2990 E 130th ST Cleveland, OH 44120
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,174 sqft
Price per Sqft $55
Subdivision Rice Heights Allotment 02
MLS Listing ID 5113472
Bedrooms 7
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,174
Year Built 1918
Annual Tax Amount $1,763
Tax Year 2024
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Triplex
Property Description
The front duplex features a first-floor unit with three bedrooms and one bathroom and an expansive second/third-floor unit with five bedrooms and two bathrooms, including a beautifully finished attic. The rear unit is a standalone single-family home with two bedrooms and one bathroom, fully updated and move-in ready.
All units have been thoughtfully renovated from top to bottom, with updates to kitchens, bathrooms, flooring, mechanicals, and more—allowing new ownership to step into a cash-flowing asset. Based on Fair Market Rent and Section 8 estimates, the 5-bedroom unit can bring in approximately $2,166/month, the 3-bedroom unit at $1,764/month, and the 2-bedroom unit at $1,368/month—bringing the total potential income to $5,298 per month or $63,576 annually. Whether you're a seasoned investor or looking to expand your portfolio, this turnkey triplex provides immediate income and long-term value in a rapidly growing area of Cleveland.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 129-25-062
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard