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About this home
Fully leased triplex just steps from the Cedar-Lee district in one of Cleveland Heights' most walkable neighborhoods! All three units are occupied and bringing in $3,075/mo ($36,900/yr) in gross rent: $1,250 each on the 1st and 2nd floors and $575 on the 3rd floor. The 1st and 2nd floor units are spacious 2-bedroom flats with refinished hardwood floors, decorative fireplaces, formal living and dining rooms, tons of natural light, and plenty of kitchen cabinet space. The 3rd-floor 1-bedroom unit is home to a long-term tenant. Each unit has its own full bath. Big-ticket items have been addressed: both water heaters approx. 4-5 years old, an updated furnace, and a newer detached 2-car garage. Full basement with laundry, a large covered front porch, and a covered upper-level porch. Shops, restaurants, coffee houses, Heights High, and the Lee Road library are all a short walk away. Turn-key income from day one, with the option to house-hack a unit as leases turn over. A great fit for investors building a portfolio or buyers who want rent helping cover the mortgage. 3D tour available!
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Around this home
Schools
K - 12
Preschool & daycare
Fairfax Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Roxboro Middle School
Public 6-8 • Assigned • 1.2mi
6/10
Cleveland Heights High School
Public 9-12 • Assigned • 0.4mi
6/10
Provided by GreatSchools
About Cedar
Lee
Cedar Lee, located between Cedar Road and Lee Road, is a walkable and arts-forward Cleveland Heights neighborhood with a classic cinema marquee and a compact, storefront-lined main drag. The neighborhood’s character concentrates at the Cedar Road and Lee Road intersection, where sidewalk patios, indie shops, and late-night marquees set the tempo. Cedar Lee Theatre anchors the district with repertory screenings, while Dobama Theatre keeps the calendar busy with intimate stage work. Brick apartment buildings and early-20th-century houses frame short blocks that lead toward Cain Park’s green slopes. Coffee counters, bakeries, and small restaurants keep the streets active from morning through evening.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full unfinished basement
Bathrooms
1 full bathroom
Laundry & utility
Laundry in basement
Heating & cooling
Forced-air heating
Window-unit cooling
Parking
Detached garage
2 garage spaces
Construction
Asphalt roof
Wood siding
Utilities
Public water
Public sewer
Financial info
Gross income of $3,100
Electricity and solar
View estimated energy costs and solar savings for this home
Cleveland Heights is a City primarily consisting of single-family residences, most of which are owner-occupied. Single-family residences are extremely sensitive to adverse effects from other land uses and require high standards for occupancy and use of the principal building as well as location and use of accessory buildings if these areas are to be maintained and to continue to be good places in which to live. In addition, certain parts of Cleveland Heights have been developed primarily with two-family residences having a similar character to the single-family districts, and it is appropriate that there be a zoning district for this distinctive use. Single-family and two- family district regulations are established to achieve the following particular objectives: (a) The AA Single-Family District is established to provide for single-family residential uses with a minimum lot size of 15,000 square feet, compatible with the existing larger lot developments in areas so defined, as a means of preserving the unique character of these areas.;(b) The A Single-Family District is established to provide for single-family residential uses on smaller lots with a minimum of 7500 square feet.; (c) The B Two-Family District is established to permit single-family units on lots with a minimum of 7,500 square feet and two-family residential uses with a minimum lot size of 10000 square feet.; (d) To encourage as a conditional use flexible residential development to promote creative and efficient use of land through unified development.;(e) To regulate the location and lot coverage of accessory uses, buildings and structures so as to permit such uses to be established and maintained in a manner which makes them compatible with the existing residential neighborhoods.; (f) To encourage sustainable development and practices in residential neighborhoods.
Nov 2, 2006 • Final
Migrated
Work on a sidewalk.
Grading
May 9, 2002 • Final
Migrated
Construct a new garage.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland Heights, OH • 44118
Average low and high temperatures (°F)
28
16
36
22
54
34
63
43
66
50
79
63
84
68
79
62
76
56
65
48
50
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3141 Kensington Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $190,000 and $310,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $190K to $310K.