2312 W 10th Street
Cleveland, OH 44113

$550,000

Beds: 8
Baths: 4
Number of Units:
Type: Multi-Unit Residential
Listing #5169331
Tremont 5-Unit Investment Property with Strong Income Potential Outstanding opportunity to own a well-maintained five-unit multifamily property in the heart of Cleveland's highly desirable Tremont neighborhood. The property includes two buildings on one parcel, featuring three 2-bedroom units and two 1-bedroom units each with its own bath units with spacious layouts and excellent rental appeal. Four units have been recently updated with modern kitchens, renovated baths, and quality finishes, all featuring refinished original hardwood floors and central air. One unit is currently vacant and another is ready for renovation, providing immediate upside potential for investors seeking to increase overall returns. When fully leased at market rates, the property is projected to generate approximately $6,025 per month in gross rent. With two units offering near-term value-add opportunities, this investment combines steady current income with attractive growth potential. Located just steps from Lincoln Park, Tremont's restaurants, cafés, and galleries, and minutes to downtown Cleveland, this property delivers exceptional long-term appreciation and strong tenant demand. ?? Highlights: Two buildings on one parcel -- 5 total units Three 2 BR units / 1 Bath Two 1 BR units / 1 Bath 4 units updated and in excellent condition 1 fully rennovated unit vacant 1 unit ready for renovation Refinished original hardwood floors and central air Fair-market rent potential: ~$6,025/month when fully leased Prime Tremont location -- walk to Lincoln Park, restaurants, and shops
Property Features
Location Information
County: Cuyahoga
Latitude: 41.480319
Longitude: -81.687958
Subdivision: Pelton & Jennings Allotment
Directions: W 10th Street off Tremont Ave
Interior Features
Full Baths: 4
Heating: Forced Air
Cooling: Central Air
Basement Description: Common Basement
Has Basement: Yes
Exterior Features
Stories: 2
Construction/Exterior: Wood Siding
Possession: Delivery Of Deed
Water / Sewer: Public Sewer
Water: Public
Parking Description: None
Has Garage: No
Lot Size in Acres: 0.109
Buildings: 2
Has Waterfront: No
Additional Information
Roof/Attic: Asphalt
Property Type: RI
Property SubType: Quadruplex
Property SubType 2: Residential Income
Year Built: 1920
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of Plum Tree Realty, LLC 513-378-4663
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MLS Now (Yes MLS) data last updated at November 11, 2025, 12:12 PM ET