10117 Somerset Ave, Cleveland, OH, 44108
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1911
Materials
- Roof: Asphalt,Fiberglass,Flat
- Construction materials: Aluminum Siding,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area below ground: 1,144
- Finished area above ground: 2,952
Heating & Cooling
- Heating features: Forced Air,Gas
- Cooling features: None
Interior Area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
Property
Details
- Parcel number: 10909192
Features
- Levels: Three Or More
- Stories: 3
Lot
- Lot size: 4,399 sqft
Parking
- Total spaces: 1
- Parking features: Detached,Garage,Paved
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $857 | $10,284 |
| Home Insurance * | $418 | $5,016 |
| Property Taxes | $266 | $3,192 |
| Electricity | $439 | $5,271 |
| Total | $1,980 | $23,760 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $169,500 |
| 2024-01-03 | Listing removed | -- |
| 2023-10-17 | Price change | $850 |
| 2023-08-23 | Price change | $750 |
| 2023-08-17 | Price change | $800 |
| 2023-08-11 | Price change | $950 |
| 2023-08-07 | Sold | $135,000 |
| 2023-08-03 | Listed for rent | $1,075 |
| 2023-06-26 | Pending sale | $164,999 |
| 2023-06-16 | Listed for sale | $164,999 |
| 2004-05-18 | Sold | $30,000 |
| 1995-10-23 | Sold | $51,000 |
For Sale by Agent
View on Zillow