2609 Mapledale Avenue, Cleveland, OH 44109

Property Description

This triplex in the rapidly developing Brooklyn Centre neighborhood has been cherished by one family for four generations, offering a rare opportunity to own a true piece of Cleveland history. The property features a side-by-side duplex layout with a third-floor efficiency unit, creating an excellent investment opportunity with strong structure and income potential. Each of the two main units includes two bedrooms and one bath, with spacious living and dining rooms and a full kitchen on the main level and bedrooms upstairs. There is so much charm to behold with all of the natural woodwork throught the units. The third-floor efficiency provides additional rental income, and each unit is separately metered for utilities, offering convenience and efficiency for future tenants. Recent updates include a new heating system on the 2611 side completed in January 2021, a full sewer line replacement from the street to the house in March 2022, rebuilt back porches in August 2022, and replacement of the rear sewer and drain pipes in February 2023. Once renovated, the two-bedroom units can rent for approximately $1,500 each, and the efficiency for around $1,000, offering strong cash flow potential with projected rents exceeding $4,000 per month. With after-repair values around $350,000, this property presents an exceptional opportunity to build equity in one of Cleveland’s fastest-growing areas. Located near MetroHealth, Tremont, and Ohio City, residents enjoy convenient access to highways, restaurants, parks, and downtown Cleveland. Offered at $104,900, this is the perfect investment for those looking to take advantage of Brooklyn Centre’s continued growth and revitalization. Don’t miss your chance to own this value-packed property—call Megan Gordon today to schedule your private showing!