Investment Property for Sale at 1939 Coltman Road in Cleveland, OH for $524,900

Open House Saturday, October 24, 2026 12:00 pm – 2:00 pm

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1939 Coltman Road | Cleveland

$524,900 | 7 Beds | 3 Baths (3 Full) | 2,302 Sq. Ft.

Discover a versatile investment opportunity in the heart of Cleveland\u2019s Little Italy! This updated triplex features three units, each with two bedrooms and one full bath, offering the flexibility to rent all three or live in one while renting the other two. Each unit has its own private porch or balcony, providing an inviting spot for morning coffee or relaxing evenings. Wood floors grace many of the living spaces and bedrooms, while classic architectural details add character and charm throughout. Updated kitchens and bathrooms\u2014including heated bathroom floors in units #2 and #3\u2014offer everyday comfort.\r\n\r\nExtensive electrical updates completed in 2020 include new wiring throughout the entire home, all new outlets and fixtures, a new service entry, and four new electrical panels with 200-amp service. Additional improvements in 2023 include high-efficiency furnaces, central air in every unit, and electric water heaters.\r\n\r\nThe upper unit features private laundry, while the shared basement provides additional laundry facilities and storage. A private backyard, off-street parking, and a two-car garage round out the property\u2019s amenities. Conveniently located near Case Western Reserve University, University Hospitals, Cleveland Clinic, University Circle, and Cleveland\u2019s renowned museums, this property places restaurants, entertainment, parks, and cultural attractions close at hand. A great opportunity to enjoy this historic neighborhood while building rental income! MLSNow 5251506 Directions to property: North off Mayfield Road

MLS Listing ID: 
MLSNow 5251506
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$524,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Property Sub Type: 
Triplex
Primary Market Area: 
Cleveland
Address: 
1939 Coltman Road, Cleveland, OH 44106
County: 
Cuyahoga
Latitude: 
41.5103950
Longitude: 
-81.5982050
Directions: 
North off Mayfield Road
Public Remarks: 
Discover a versatile investment opportunity in the heart of Cleveland\u2019s Little Italy! This updated triplex features three units, each with two bedrooms and one full bath, offering the flexibility to rent all three or live in one while renting the other two. Each unit has its own private porch or balcony, providing an inviting spot for morning coffee or relaxing evenings. Wood floors grace many of the living spaces and bedrooms, while classic architectural details add character and charm throughout. Updated kitchens and bathrooms\u2014including heated bathroom floors in units #2 and #3\u2014offer everyday comfort.\r\n\r\nExtensive electrical updates completed in 2020 include new wiring throughout the entire home, all new outlets and fixtures, a new service entry, and four new electrical panels with 200-amp service. Additional improvements in 2023 include high-efficiency furnaces, central air in every unit, and electric water heaters.\r\n\r\nThe upper unit features private laundry, while the shared basement provides additional laundry facilities and storage. A private backyard, off-street parking, and a two-car garage round out the property\u2019s amenities. Conveniently located near Case Western Reserve University, University Hospitals, Cleveland Clinic, University Circle, and Cleveland\u2019s renowned museums, this property places restaurants, entertainment, parks, and cultural attractions close at hand. A great opportunity to enjoy this historic neighborhood while building rental income!
Community Information
School District: 
Cleveland Municipal - 1809
Community Features: 
Medical Service,Playground,Park,Shopping
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
2,302
Basement: 
Common Basement,Exterior Entry,Full,Interior Entry,Concrete,Storage Space,Unfinished
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
15
Total Bedrooms: 
7
Total Bathrooms: 
3
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Detached,Garage,Paved
Additional Details
Appliances: 
Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
Public Record
Parcel Number: 
120-30-044
Annual Tax: 
$6,752.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed,Other
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

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