$119,900

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)
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

IDXCopyright 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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view of front property with a porch

$119,900

18024 Olympia Rd

$1,424

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

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.

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