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8212 Golden Ave, Cleveland, OH, 44103

9beds
3baths
2,463sqft
$255,500
$104price/sqft
$2,319/moest. monthly cost
$92,760/yrincome needed

About This Home

Turnkey 3-unit triplex in Cleveland — fully renovated and ready to produce income from day one. This property has been taken down to the studs and rebuilt with all-new systems, finishes, and layout improvements throughout. 9 bedrooms, 3 bathrooms, and 2,463 square feet of fully updated living space spread across three separate units, each designed for long-term tenant retention. Built for cash flow: projected gross rental income of $5,600/month based on Cleveland Eden Program comparables, with strong cap rate potential at this price point. Whether you're a first-time investor looking for a stabilized asset or an experienced operator expanding your portfolio, this property delivers immediate ROI without the headaches of renovation. Highlights include all-new flooring, updated kitchens and bathrooms in each unit, modern fixtures, and a layout optimized for multi-family rental. Located in a Cleveland neighborhood with growing rental demand and active tenant traffic. Full professional appraisal package, rehab documentation, and rent comparables available upon request. Serious investors only, financing or cash welcome. Showings by appointment.

Getting Around

68
WalkingSomewhat Walkable
49
TransitSome Transit
50
BikeBikeable

Schools

3/10
Bolton PreK-8 SchoolGrades PK-80.6 mi
3/10
Mary B Martin SchoolGrades PK-80.8 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial

Interior

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,463 sqft

Property

Details

  • Parcel number: 11927045

Features

  • Exterior features: Other,Wood

Lot

  • Lot size: 6,633 sqft

Parking

  • Parking features: None

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

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

MonthlyAnnual
Mortgage $1,291$15,492
Home Insurance *$362$4,344
Property Taxes $402$4,824
Electricity $264$3,169
Total$2,319$27,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,508/yr
40% on housing$69,570/yr
45% on housing$61,840/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 44103$62
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44103$80
Cuyahoga County$144

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

DateEventPrice
2026-05-10Listed for sale$255,500
2025-05-05Sold$110,000
2024-01-25Sold$140,000

For Sale by Owner

AgentProperty Owner

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