USAOHClevelandCrawford Woodhill Sub3281 E 118Th St

3281 E 118Th St, Cleveland, OH

Name: 3281 E 118Th St, For Sale in Cleveland - eXp Realty
Brand: EXP Realty, LLC.
SKU: 5208605
Price: 170000 USD

House

For Sale

Listed price in listed location currency (USD).

$170,000

832

MLS® 5208605

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2481 sqft

Garage Yes

Taxes $1,394

Days Active 0

Lot Size

Approx. Age 1918

Avg. Price Per Sqft $68

MLS® Number 5208605

Property Address: 3281 E 118th St, Cleveland, OH, 44120-3818

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR ALERT: Potential Cash-flow powerhouse-Rarely does an asset this stabilized hit the market with these numbers. This renovated "8-Bedroom" Triplex in the Buckeye/Shaker neighborhood is a "Cash-flow Powerhouse, " delivering an incredible 2.99% Monthly Return Potential—Nearly Triple the Traditional 1% rule. Based on 2026 CMHA standards ($1, 762.00 for 3-BRs, $1, 367.00 for 2-BRs), plus $200.00 for the 2-car garage, this property has a potential projected monthly income of $5, 091.00. Every unit has been thoughtfully updated from top to bottom over the last 2 years with fresh paint, flooring, and updated kitchens/baths. Major capital improvements provide ultimate peace of mind: Newer Furnaces (2024), Newer Hot Water Tanks (2024), Newer grounded electrical outlets, and updated plumbing including main stacks and City-replaced main sewer/water lines. The exterior features a roof~ Approx: 2016, vinyl windows (1st/3rd floors), and a waterproofed basement. The first and second floors offer identical 3-BR layouts with large dining and living rooms, built-ins, and porches, while the third floor features a contemporary 2-BR layout. Located in a vibrant, growing area within walking distance to groceries and dining, and minutes from the Cleveland Clinic, University Hospital, Case Western, and Shaker Square. Over 2, 400 sq/ft of high-performance living space with separate entrances and basement storage. Lead risk assessment is in process; buyers to assume any requirements to meet Cleveland’s Lead Safe standards. Whether you are a first-time investor looking to house-hack or a seasoned pro seeking a high-yield asset, this property delivers exceptional value and long-term performance. Secure this stabilized, high-velocity income stream today! Selling “as is”. Call today to schedule a private showing before it’s gone!

MLS® Number5208605

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1918

BasementFull, Sump Pump

DrivewayDetached, Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 8, 2026List Date

$170,000List Price

Nov 20, 2023End Date

$94,900Sold Price

Sold

May 6, 2026List Date

$94,900List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Tom Partin

[email protected]

440-829-4541

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