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Todd Hurd

The Hurd Group

[email protected] +1(330) 338-3473

$ 309,900

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5101 Herman AVE Cleveland, OH 44102

6 Beds

3 Baths

2,066 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,066 sqft

Price per Sqft $150

Subdivision S S Stones

MLS Listing ID 5142169

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,066

Year Built 1920

Annual Tax Amount $3,970

Tax Year 2024

Lot Size 3,301 Sqft

Acres 0.0758

Property Sub-Type Triplex

Property Description

Welcome to 5101 Herman Avenue, a unique triplex opportunity in one of Cleveland's most dynamic and fast-growing neighborhoods. This rare property features two buildings on one lot ? a front duplex with two spacious units, and a rear single-family home ? offering flexible rental configurations and strong cash flow potential. Positioned in the heart of Detroit-Shoreway, this property is surrounded by some of Cleveland's most exciting attractions. Tenants will love being just minutes from the Gordon Square Arts District, where indie theaters, art galleries, coffee shops, and breweries make it a cultural hotspot. Enjoy Edgewater Park and Lake Erie's beaches less than a 10-minute walk, perfect for summer draw and long-term tenant satisfaction. Located in an Opportunity Zone, 5101 Herman offers potential tax advantages for savvy investors, while the ongoing neighborhood development signals strong appreciation upside. Whether you're looking for long-term tenants, short-term rentals, or a house-hack setup, this triplex checks all the boxes. Recent updates, good care from a local owner, solid bones, and separate entrances/utilities make this a low-hassle, high-reward investment. With high rental demand and a walkable, transit-friendly location near downtown Cleveland, Ohio City, and Tremont, this property won't stay on the market long.

Location

State OH

County Cuyahoga

Community Public Transportation

Direction North

Rooms

Basement Interior Entry, Unfinished, Walk-Up Access

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air, Gas

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace No

Window Features Aluminum Frames,Double Pane Windows

Appliance Range, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup, In Basement

Exterior

Exterior Feature Awning(s)

Parking Features None, On Street

Community Features Public Transportation

Waterfront Description Lake Front

View Y/N Yes

Water Access Desc Public

View Beach, City Lights, City, Lake

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Lot Description Back Yard, Interior Lot, Lake Erie Front, Lake Front

Faces North

Story 4

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 003-10-027

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), Private Financing Available

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), Private Financing Available

Special Listing Condition Standard

Listed by Kevin Ramsammy • RE/MAX Above & Beyond • [email protected], 440-305-3104

Todd Hurd

+1(330) 338-3473

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Akron, OH

Todd Hurd

5101 Herman AVE Cleveland, OH 44102

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5101 Herman AVE