Active

$199,000

8701 Lake Ave, Cleveland, OH 44102

6beds

--sqft

$1,521/mo

Get pre-qualified

Triplex, Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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

163 days

472

30

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Cooling

None

Appliances

Laundry: Inside

Features

Windows: Aluminum Frames
Has basement: Yes

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Off Street
Has garage: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 4,164 Square Feet

Details

Parcel number: 00109079
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Vinyl Siding
Foundation: Block
Roof: Flat

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Davis & Grombachers

Location

Region: Cleveland

Financial & listing details

Annual tax amount: $4,914
Date on market: 2/16/2026
Cumulative days on market: 116 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/26/2026	Price change	$199,000-13.1%
Source: MLS Now #5187243 Report a problem
2/16/2026	Listed for sale	$229,000
Source: MLS Now #5187243 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified