only.
For sale
$110,000
12003 Saywell Ave, Cleveland, OH 44108
5beds
3,603sqft
Est.:
Triplex, Multi Family
Built in 1917
-- sqft lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Full basementNewer roof
- 15 days
- on Zillow |
- 716 |
- 42 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 11:48am
Listing Provided by:
Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,
Coldwell Banker Schmidt Realty,
Michele L Frederick 440-567-8814,
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5141627
Originating MLS: Lorain County Association Of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,603
- Total interior livable area: 3,603 sqft
- Finished area above ground: 2,577
- Finished area below ground: 1,026
Property
Parking
- Parking features: Paved
Features
- Levels: Three Or More
- Stories: 3
- Fencing: Partial
Lot
- Size: 5,362.24 Square Feet
Details
- Parcel number: 11022115
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Roof: Asphalt
Condition
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: C-S Realty Co
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $48,500
- Annual tax amount: $1,920
- Date on market: 7/23/2025
- Loading
- Loading