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$63,000
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Property Description
This charming triplex is a hidden gem with fantastic potential for investors looking to earn solid rental income! Featuring three separate units and a spacious basement, this property is a great canvas for those with a keen eye for opportunity. While it could use a little TLC in the cosmetic department, the foundation is rock-solid, making it a prime candidate for a quick flip or long-term rental success. Nestled in a convenient location with easy access to public transit, schools, parks, and shopping, it?s perfect for tenants seeking comfort and convenience. With a bit of love, this triplex can really shine, making it a perfect addition to any investor?s portfolio. Don't miss out on this one!
Full Property Details
Full Property Details for 1878 Colonnade Rd
General
- Sold For: $63,000
- Taxes: $1,095 (2024)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5138203
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Basement
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Berwald-Steward Cos Colonial
- Driving Directions: Head northeast on Euclid Ave toward Hillsboro Rd ? 0.2 mi Turn right onto Colonnade Rd
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Stories/Levels: 2
- Year Built: 1925
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1552
- Lot Size: .1552
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $1,095
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 10 COLHTS 0098 ALL
- Property ID: 117-12-023
Listed by Joseph Walter Realty, LLC., Scott Fader
Sold by EXP Realty, LLC., Jacob Schultz
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Schools
Schools serving 1878 Colonnade Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Euclid Park Elementary School 17914 Euclid Avenue, Cleveland, OH 44112 | PK-8 | 0.7 mi |
Collinwood High School 15210 Saint Clair Avenue, Cleveland, OH 44110 | 9-12 | 0.8 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | PK-8 | 1 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 13.7 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 3.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 1.1 mi |
Ginn Academy 655 East 162nd Street, Cleveland, OH 44110 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1878 Colonnade Rd
Date
Details
Price
Change
Source
8/07/2025
Sold
$63,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1878 Colonnade Road, Loveland, OH 44112 (MLS# 5138203) is a Triplex property that was sold at $63,000 on August 07, 2025. Want to learn more about 1878 Colonnade Road? 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.

