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  • $105,000

    12003 Saywell Ave, Cleveland, OH 44108

    5beds
    3,603sqft
    Triplex, Multi Family
    Built in 1917
    -- sqft lot
    $144,500 Zestimate®
    $29/sqft
    $1,156 Estimated rent

    Home value

    $144,500

    $110,000 - $184,000

    $1,156/mo

    Zestimate® history
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    $1,156/mo

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    $1,156/mo

    Rent Zestimate®

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    $612/mo

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    $612/mo

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    What's special

    Full basementNewer roof
    Attention all serious investors—here’s your chance to acquire a triplex in a highly desirable rental area, ideal for both seasoned portfolio builders and novice investors alike. This income-generating opportunity features two 2-bedroom, 1-bath units and a spacious 1-bedroom, 1-bath third-floor unit, offering three comfortable and rent-attractive spaces. One unit is currently occupied and will be delivered vacant at title transfer, while the other two require only minimal clean-up to be rent-ready—allowing for a quick path to strong cash flow. The property boasts a solid structure with key updates already completed, including a newer roof, updated electrical systems, and plumbing—ensuring peace of mind and reduced upfront maintenance. Separate gas and electric meters for each unit allow tenants to manage their own utilities, while water and sewer are consolidated under one bill for owner convenience. The full basement offers ample storage or utility space, adding to the functionality of this investment. Located in a strong rental market with excellent demand for both traditional and Section 8 tenants, this property offers stable income potential and attractive monthly returns. Whether you’re local or an out-of-state investor, professional property management and contractor recommendations can be provided to help you hit the ground running. Easy to show and in a high-demand area. No wholesalers or owner financing—serious, qualified investors only.

    Zillow last checked:

    Listing updated:

    Listed by:

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

    Coldwell Banker Schmidt Realty,

    Michele L Frederick 440-567-8814,

    Coldwell Banker Schmidt Realty

    Bought with:

    Landy Brito, 2025000639

    Keller Williams Citywide

    Source: MLS Now,MLS#: 5141627MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 3,603
    • Total interior livable area: 3,603 sqft
    • Finished area above ground: 2,577
    • Finished area below ground: 1,026

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Three Or More
    • Stories: 3
    • Fencing: Partial
    Lot
    • Size: 5,362 Square Feet
    Details
    • Parcel number: 11022115

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: C-S Realty Co
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $29/sqft
    • Tax assessed value: $82,000
    • Annual tax amount: $1,920
    • Date on market: 7/23/2025
    • Cumulative days on market: 43 days

    Price history

    DateEventPrice
    10/31/2025Sold$105,000-4.5%$29/sqft
    Source: MLS Now #5141627 Report a problem
    9/4/2025Pending sale$110,000$31/sqft
    Source: MLS Now #5141627 Report a problem
    7/23/2025Listed for sale$110,000+32.5%$31/sqft
    Source: MLS Now #5141627 Report a problem
    10/25/2023Sold$83,000-15.3%$23/sqft
    Source: MLS Now #4484668 Report a problem
    9/6/2023Pending sale$98,000$27/sqft
    Source: MLS Now #4484668 Report a problem
    8/24/2023Price change$98,000+2.1%$27/sqft
    Source: MLS Now #4484668 Report a problem
    3/29/2023Pending sale$96,000$27/sqft
    Source: MLS Now #4427519 Report a problem
    1/29/2023Contingent$96,000$27/sqft
    Source: MLS Now #4427519 Report a problem
    1/29/2023Pending sale$96,000$27/sqft
    Source: MLS Now #4427519 Report a problem
    1/20/2023Listed for sale$96,000$27/sqft
    Source: MLS Now #4427519 Report a problem
    1/7/2023Listing removed--
    Source: MLS Now #4427519 Report a problem
    12/10/2022Listed for sale$96,000+97.9%$27/sqft
    Source: MLS Now #4427519 Report a problem
    10/31/2019Sold$48,500-3%$13/sqft
    Source: MLS Now #4134688 Report a problem
    10/30/2019Pending sale$49,999$14/sqft
    Source: Keller Williams Greater Cleveland #4134688 Report a problem
    9/17/2019Listed for sale$49,999$14/sqft
    Source: Keller Williams Greater Cleveland #4134688 Report a problem
    9/17/2019Listing removed$350
    Source: Owner Report a problem
    8/29/2019Price change$350-36.4%
    Source: Owner Report a problem
    8/17/2019Listed for rent$550
    Source: Owner Report a problem
    8/1/2019Listing removed$49,999$14/sqft
    Source: Keller Williams Greater Cleveland #4090396 Report a problem
    4/26/2019Listed for sale$49,999-46.2%$14/sqft
    Source: Keller Williams Greater Cleveland #4090396 Report a problem
    11/17/2016Sold$92,950+888.8%$26/sqft
    Source: Public Record Report a problem
    6/29/2016Sold$9,400$3/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,921 +0%$28,700
    2024$1,920 +45.8%$28,700 +69%
    2023$1,316 +0.6%$16,980
    2022$1,309 +0.9%$16,980
    2021$1,297 +72.5%$16,980 +99.5%
    2020$752 +8%$8,510 +0.1%
    2019$696 +0.3%$8,500 -0.1%
    2018$694 -40%$8,510 -37.8%
    2017$1,157 $13,690
    2016-- $13,690
    2015$10,439 +68.8%$13,690 -9.9%
    2014$6,185 +135%$15,200
    2013$2,632 +4.9%$15,200
    2012$2,509 -37.9%$15,200 -17.8%
    2011$4,042 +29.8%$18,490
    2010$3,115 +73.1%$18,490
    2009$1,800 +47%$18,490 -12%
    2008$1,224 +4.9%$21,000
    2007$1,167 +93.9%$21,000
    2006$602 +5.2%$21,000 +9.1%
    2005$572 +0.5%$19,250
    2004$569 +0%$19,250
    2003$569 +15.3%$19,250 +10%
    2002$494 -71.1%$17,500
    2001$1,710 +4.5%$17,500
    2000$1,636 $17,500
    Find assessor info on the county website

    Neighborhood: Forest Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: East Cleveland CSD - 1812

    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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    Estimated market value
    $144,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $144,500