8701 Lake Avenue Cleveland, OH $ 229,000
8701 Lake Avenue
$ 229,000
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8701 Lake Avenue

Cleveland, OH, 44102
$ 229,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,410

8701 Lake Avenue, Cleveland, OH 44102 - Image 1
8701 Lake Avenue, Cleveland, OH 44102 - Image 2
8701 Lake Avenue, Cleveland, OH 44102 - Image 3
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Multi-Family Home for sale in Cleveland, OH

for $229,000 with 6 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.0956.

Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail. Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at $229,000

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Multi-Family Active

Price

$ 229,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,914

Style

Lot Size

0.0956

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5187243

Features
General
Sewer Public Sewer
Heating Gas
Cooling None
Possession Close Plus 30 Days
Roof Flat
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Triplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Davis & Grombachers
Garage Y/N true
Full Baths 2
Status Active
Directions Lake Ave
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 4914
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Triplex
Legal Description 12 D&G 0029 NP
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Interior
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Aluminum Frames
Half Baths 0
Laundry Features Inside
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 0.0956
Foundation Details Block
Number of Buildings 1
Lot Size Acres 0.0956
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Kal Alnazer

Listing Agent

2000 Professional Realty

Broker

kalnazer@sbcglobal.net

Email

Affordability Calculator

$1,819
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,410
Monthly Property Taxes
$410
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$229,000 Listed Price

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8701 Lake Avenue, Cleveland, OH, 44102 is a Multi-Family Home for sale at $229,000 with a lot size of 0.0956. 8701 Lake Avenue has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44102 which is in Cleveland, OH