10117 Somerset Avenue Cleveland, OH 44108
Listing Courtesy of: MLS LogoYES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick / Adrian Frederick III - Contact:  thefrederickteam@gmail.com, 216-210-7653

  10117 Somerset Avenue Cleveland, OH 44108

Active (3 Days)
$169,500 (USD)
6
BED
3
BATH
4,096
SQFT

Description

ATTENTION INVESTORS! Affordable, turnkey triplex opportunity in the rapidly developing University Circle/Wade Park area, known for strong rental demand & continued appreciation. Prime location just minutes from major college & medical campuses—approximately a 2-minute drive or 5-minute walk—making this an ideal rental property for consistent occupancy. Spacious three-family property features three units, each offering 2 bedrooms and 1 full bath with comfortable, functional layouts. One unit is currently occupied (third floor) by a tenant who would like to remain, while the other two units are vacant and rent-ready, providing immediate upside for owner-occupants or investors seeking to lease at current market rents. Property has seen recent renovations/offers solid mechanical updates, including updated furnaces and hot water tanks, all separately metered for efficiency and tenant responsibility. Additional improvements include updated electrical systems and a flat roof installed in 2018. Situated on a quiet street in a high-demand rental corridor, property offers flexibility, strong income potential, long-term growth in one of the area’s most active redevelopment zones. Do not disturb tenant on 3rd floor. No wholesalers/owner financing. ONLY 1st 2 units can be shown till accepted offer.

MLS #:
5195508
Taxes
$1,616(2025)
Lot Size
4,400 SQFT
Type
Multifamily
Year Built
1911
School District
Cleveland Municipal - 1809
County
Cuyahoga County
Community
University Circle

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com, 216-210-7653
Adrian Frederick III, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Apr 10 2026 at 5:37 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Laundry: Common Area
Subdivision
  • University Circle
Heating and Cooling
  • Forced Air
  • Gas
Basement Information
  • Unfinished
Exterior Features
  • Roof: Flat
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Detached
  • Garage
  • Paved
Stories
  • 3
Living Area
  • 4,096 sqft
Additional Information: Schmidt Realty | thefrederickteam@gmail.com, 216-210-7653
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/9/26 22:37