#5085058, Lynn Farris, Listing Office: Century 21 Premiere Properties, Inc.
11805 Chesterfield Ave Cleveland, OH 44108
Property details
About 11805 Chesterfield Ave
Investors, don’t miss this value-add triplex opportunity with immediate rental income! This property features two spacious 2-bedroom, 1-bath units and one cozy 1-bedroom, 1-bath unit, generating a combined monthly gross rent of $1,785. Unit 1 is occupied by a long-term CMHA tenant paying $800 monthly, ensuring stable income. The property offers significant upside through cosmetic upgrades and minor improvements, but major cap-ex items are already addressed, including newer vinyl windows, a recently updated roof, and well-maintained electrical systems. Each unit has a practical layout with room for increased rents after minor updates. Situated in a rental-friendly area with convenient access to public transportation, shopping, and local amenities, this triplex is primed for strong tenant demand. With minimal initial investment needed on structural components, your capital can be focused on enhancing value and increasing rental returns. Act quickly—this multifamily won't last long!
Highlights
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: Paved
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $110,000
- Price/SqFt: $51
- Annual Tax Amount: $1,275
- Tax Year: 2023
- Directions: Between Lakeview and E. 123
- Year Built: 1914
- Stories: 2
- Living Area: 2,146 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 5118362
- MLS Name: NOWDD
- Office Name: RE/MAX Above & Beyond
- Office Phone: (216) 789-6736
- Office Email: jack@21hillrealestate.com
- Listing Agent: Jack Krusinski
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Last updated on: 5/1/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$110,000
11805 Chesterfield Ave
$1,306
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 16, 2019 | Home Sold | $47,000 |
Dec 10, 2015 | Home Sold | $27,500 |
Oct 13, 2004 | Home Sold | $90,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $16,450 | $1,275 |
2022 | $16,450 | $1,268 |
2021 | $16,450 | $1,256 |
2020 | $10,290 | $909 |
2019 | $10,300 | $842 |
2018 | $10,300 | $839 |
2017 | $9,350 | $790 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.1 mi
•13916 Mayfair Ave
5
Boulevard Elementary School
Public District KG-5
2.2 mi
•1749 Lee Rd
6
Roxboro Elementary School
Public District KG-5
2.4 mi
•2405 Roxboro Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,750. The majority of Cleveland, OH residents have income less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 11805 Chesterfield Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,146 square foot home, which was built in 1914, sits on a 0.10 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $110,000.
In March 2025, from all listings sold in Cleveland, OH there were more than 235 sold above asking price, over 286 sold below and more than 83 were sold right at the asked price. In March 2025 in Cleveland, OH there were 14.1% more homes for sale than in February. In March 2025 median list price was $170,800 and the average listing age was 42 days.