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Active
  • $169,500

    10117 Somerset Ave, Cleveland, OH 44108

    6beds
    4,096sqft
    : 
    $1,332/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1911
    -- sqft lot
    $-- Zestimate®
    $41/sqft
    $-- HOA

    What's special

    Comfortable functional layoutsUpdated electrical systems
    ATTENTION INVESTORS! Affordable, turnkey triplex opportunity in the rapidly developing University Circle/Wade Park area, known for strong rental demand & continued appreciation. Prime location just minutes from major college & medical campuses—approximately a 2-minute drive or 5-minute walk—making this an ideal rental property for consistent occupancy. Spacious three-family property features three units, each offering 2 bedrooms and 1 full bath with comfortable, functional layouts. One unit is currently occupied (third floor) by a tenant who would like to remain, while the other two units are vacant and rent-ready, providing immediate upside for owner-occupants or investors seeking to lease at current market rents. Property has seen recent renovations/offers solid mechanical updates, including updated furnaces and hot water tanks, all separately metered for efficiency and tenant responsibility. Additional improvements include updated electrical systems and a flat roof installed in 2018. Situated on a quiet street in a high-demand rental corridor, property offers flexibility, strong income potential, long-term growth in one of the area’s most active redevelopment zones. Do not disturb tenant on 3rd floor. No wholesalers/owner financing. ONLY 1st 2 units can be shown till accepted offer.
    115 days
    |
    122
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,

    Coldwell Banker Schmidt Realty,

    Adrian Frederick 216-469-4854,

    Coldwell Banker Schmidt Realty

    Source: MLS Now,MLS#: 5195508MLS LogoOriginating MLS: Lorain County Association Of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: Common Area
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 4,096
      • Total interior livable area: 4,096 sqft
      • Finished area above ground: 2,952
      • Finished area below ground: 1,144

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage, Paved
      • Garage spaces: 1
      Features
      • Levels: Three Or More
      • Stories: 3
      Lot
      • Size: 4,399 Square Feet
      Details
      • Parcel number: 10909192

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Aluminum Siding, Vinyl Siding
      • Roof: Asphalt,Fiberglass,Flat
      Condition
      • Year built: 1911

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: University Circle
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $41/sqft
      • Tax assessed value: $69,000
      • Annual tax amount: $1,616
      • Date on market: 4/6/2026
      • Cumulative days on market: 116 days
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/6/2026Listed for sale$169,500+25.6%$41/sqft
        Source: MLS Now #5195508 Report a problem
        1/3/2024Listing removed--
        Source: Zillow Rentals Report a problem
        10/17/2023Price change$850+13.3%
        Source: Zillow Rentals Report a problem
        8/23/2023Price change$750-6.3%
        Source: Zillow Rentals Report a problem
        8/17/2023Price change$800-15.8%
        Source: Zillow Rentals Report a problem
        8/11/2023Price change$950-11.6%
        Source: Zillow Rentals Report a problem
        8/7/2023Sold$135,000-18.2%$33/sqft
        Source: MLS Now #4467409 Report a problem
        8/3/2023Listed for rent$1,075
        Source: Zillow Rentals Report a problem
        6/26/2023Pending sale$164,999$40/sqft
        Source: MLS Now #4467409 Report a problem
        6/16/2023Listed for sale$164,999+450%$40/sqft
        Source: MLS Now #4467409 Report a problem
        5/18/2004Sold$30,000-41.2%$7/sqft
        Source: Public Record Report a problem
        10/23/1995Sold$51,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,616 +0%$24,150
        2024$1,615 +89.6%$24,150 +119.7%
        2023$852 +0.6%$10,990
        2022$847 +0.9%$10,990
        2021$839 +5.6%$10,990 +22.1%
        2020$795 -45.9%$9,000
        2019$1,470 +100.3%$9,000
        2018$734 +2.4%$9,000 +6.1%
        2017$717 -59.5%$8,480
        2016$1,769 +6.6%$8,480
        2015$1,658 -2.1%$8,480 -10%
        2014$1,694 -66.1%$9,420
        2013$4,993 +30.1%$9,420
        2012$3,837 +42.2%$9,420 -52.8%
        2011$2,698 +122.8%$19,960
        2010$1,211 +0.8%$19,960
        2009$1,201 -7.6%$19,960 -12%
        2008$1,299 +3.3%$22,690
        2007$1,258 +0.1%$22,690
        2006$1,256 +7.8%$22,690 +13.3%
        2005$1,166 -40.7%$20,020
        2004$1,966 +72.4%$20,020
        2003$1,140 +8.9%$20,020 +7.9%
        2002$1,047 -42.2%$18,550
        2001$1,812 +4.5%$18,550
        2000$1,734 $18,550
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Glenville

        Getting around

        52 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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