3518 E 153rd Street, Cleveland, OH 44120
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: michael azzam
Office: re/max haven realty
MLS#:5260130
Source:OH_NORMLS
Price summary
- Price:$179,000
- Price per sq. ft.:$55.94
About this home
Excellent Investment Opportunity! This spacious triplex that offers an outstanding opportunity for seasoned investors looking to expand their portfolios, maximize rental income, & build long-term equity! Featuring three generously sized units, numerous major mechanical upgrades, & strong rental potential, this property is ready for its next chapter!
Units 1 & 2 each feature 3 bedrooms & 1 full bathroom, while Unit 3 offers 2 bedrooms & 1 full bathroom. Each unit provides a spacious living room, functional kitchen with an adjoining dining area, creating comfortable & practical living spaces for tenants. The basement offers additional storage & potential for future improvements, plus a detached 2-car garage.
Major recent improvements include a brand-new roof, new furnaces, & new hot water tanks, helping reduce concerns about significant near-term capital expenditures. Additional highlights include newer windows, central AC, & separate electric meters.
With estimated market rents of $1,200/mo for Units 1 & 2, & $800/mo for Unit 3, this property offers a potential combined gross rental income of $3,200/mo!
Conveniently located in the Cleveland area, near the Nature Center at Shaker Lakes, John Carroll University, & Cuyahoga Community College (Tri-C) Eastern Campus. The property also offers access to I-271 & I-480, providing connections to surrounding communities, employment centers, & everyday destinations. Shopping, restaurants, schools, parks, public transportation, & other local amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With substantial mechanical updates, versatile unit layouts, & attractive income potential, this triplex presents an excellent opportunity to generate rental revenue & build long-term value. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers....
Contact an agent
Home facts
- Year built:1926
- Subdivision & Development:Shaker Overlook Land Cos
- Listing ID #:5260130
- Added:1 day(s) ago
- Updated:November 14, 2026 at 03:20 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement:Yes
- Basement Description:Full
- Living area:3,200 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1926
- Building area:3,200 sq. ft.
- Lot area:0.14 Acres
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,000
- Price per sq. ft.:$55.94
- Tax amount:$1,171 (2025)
Parking
- Parking description:Detached, Driveway, Garage
- Garage:Yes
- Garage spaces:2
New listings near 3518 E 153rd Street
- New
$129,999Active4 beds 2 baths3210 Louisiana Avenue, Cleveland, OH 44109
MLS# 5257133Listed by: THE HOLTON-WISE PROPERTY GROUP LLC - New
$109,999Active3 beds 1 baths3663 E 54th Street, Cleveland, OH 44105
MLS# 5260372Listed by: THE HOLTON-WISE PROPERTY GROUP LLC - New
$129,900Active2 beds 2 baths942 sq. ft.3482 W 136th Street, Cleveland, OH 44111
MLS# 5260653Listed by: REAL OF OHIO - Open Sun, 12 to 2pmNew
$215,000Active3 beds 2 baths1,143 sq. ft.4204 W 49th Street, Cleveland, OH 44144
MLS# 5259584Listed by: KELLER WILLIAMS CITYWIDE - New
$298,900Active4 beds 1 baths1776 W 52nd Street, Cleveland, OH 44102
MLS# 5260987Listed by: LISTWITHFREEDOM.COM INC. 
$419,900Active2 beds 2 baths1,698 sq. ft.1951 W 26th Street #517, Cleveland, OH 44113
MLS# 5247114Listed by: BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY- New
$259,900Active3 beds 2 baths14523 Orchard Park Avenue, Cleveland, OH 44111
MLS# 5259026Listed by: KELLER WILLIAMS CITYWIDE - New
$99,900Active3 beds 2 baths1,548 sq. ft.4201 Trowbridge Avenue, Cleveland, OH 44113
MLS# 5260556Listed by: RE/MAX ABOVE & BEYOND - New
$159,000Active3 beds 2 baths1,509 sq. ft.11113 Fidelity Avenue, Cleveland, OH 44111
MLS# 5260727Listed by: BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.