Welcome to 5101 Herman Avenue, a unique triplex opportunity in one of Cleveland's most dynamic and fast-growing neighborhoods. This rare property features two buildings on one lot ? a front duplex with two spacious units, and a rear single-family home ? offering flexible rental configurations and strong cash flow potential. Positioned in the heart of Detroit-Shoreway, this property is surrounded by some of Cleveland's most exciting attractions. Tenants will love being just minutes from the Gordon Square Arts District, where indie theaters, art galleries, coffee shops, and breweries make it a cultural hotspot. Enjoy Edgewater Park and Lake Erie's beaches less than a 10-minute walk, perfect for summer draw and long-term tenant satisfaction. Located in an Opportunity Zone, 5101 Herman offers potential tax advantages for savvy investors, while the ongoing neighborhood development signals strong appreciation upside. Whether you're looking for long-term tenants, short-term rentals, or a house-hack setup, this triplex checks all the boxes. Recent updates, good care from a local owner, solid bones, and separate entrances/utilities make this a low-hassle, high-reward investment. With high rental demand and a walkable, transit-friendly location near downtown Cleveland, Ohio City, and Tremont, this property won't stay on the market long.

This is an Active listing.

Broker Office Phone Number: 440-842-7200

Copyright © 2025MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.