18024 Olympia Road
Cleveland, OH 44112
- 4 beds
- 2 baths
- 1,960 sqft
- 3,920 sqft lot
- $61 per sqft
- 1920 build
- – on site
Welcome to 18024 Olympia Road, Cleveland, OH 44112, a fantastic triplex that presents an incredible investment opportunity. This property features five bedrooms and three full bathrooms spread across three units, offering great rental income potential. The first-floor unit is currently rented for $1,000 per month, providing immediate cash flow. The second-floor unit, which is currently occupied will be vacant by the end of the month, has the potential to rent for $1,000 per month, while the third-floor unit (which will be vacant by the end of the month) could generate an additional $600 per month in rental income. Though the triplex requires some maintenance to restore it to its full potential, it holds the promise of becoming a true cash cow. With all three units occupied, this property could yield a gross rental income of $2,600 per month. Whether you’re a seasoned investor or just starting to build your portfolio, this triplex offers a unique opportunity to maximize your return. Don’t miss out on this chance to own a multi-unit property in a desirable location. Schedule your showing today and unlock the potential of 18024 Olympia Road!
Last checked:
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Last updated Jan 18, 2025
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MLS# 5095194 —
The Building
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Year Built:1920
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Levels:ThreeOrMore
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Roof:Asphalt,Fiberglass
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Basement:Full,Concrete,Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:1960.0
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Above Grade Finished Area Source:Assessor
Interior
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Rooms Total:10
Room Dimensions
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Living Area:1960.0
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Living Area Units:SquareFeet
Location
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Directions:Northwest of Euclid Avenue, between Burgess and Cliffview.
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Latitude:41.556776
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Longitude:-81.555469
The Property
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Parcel Number:117-08-056
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Lot Size Acres:0.09
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Lot Size Area:0.09
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 724-5116
- Office phone:
- (440) 389-3883
Taxes
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Tax Year:2023
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Tax Legal Description:50 EUCVW S/L 70 SWP 0069 ALL 11708058
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Tax Annual Amount:$1,216
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash,Conventional,Fha203k
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Euclid View Land Co
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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1/17/25
Jan 17, 2025
|
Listed / Active | MLS_NOW | $119,900 |
