Discover a versatile investment opportunity in the heart of Cleveland’s Little Italy! This updated triplex features three units, each with two bedrooms and one full bath, offering the flexibility to rent all three or live in one while renting the other two. Each unit has its own private porch or balcony, providing an inviting spot for morning coffee or relaxing evenings. Wood floors grace many of the living spaces and bedrooms, while classic architectural details add character and charm throughout. Updated kitchens and bathrooms—including heated bathroom floors in units #2 and #3—offer everyday comfort. Extensive electrical updates completed in 2020 include new wiring throughout the entire home, all new outlets and fixtures, a new service entry, and four new electrical panels with 200-amp service. Additional improvements in 2023 include high-efficiency furnaces, central air in every unit, and electric water heaters. The upper unit features private laundry, while the shared basement provides additional laundry facilities and storage. A private backyard, off-street parking, and a two-car garage round out the property’s amenities. Conveniently located near Case Western Reserve University, University Hospitals, Cleveland Clinic, University Circle, and Cleveland’s renowned museums, this property places restaurants, entertainment, parks, and cultural attractions close at hand. A great opportunity to enjoy this historic neighborhood while building rental income!
Multi-familyProperty Type
1900Year Built
4,007 sq ftLot Size
$228Price/Sq.Ft.
2 car garageParking
Listed by Christopher Wertz• Keller Williams Greater Metropolitan
Little Italy, located between University Circle and Cleveland Heights, is a historic and walkable Cleveland neighborhood with brick-lined side streets and a restaurant-row streetscape. The neighborhood’s character concentrates along Mayfield Road at Murray Hill Road, where patios, bakeries, galleries, and espresso bars cluster under string lights. Presti’s Bakery, Mama Santa’s, and the Cleveland Museum of Art anchor local routines and traditions. Early-1900s storefronts and compact homes sit close to the sidewalk, giving the blocks a tight, urban rhythm. A short climb leads to Lake View Cemetery’s winding drives and monumental stonework. RTA’s Little Italy–University Circle station ties the district to campus museums and downtown commutes.
Provided by Walk Score and Local Logic
Offer insights
1939 Coltman Rd · $524,900
$527K and above
75% chance or better to win
Why $527K+ is a strong offer
DAYS ON MARKET
23 days
The average home goes pending in 38 days.
SALE-TO-LIST
96.2%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full unfinished common basement with concrete flooring, storage space, and interior and exterior entrances
Bathrooms
3 full bathrooms
Kitchen
Dishwasher, microwave, range, refrigerator
Laundry & utility
Common-area laundry in the basement
Washer and dryer
Heating & cooling
Gas forced-air heating
Central air conditioning
Home design
Faces west
Parking
Detached garage with 2 spaces
Paved parking
Construction
Aluminum and vinyl siding
Asphalt and fiberglass roof
Utilities
Public water
Public sewer
HOA & community
Community features include medical services, a playground, a park, and shopping
Financial info
Owner pays for sewer, trash collection, and water
Tenant pays for cable TV, electricity, gas, and heat
Electricity and solar
View estimated energy costs and solar savings for this home
Fully-occupied 3-family in Little Italy, $2300/mo gross rents. Two 2-bedroom units and one 3-bedroom. Includes off-street parking! Other features: private back yard, spacious front balconies, modern furnaces, separately-metered gas and electric, vinyl siding for years of worry-free maintenance, basement laundry. Great location, close to University Circle, Case Western, Cleveland Clinic, and downtown Cleveland. Just seconds to all that the Murray Hill neighborhood has to offer: restaurants, art galleries, and bakeries. At least one unit will be vacant this summer--live in one unit and rent the others.
Public Records
Aug 19, 2005
Sold
$90,000
$39/sq ft
Public Records
Jul 2, 1987
Sold
$36,000
$16/sq ft
Public Records
Aug 1, 1978
Sold
$25,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,752
$19,110 + $82,740
$101,850
2024
$6,749 (+9.7%)
$19,110 + $82,740
$101,850
2023
$6,151 (+0.6%)
$15,540 + $64,610
$80,150
2022
$6,116 (+1.0%)
$15,540 + $64,610
$80,150
2021
$6,057 (+63.4%)
$15,540 + $64,610
$80,150
2020
$3,707 (+6.6%)
$14,140 + $28,350
$42,490
2019
$3,476 (+0.3%)
$14,140 + $28,350
$42,490
2018
$3,465 (+85.0%)
$14,140 + $28,350
$42,490
2017
$1,874 (+0.8%)
$11,660 + $10,500
$22,160
2016
$1,859
$11,660 + $10,500
$22,160
2015
$1,858 (+22.2%)
$11,660 + $10,500
$22,160
2014
$1,521
$9,560 + $8,610
$18,170
Public record
Public record
Permits
Beds
5
Baths
3
Stories
2.5
Lot width
40 ft.
Lot depth
100 ft.
Lot size
4,000 Sq. Ft.
Year renovated
1952
Finished Sq. Ft.
2,302
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,302
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
12030044
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 12, 2026.
Feb 24, 2020 • Final
Res electrical
Rewire a single-family home and install new tenant electrical panels, a riser, and grounding.
Electrical
Nov 30, 2006 • Final
Residential exterior alterations
Perform exterior alterations to a residential building with three units. Apply new siding according to landmarks approval and remove all construction debris.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44106
Average low and high temperatures (°F)
30
18
36
23
54
35
63
44
66
52
78
64
83
70
78
65
75
58
65
51
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1939 Coltman Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $305,000 and $580,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $580K.