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$470,000
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Property Description
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
Full Property Details
Full Property Details for 2312 W 10th St
General
- Sold For: $470,000
- Taxes: $9,831 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5169331
- Added to Site: 148 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: None
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Pelton & Jennings Allotment
- Driving Directions: W 10th Street off Tremont Ave
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
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 2
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Common Basement
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 3,536
- Living Area: 3,536 Sq. Ft.
- Finished Above Grnd: 3,536 Sq. Ft.
- Year Built: 1920
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.1091
- Lot Size: .1091
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $9,831
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 87 P&J 0223 NP
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 004-12-014
Listed by Plum Tree Realty, LLC, Robert F Collett
Sold by RE/MAX Above & Beyond, Michelle A Fenn
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Schools
Schools serving 2312 W 10th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Tremont Montessori School 2409 West 10th Street, Cleveland, OH 44113 | PK-8 | 0.1 mi |
Scranton School 1991 Barber Avenue, Cleveland, OH 44113 | PK-8 | 0.6 mi |
Luis Munoz Marin School 1701 Castle Avenue, Cleveland, OH 44113 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 5.9 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 1.2 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 1.5 mi |
Davis Aerospace & Maritime High School 1440 Lakeside Avenue East, Cleveland, OH 44114 | 9-12 | 1.9 mi |
Paul L Dunbar Elementary School @ Kentucky 2159 West 29th Street, Cleveland, OH 44113 | PK-8 | 0.8 mi |
Buhrer 1600 Buhrer Avenue, Cleveland, OH 44109 | PK-8 | 0.9 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 2312 W 10th St
Date
Details
Price
Change
Source
1/26/2026
Sold
$470,000
-14.55%
MLS
11/06/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2312 W 10th Street, Loveland, OH 44113 (MLS# 5169331) is a Multi-Family property that was sold at $470,000 on January 26, 2026. Want to learn more about 2312 W 10th Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

