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1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo
1683 Colonial Drive, Cleveland, OH 44118 Photo

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1683 Colonial Drive Cleveland, OH 44118
$345,000
Pending / MLS# 5168272 / Multi Unit - Multiple / Cleveland
7 Beds
3 Baths
2799 SqFt

Investor's dream meets house-hacker's paradise! This fully updated three-unit gem is just minutes from the vibrant Coventry Village, offering both strong returns and endless flexibility. The first-floor unit is a spacious 3-bed, 1-bath leased for $1,500/month, while the freshly vacated second-floor 3-bed, 1-bath (previously rented at $1,800/month) is move-in ready, perfect for an owner-occupant to live in comfort while your tenants pay the mortgage. The third unit, a charming 1-bed, 1-bath Airbnb/midterm rental, averages $1,500/month, giving you multiple income streams and short-term rental upside. Once fully occupied, enjoy an impressive 10%+ cap rate and nearly 15% cash-on-cash return, a true turnkey opportunity whether you're adding to your portfolio or diving into your first investment. With modern updates, central air, reliable income, and unbeatable proximity to shops, dining, and nightlife, this property delivers financial freedom and lifestyle flexibility in one rare package. *Note - County auditor website states that there are 4 bedrooms and 2 bathrooms but the owner states that there are 7 bedrooms and 3 bathrooms. PROPERTY SOLD AS-IS WHERE IS.

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Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,672.46 per month $766.67 Principal & Interest $805.17 Property Tax $100.63 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air, None
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Shingle
Stories: 3.0
Taxes: $9,662 / year
Year Built: 1912

Feature Descriptions

Days on Site: 140
Exterior: Frame
Parcel#: 684-33-063
Parking: Detached, Garage, On Site, Paved
Sewer: Public Sewer
Water: Public

Schools

School District: Cleveland Hts-Univer - 1810

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

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