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1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo
1382 E 188th Street, Cleveland, OH 44110 Photo

37 Total Photos [Click to View All]

1382 E 188th Street Cleveland, OH 44110
$160,000
Active / MLS# 5222074 / Multi Unit - Multiple / Cleveland
5 Beds
3 Baths
3970 SqFt

Great investment opportunity with immediate cash flow! This fully occupied triplex offers three income-producing units plus additional garage rental income, making it an excellent addition to any investment portfolio. The property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with strong rental demand. Current rents are $950/month for the first 2-bedroom unit, $675/month for the 1-bedroom unit, and $590/month for the second 2-bedroom unit, which is occupied by a long-term tenant paying below-market rent. The detached garage generates an additional $125/month as storage rental, creating multiple income streams with upside potential through future rent adjustments. The property offers separate living spaces with functional layouts, updated bathrooms in select units, spacious kitchens, hardwood flooring, and classic architectural charm. Tenants also enjoy large covered front porches, ample yard space, and off-street parking with a detached garage. Separate utility meters further enhance the property's investment appeal. Conveniently located on Cleveland's east side near shopping, dining, schools, parks, public transportation, and major highways, this is a turnkey opportunity for investors seeking stable rental income today with room to increase future returns. Whether you're expanding your portfolio or purchasing your first multifamily investment, this fully occupied triplex delivers immediate income and long-term potential.

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Mortgage Calculator

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

Estimated Payment

$ 558.39 per month $355.56 Principal & Interest $156.17 Property Tax $46.67 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,874 / year
Year Built: 1962

Feature Descriptions

Days on Site: 4
Exterior: Wood Siding
Laundry: Common Area
Parcel#: 116-32-049
Parking: Detached, Garage, Unpaved
Sewer: Public Sewer
Water: Public

Schools

School District: Cleveland Municipal - 1809

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: Parkview Realty Group Ltd
Agency Contact: markmcguire@parkviewrg.com, 216-712-8382

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