For Sale50d on marketHistoric · 126 yrs
8701 Lake Ave
Cleveland, OH, 44102 • Edgewater • Cuyahoga County
$199,000
-$30,000 since Mar 26, 2026
Down payment assistance available
6Beds
2Baths
0.1 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
Davis & Grombachers
Edgewater
Garage
Off Street
This home is getting attention
Listed 50 days ago · 1,158 views · 49 saves
Market activity
Demand and pricing signals for this listing
1,158 views
People checking out this listing
49 saves
Buyers have saved this home
50 days on market
Established listing
About this home
Multi Family · Built 1900 · Historic
Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail. Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at $229,000
Estimated monthly payment
Based on current rates
$1,311/month
Principal & Interest$1,046
Property Tax$199
Insurance$66
Down payment20% ($39,800)
3%50%
Est. 6.88% rate · 30yr fixed · $159,200 loan
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At a glance
Key facts and listing details
TypeTriplex, Multi Family
Year Built1900
HeatingGas
CoolingNone
ParkingGarage
Days on Zillow50 Days
Property
Home typeMulti Family
Sub-typeTriplex, Multi Family
Year built1900
Stories2
Systems
HeatingGas
CoolingNone
RoofFlat
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOff Street
Lot4,164 sqft
Location & Tax
NeighborhoodEdgewater
Annual tax$4,914
Parcel00109079
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Heating
Gas
Cooling
None
Laundry
Inside
Windows
Aluminum Frames
Exterior Features
Parking
Off Street
Construction
Vinyl Siding
Listing insights
Market data and value estimates
StatusFor Sale
Days on market50
Tax rate1.92%
On marketFeb 16, 2026
PostedFeb 16, 2026
MLS updatedMar 26, 2026
Tour days9
Views1,158
Favorites49
How are the schools in Cleveland?
3 schools rated nearby
Location
Cleveland, OH, 44102
Price history
2 events
DateEventPrice$/sqftSource
Mar 26, 2026Price Change$199,000—MLS Now
Feb 16, 2026Listed For Sale$229,000—MLS Now
Price Change$199,000
Mar 26, 2026•MLS Now
Listed For Sale$229,000
Feb 16, 2026•MLS Now
Nearby homes
Neighborhood details
Local context around this listing
Cleveland, OH • Cuyahoga County
Nearby neighborhoods
GlenvilleJeffersonKamm's CornerLee MilesMt PleasantNorth CollinwoodOld BrooklynPuritas-LongmeadSouth BroadwayWest Boulevard
Nearby cities
ClevelandCleveland HeightsEuclidGarfield HeightsLakewoodNorth OlmstedNorth RoyaltonParma
Nearby zip codes
44102441054410644108441094411144120441284413544144
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