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For sale
  • $110,000

    12003 Saywell Ave, Cleveland, OH 44108

    5beds
    3,603sqft
    : 
    Triplex, Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $31/sqft
    $-- HOA

    What's special

    Full basementNewer roof
    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.
    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#: 5141627MLS LogoOriginating MLS: Lorain County Association Of REALTORS
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    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 12003 Saywell Ave.

    Next available tour time:Tomorrow at 11am

    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
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