Rhonda Albaugh
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Listed By
Agency Name: Howard Hanna
Agency Contact: susanwindle@howardhanna.com, 216-403-5328
Shown By
Agent Name: Rhonda Albaugh
Agent Phone: (330) 323-3804
Agency Title: Cutler Real Estate
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Property Description
Live in Ohio City while your tenants help pay the mortgage. Welcome to this beautifully updated triplex in one of Cleveland's most vibrant and walkable neighborhoods - an exceptional opportunity for both owner-occupants and investors. Whether you're looking to offset your monthly costs or generate rental income, this property offers the perfect blend of lifestyle, flexibility, and opportunity. The front home is a stunning, fully updated 2-bedroom, 2-bath residence. Flooded with natural light and skylights, the home offers a spacious living room, an inviting dining area, and a flexible first-floor bedroom or office. A full bath on the main level adds convenience while sliding doors off the living room open to a private, fenced-in yard complete with a deck and native pollinator garden?perfect for entertaining or relaxing. Upstairs, enjoy a true owner's retreat with an ensuite bath & sitting area. Behind the main home sits a duplex featuring two 1-bedroom, 1-bath units-ideal for generating consistent rental income. Both units are currently leased at $1,200/month thru August 2026, providing immediate, stable cash flow. Each unit has been thoughtfully updated with modern finishes, refreshed kitchens and baths, and abundant natural light. Tenants share access to basement laundry and storage. Extensive improvements include newer furnace, central air, updated appliances, refinished flooring, fencing, deck, and numerous interior and exterior updates throughout. The property also benefits from a 15-year Green Tax Abatement through 2041, significantly reducing property taxes and enhancing long-term affordability. Located just steps from Ohio City's most popular destinations including West Side Market, Hingetown, Gordon Square & countless restaurants, breweries, and coffee shops- enjoy walkability and quick access to downtown Cleveland. Turnkey, income-producing, and ideally located?this is a rare opportunity in one of Cleveland's most sought-after neighborhoods
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Other, Partial
Cooling: Central Air
Days on Market: 3
Garage: 3
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,530 / year
Year Built: 1900
Amenities
Beamed Ceilings
Ceiling Fan(s)
Crown Molding
High Ceilings
Primary Downstairs
Private Yard
Feature Descriptions
Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Exterior: Frame, Wood Siding
Fencing: Fenced
Laundry: Laundry Room
Parcel#: 002-35-169
Parking: Additional Parking, Common, Driveway, Detached, Garage, Off Street
Security: Smoke Detector(s)
Sewer: Public Sewer
View: City
Water: Public
Window: Blinds, Screens, Skylight(s), Window Coverings, Window Treatments
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 2,976.06 per month $2,536.36 Principal & Interest $294.17 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
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4807 Bridge Avenue | MLS# 5199790
This multi-family property located at 4807 Bridge Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $499,000. Bridge Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on ralbaugh.cutlerhomes.com today.