8311 Decker Avenue, Cleveland, OH 44103
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: keyano burgess
Office: lokal real estate, llc.
MLS#:5242656
Source:OH_NORMLS
Price summary
- Price:$175,000
- Price per sq. ft.:$62.46
About this home
Excellent investment opportunity at 8311 Decker Ave! This triplex offers a desirable combination of established rental income, tenant stability, and additional income potential.
The first-floor unit is currently vacant, allowing the next owner to immediately place a tenant at current market rents. CMHA rental rates in the 44103 ZIP code can reach as high as $1,209, providing an opportunity to further increase the property's gross monthly income.
Unit 2 features 2 bedrooms and 1 bathroom and is occupied by a cash-paying tenant at $750 per month, with a lease through 5/1/2027. Unit 3 features 1 bedroom and 1 bathroom and is occupied by a cash-paying tenant at $600 per month, with a lease through 12/1/2026.
The property also features furnaces and hot water tanks that are approximately five years old or newer, adding to the property's overall appeal as a largely stabilized multifamily investment.
With two occupied units already generating income and a vacant unit ready for lease-up, this property offers investors a strong foundation of existing cash flow with built-in rental upside. The current lease structure provides stability in the near term while giving the next owner opportunities to increase revenue as leases turn over and rents are brought closer to market.
Conveniently located near Cleveland Clinic, Downtown Cleveland, major employment centers, shopping, dining, and public transportation, with easy access to nearby highways and destinations throughout Northeast Ohio.
A great opportunity for an investor looking to acquire a largely stabilized multifamily property with existing income and room for future growth....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:L M Southerns Wade Park Ave
- Listing ID #:5242656
- Added:2 day(s) ago
- Updated:September 08, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement:Yes
- Basement Description:Full
- Living area:2,802 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Slate
- Year built:1900
- Building area:2,802 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$62.46
- Tax amount:$1,370 (2025)
New listings near 8311 Decker Avenue
- New
$130,900Active3 beds 2 baths2,440 sq. ft.18033 Marcella Road, Cleveland, OH 44119
MLS# 5217584Listed by: THE AGENCY CLEVELAND NORTHCOAST - New
$159,900Active3 beds 2 baths1,366 sq. ft.2361 E 59th Street, Cleveland, OH 44104
MLS# 5242825Listed by: BHR & ASSOCIATES - New
$265,000Active4 beds 2 baths3873 W 31st Street, Cleveland, OH 44109
MLS# 5242929Listed by: EXP REALTY, LLC. - New
$189,900Active4 beds 2 baths2,768 sq. ft.2700 Hood Avenue, Cleveland, OH 44109
MLS# 5242931Listed by: RUSSELL REAL ESTATE SERVICES - New
$180,000Active6 beds 3 baths2,092 sq. ft.13608 Earlwood Road, Cleveland, OH 44110
MLS# 5241146Listed by: EPIQUE REALTY - New
$89,999Active5 beds 2 baths2,113 sq. ft.1104 E 143rd Street, Cleveland, OH 44110
MLS# 5241965Listed by: B2B REALTY - New
$139,999Active6 beds 3 baths2,496 sq. ft.9501 & 9503 Saint Catherine Avenue, Cleveland, OH 44104
MLS# 5242896Listed by: B2B REALTY - New
$239,900Active4 beds 2 baths1924 Rowley Avenue, Cleveland, OH 44109
MLS# 5242871Listed by: KELLER WILLIAMS CHERVENIC RLTY - New
$244,000Active3 beds 2 baths1,440 sq. ft.16805 Larchwood Avenue, Cleveland, OH 44135
MLS# 5242879Listed by: JAMM REAL ESTATE CO. - New
$60,000Active5 beds 2 baths1,632 sq. ft.12503 Marston Avenue, Cleveland, OH 44105
MLS# 5242729Listed by: RED 1 REALTY, LLC
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.