1051 E 171st St, Cleveland, OH, 44119
About This Home
Become a Real Estate Investor Overnight! The hard part has already been done. Welcome to a turnkey triplex in the heart of South Collinwood offering immediate cash flow and strong long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or a first time buyer seeking a performing asset, this property is ready to generate income from day one. The first and second floor units feature spacious floor plans with large living rooms, traditional dining rooms, oversized picture windows, two bedrooms, full kitchens, updated bathrooms, and large porches for your outdoor entertainment. The third floor offers a newly finished loft style unit with over 600 sq/ft of living space, soaring ceilings, and excellent rental potential. Significant renovations were completed in 2019 and 2026 including a full tear-off roof, new windows, updated kitchens and bathrooms, new hot water tanks, updated siding, two newer furnaces, waterproofed basement, new stack, updated electrical panels, and a rebuilt front porch. The first and second floor units are currently occupied, providing immediate rental income, while the major systems and capital improvements have already been addressed, making this a true turn key investment. With strong cash flow potential, low maintenance concerns, and room for continued appreciation, this property is an excellent opportunity to build or strengthen your real estate portfolio. Home Warranty Included.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Asphalt,Fiberglass
- Construction materials: Brick,Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area above ground: 2,798
Heating & Cooling
- Heating features: Baseboard,Forced Air,Gas
- Cooling features: Ceiling Fan(s),Window Unit(s)
Interior Area
- Total structure area: 2,798
- Total interior livable area: 2,798 sqft
Property
Details
- Parcel number: 11325021
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 7,762 sqft
Parking
- Parking features: Driveway,No Garage,Paved,On Street
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
- Inland Flooding
- Tornado
- 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 | $1,091 | $13,092 |
| Home Insurance * | $216 | $2,592 |
| Property Taxes | $340 | $4,080 |
| Electricity | $300 | $3,601 |
| Total | $1,947 | $23,364 |
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 |
|---|---|---|
| 2026-07-29 | Price change | $215,900 |
| 2026-05-30 | Listed for sale | $219,900 |
| 2025-10-15 | Sold | $155,000 |
| 2025-09-24 | Pending sale | $160,000 |
| 2025-09-03 | Price change | $160,000 |
| 2025-08-13 | Listed for sale | $165,000 |
| 2019-02-15 | Sold | $35,000 |
| 2019-02-06 | Pending sale | $21,000 |
| 2019-01-04 | Listed for sale | $21,000 |
| 1992-05-29 | Sold | $68,000 |
For Sale by Agent
View on Zillow