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$399,900 Just Listed
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Property Description
Well-maintained and reliable 3-Unit investment property in an incredible location in the heart of University Circle, just steps from Case Western Reserve University, University Hospital, Cleveland Clinic, Little Italy, Cleveland Institute of Music, Cleveland Institute of Art, local restaurants, shopping, and many other local attractions. The property features a 2-car detached garage, driveway, off-street parking, and laundry on site in the shared basement. The 1st-floor and 2nd-floor units are identical and include 2 bedrooms, eat-in kitchen, living room, dining room, and 1 full bath. The 3rd-floor includes a kitchenette, bedroom, and a full bath. Ideal property for an investor or owner-occupant!
Full Property Details
Full Property Details for 1627 E 118th St
General
- Price: $399,900
- Taxes: $6,424 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5193297
- Updated: 3/18/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 11
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: F W Smiths Allotment
- Driving Directions: Euclid Ave to E 118th St
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Slate
- Stories/Levels: 3
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .13
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $6,424
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 396 SMITH 0048 ALL
- Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
- Property ID: 120-24-010
Listed by Engel & Völkers Distinct, Adam T Zimmerman
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Schools
Schools serving 1627 E 118th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.5 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 1.2 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 1.4 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 10.9 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 0.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 1.5 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1627 E 118th St
Date
Details
Price
Change
Source
3/18/2026
Listed
$399,900
58.69%
MLS
6/08/2020
Sold
$252,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1627 E 118th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,421
—
$97,200
10%
2023
$6,421
-4%
$88,200
—
2022
$6,710
1%
$88,200
—
2021
$6,644
139%
$88,200
180%
2020
$2,782
8%
$31,500
—
2019
$2,577
—
$31,500
—
2018
$2,569
27%
$31,500
32%
2017
$2,025
1%
$23,950
—
2016
$2,010
—
$23,950
—
2015
$2,008
22%
$23,950
22%
2014
$1,644
1%
$19,640
—
2013
$1,626
—
$19,640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1627 E 118th St
1627 E 118th Street, Loveland, OH 44106 (MLS# 5193297) is a Triplex property with 5 bedrooms and 3 full bathrooms. 1627 E 118th Street is currently listed for $399,900 and was received on March 18, 2026. Want to learn more about 1627 E 118th Street? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

