Investment Property for Sale at 2827 Avondale Avenue in Cleveland Heights, OH for $289,900

Open House Saturday, June 20, 2026 12:00 pm – 1:00 pm

Listing data updated June 19, 2026 - 10:06am
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2827 Avondale Avenue | Cleveland Heights

$289,900 | 6 Beds | 3 Baths (3 Full) | 4,200 Sq. Ft.

Turnkey Legal Triplex in Cleveland Heights\r\nExcellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy. \r\n\r\nCurrent rents:\r\n\r\nUnit 1: $1,300/month (occupied) 1680 sq ft, 2 bedroom, \u002Bbonus room, 1 bath, lease until 6/30/27\r\n\r\nUnit 2: $1,275/month (occupied) 1680sq ft, 2 bedroom \u002Bbonus room, 1 bath, lease until 3/31/27\r\n\r\nUnit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath\r\n\r\nTotal full rent: $3,550\r\n\r\nRecent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire completed in 2023, windows repaired/repainted, basement painted, new water heater, new 3rd floor heaters. Property previously passed owner inspection in 2023 (including redone garage floor and garage wall). Lead certification nearly complete (paint scraped, repainted, currently waiting on lab results). POS inspection pending. \r\n\r\nLocation: near Case Western Reserve University, University Circle hospitals, Coventry Village, and Little Italy, making it highly attractive to students and healthcare professionals. MLSNow 5213141

Directions to property: North of Mayfield

MLS Listing ID: 
MLSNow 5213141
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$289,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Property Sub Type: 
Triplex
Primary Market Area: 
Cleveland Heights
Address: 
2827 Avondale Avenue, Cleveland Heights, OH 44118
County: 
Cuyahoga
Latitude: 
41.5153380
Longitude: 
-81.5789710
Directions: 
North of Mayfield
Public Remarks: 
Turnkey Legal Triplex in Cleveland Heights\r\nExcellent investment opportunity with immediate cash flow and cap rate. This well-maintained legal triplex features 3 units each with 2 bedrooms, 1 bath. 2 rooms are occupied and 1 is move-in-ready available for tenant or owner occupancy. \r\n\r\nCurrent rents:\r\n\r\nUnit 1: $1,300/month (occupied) 1680 sq ft, 2 bedroom, \u002Bbonus room, 1 bath, lease until 6/30/27\r\n\r\nUnit 2: $1,275/month (occupied) 1680sq ft, 2 bedroom \u002Bbonus room, 1 bath, lease until 3/31/27\r\n\r\nUnit 3: $975/month (listed) 840 sq ft, 2 bedrooms, 1 bath\r\n\r\nTotal full rent: $3,550\r\n\r\nRecent Updates: new flooring on 2nd unit, new hallway stairs, a full electrical rewire completed in 2023, windows repaired/repainted, basement painted, new water heater, new 3rd floor heaters. Property previously passed owner inspection in 2023 (including redone garage floor and garage wall). Lead certification nearly complete (paint scraped, repainted, currently waiting on lab results). POS inspection pending. \r\n\r\nLocation: near Case Western Reserve University, University Circle hospitals, Coventry Village, and Little Italy, making it highly attractive to students and healthcare professionals.
Community Information
School District: 
Cleveland Hts-Univer - 1810
Subdivision: 
Fowler Critchley \u0026 Corlett All
Building Details
Details about the building on a property.
Year Built: 
1920
Living Area: 
4,200
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding,Wood Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
6
Total Bathrooms: 
3
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.14
Lot Size (Area): 
0.14
Lot Features
Parking Type: 
Paved
Public Record
Parcel Number: 
684-01-063
Annual Tax: 
$9,996.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Nicole McHale
Listing Office Name: 
Keller Williams Greater Metropolitan

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