LKV Realty
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$160,000
$900Reward *
1382 E 188th Street, Cleveland, OH 44110Listing ID 5222074

1382 E 188th Street, Cleveland, OH 44110

Active
C M Mixs
Time on site: 28 daysLast updated: Jul 18, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,970
Acres
Acres
0.15
Days on Site
Days on Site
27
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas
Year Built
Year Built
1962
Stories
Stories
3
Garages
Garages
2
Parking
Parking
Detached, Garage, Unpaved

Great investment opportunity with immediate cash flow! This fully occupied triplex offers three income-producing units plus additional garage rental income, making it an excellent addition to any investment portfolio. The property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with strong rental demand. Current rents are $950/month for the first 2-bedroom unit, $675/month for the 1-bedroom unit, and $590/month for the second 2-bedroom unit, which is occupied by a long-term tenant paying below-market rent. The detached garage generates an additional $125/month as storage rental, creating multiple income streams with upside potential through future rent adjustments. The property offers separate living spaces with functional layouts, updated bathrooms in select units, spacious kitchens, hardwood flooring, and classic architectural charm. Tenants also enjoy large covered front porches, ample yard space, and off-street parking with a detached garage. Separate utility meters further enhance the property's investment appeal. Conveniently located on Cleveland's east side near shopping, dining, schools, parks, public transportation, and major highways, this is a turnkey opportunity for investors seeking stable rental income today with room to increase future returns. Whether you're expanding your portfolio or purchasing your first multifamily investment, this fully occupied triplex delivers immediate income and long-term potential.

Property Information

Property Details

Location

Address
1382 E 188th Street
County
Cuyahoga
City
Cleveland
Zip Code
44110
Subdivision
C M Mixs
School District
Cleveland Municipal - 1809

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
3

Building

Building Information

Square Feet
3,970
Year Built
1962
Stories
3
Construction
Wood Siding
Roof
Asphalt, Fiberglass

Property Taxes

Tax Annual Amount
$1,874
Tax Year
2025
Parkview Realty Group Ltd, (216) 712-8382

Market Report for 44110

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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