#5094625, Jon Legato, Listing office: Century 21 DeAnna Realty
$309,900 List price
5101 Herman Ave Cleveland, OH 44102
6 beds
3 full
2,066 sqft
0.08 acres
$150 / sqft
Multi-Family
Property details
About 5101 Herman Ave
Welcome to 5101 Herman Avenue, a unique triplex opportunity in one of Cleveland's most dynamic and fast-growing neighborhoods. This rare property features two buildings on one lot ? a front duplex with two spacious units, and a rear single-family home ? offering flexible rental configurations and strong cash flow potential. Positioned in the heart of Detroit-Shoreway, this property is surrounded by some of Cleveland's most exciting attractions. Tenants will love being just minutes from the Gordon Square Arts District, where indie theaters, art galleries, coffee shops, and breweries make it a cultural hotspot. Enjoy Edgewater Park and Lake Erie's beaches less than a 10-minute walk, perfect for summer draw and long-term tenant satisfaction. Located in an Opportunity Zone, 5101 Herman offers potential tax advantages for savvy investors, while the ongoing neighborhood development signals strong appreciation upside. Whether you're looking for long-term tenants, short-term rentals, or a house-hack setup, this triplex checks all the boxes. Recent updates, good care from a local owner, solid bones, and separate entrances/utilities make this a low-hassle, high-reward investment. With high rental demand and a walkable, transit-friendly location near downtown Cleveland, Ohio City, and Tremont, this property won't stay on the market long.
Highlights
Home typeTriplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s), Window Unit(s)
Size2,066 sqft
BasementYes
Lot size0.0758 Acres
Year built1920
ParkingNone, On Street
MLS #5142169
WaterfrontLake Front
ViewBeach, City Lights, City, Lake
Summary
- Full Bathrooms: 3
- Appliances: Range, Refrigerator
- Basement: Yes
- Interior: Ceiling Fan(s), Eat-in Kitchen
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: None, On Street
- Waterfront: Lake Front
- View: Beach, City Lights, City, Lake
- Exterior: Awnings
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Window Unit(s)
- List Price: $309,900
- Price/SqFt: $150
- Annual Tax Amount: $2,152
- Tax Year: 2023
- Lot: Back Yard, Interior Lot, Waterfront
- Directions: West on Herman off of W. 49th Street. DO NOT USE W. 54th as Herman is a ONE-WAY.
- Year Built: 1920
- Stories: 2
- Living Area: 2,066 SqFt
- Lot Size: 0.0758 Acres
- MLS Number: 5142169
- MLS Name: NOWDD
- Office Name: RE/MAX Above & Beyond
- Office Phone: (440) 305-3104
- Office Email: kevin@affinitygroupcle.com
- Listing Agent: Kevin Ramsammy
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: 7/31/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,760 | $2,152 |
| 2022 | $27,760 | $2,139 |
| 2021 | $27,760 | $2,119 |
| 2020 | $21,840 | $1,930 |
| 2019 | $21,850 | $1,787 |
| 2018 | $21,850 | $1,781 |
| 2017 | $32,560 | $2,752 |
History based on county public records data.
Nearby schools
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
1.5 mi
•3200 W 65th St
5
Louisa May Alcott Elementary School
Public District KG-5
1.8 mi
•10308 Baltic Rd
7
Harrison Elementary School
Public District PK-5
3.0 mi
•2080 Quail 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 $47,700. The most common annual income of people living in Cleveland, OH is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
54%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5101 Herman Ave
The listing price of 5101 Herman Ave property is $309,900.
The property 5101 Herman Ave is a multi located in Cleveland, Ohio, 44102.
Active Listing: 5101 Herman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5101 Herman Ave are: Constellation Schools: Stockyard Community Elementary School (GreatSchools Rating 4/10), Louisa May Alcott Elementary School (GreatSchools Rating 5/10), Harrison Elementary School (GreatSchools Rating 7/10), Waverly School (GreatSchools Rating 3/10), Near West Intergenerational School (GreatSchools Rating 6/10), Joseph M. Gallagher School (GreatSchools Rating 5/10), Garret Morgan School of Leadership and Innovation (GreatSchools Rating 4/10), Garrett Morgan School of Engineering & Innovation (GreatSchools Rating 3/10), Max S. Hayes High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,152 (source: MLS/based on county public records data).
The property 5101 Herman Ave is 2,066 SqFt (source: MLS/tax record).
The year of construction for 5101 Herman Ave is 1920.
This home is located at 5101 Herman Ave in Cleveland, OH and zip code 44102 in the Detroit-Shoreway neighborhood. This 2,066 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $309,900.
Over 306 listings were sold over their listed price in June 2025 in Cleveland, OH. In the same period over 335 listings were sold below the listed price and 98 listings were sold for the listed price. Between May and June 2025, Cleveland, OH real estate market has seen increase in the number of listings by 3.7%. In June 2025 median list price was $173,756 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.