Backup offers
$1,258 Closing Credit¹
#5072462, Jermaine N Brooks, Listing Office: Keller Williams Greater Metropolitan
$119,900 List price
18024 Olympia Rd Cleveland, OH 44112
$1,424
Closing credit¹
4 beds
2 full
1,960 sqft
0.09 acres
$61 / sqft
Multi-Family
Property details
About 18024 Olympia Rd
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!
Highlights
Home typeTriplex
HeatingForced Air, Natural Gas
StatusSale Pending
(Pending)
(Pending)
Size1,960 sqft
BasementYes
Lot size0.09 Acres
Year built1920
ParkingPaved
MLS #5095194
Summary
- MLS Number: 5095194
- MLS Name: NOWDD
- Office Name: Real Estate Quest, Inc.
- Office Email: rebroker216@gmail.com
- Listing Agent: Alex V Johnson
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$119,900
18024 Olympia Rd
$1,424
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2023 | Home Sold | $110,000 |
| Feb 23, 2021 | Home Sold | $30,000 |
| Feb 25, 2020 | Home Sold | $34,000 |
| Dec 03, 2019 | Home Sold | $13,658 |
| Oct 01, 2013 | Home Sold | $39,125 |
| Aug 21, 2013 | Home Sold | $14,500 |
| Aug 07, 2013 | Home Sold | $14,500 |
| Aug 01, 2005 | Home Sold | $95,000 |
| Aug 23, 2001 | Home Sold | $92,500 |
| Dec 20, 2000 | Home Sold | $61,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $15,690 | $1,216 |
| 2022 | $15,690 | $1,209 |
| 2021 | $15,680 | $1,198 |
| 2020 | $13,060 | $1,153 |
| 2019 | $13,060 | $1,570 |
| 2018 | $13,060 | $1,342 |
| 2017 | $12,920 | $1,923 |
History based on county public records data.
Nearby schools
4
Oxford Elementary School
Public District KG-5
1.6 mi
•939 Quilliams Rd
4
Bella Academy of Excellence
Public Charter KG-6
1.8 mi
•19114 Bella Dr
6
Chardon Hills STEM School
Public District 1-5
2.1 mi
•1455 E 260th St
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 $46,424. Most Cleveland, OH residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
32%
<35k
49%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
22%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 18024 Olympia Rd in Cleveland, OH and zip code 44112 in the Euclid-Green neighborhood. This 1,960 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $119,900.
Cleveland, OH housing market in February 2025 saw over 152 listings sold above listed price, more than 83 sold at listed price and over 274 sold below. Between January and February 2025, Cleveland, OH real estate market has seen increase in the number of listings by 0.7%. While the average time on the market in February 2025 was 52 days, the median list price was $170,020.
From Rocket Homes Real Estate and based on county public records data.