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5208 Fleet Ave, Cleveland, OH, 44105

4beds
3baths
1,969sqft
$180,000
$91price/sqft
$1,735/moest. monthly cost
$69,400/yrincome needed

About This Home

Turnkey 3-unit investment opportunity in the heart of Slavic Village! Ideally located just minutes from Downtown Cleveland with quick access to I-77, this fully rehabbed triplex has benefited from extensive improvements over the past 4+ years and offers immediate income with two occupied units currently leased at $720 and $750 per month, plus a large second-floor unit newly leased for $950 per month. The property features a classic Cleveland multifamily design with attractive decorative trim, a covered front entry, off-street driveway parking, and a low-maintenance exterior. Investors will appreciate the strong rental demand, value-add potential through leasing the vacant unit, and convenient access to shopping, dining, employment centers, and major transportation routes. A rare opportunity to acquire a substantially updated, income-producing asset in one of Cleveland’s most accessible and revitalizing neighborhoods.

Getting Around

56
WalkingSomewhat Walkable
34
TransitSome Transit
53
BikeBikeable

Schools

3/10
Mound Elementary SchoolGrades PK-80.6 mi
4/10
6/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 1,969

Heating & Cooling

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

Interior Area

  • Total structure area: 1,969
  • Total interior livable area: 1,969 sqft

Property

Details

  • Parcel number: 13210021

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: City Lights,City

Lot

  • Lot size: 4,199 sqft
  • Features: City Lot

Parking

  • Parking features: Driveway,No Garage,Paved

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $910$10,920
Home Insurance *$331$3,972
Property Taxes $283$3,396
Electricity $211$2,534
Total$1,735$20,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,485/yr
40% on housing$52,050/yr
45% on housing$46,266/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

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 44105$51
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44105$64
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
2026-06-22Listed for sale$180,000
2023-12-06Listing removed$29,900
2022-02-16Sold$34,000
2022-02-03Pending sale$29,900
2022-01-25Listed for sale$29,900
2021-11-10Sold$17,775

For Sale by Agent

AgentDavid L Sturgeon
BrokerageHoward Hanna

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