$155,000
Original price: $160,000
- 5 Beds
- 3 Baths
- 3,970 sqft
1382 E 188th St, Cleveland, OH 44110
Est. Mortgage $1,152/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1962
$39/sqft
Garage
Local Information
-- mins to
About this House
Great investment opportunity with immediate cash flow! This fully occupied triplex offers three income-producing units plus additional garage rental income, making it an excellent addition to any investment portfolio. The property features two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with strong rental demand. Current rents are $950/month for the first 2-bedroom unit, $675/month for the 1-bedroom unit, and $590/month for the second 2-bedroom unit, which is occupied by a long-term tenant paying below-market rent. The detached garage generates an additional $125/month as storage rental, creating multiple income streams with upside potential through future rent adjustments.
The property offers separate living spaces with functional layouts, updated bathrooms in select units, spacious kitchens, hardwood flooring, and classic architectural charm. Tenants also enjoy large covered front porches, ample yard space, and off-street parking with a detached garage. Separate utility meters further enhance the property's investment appeal. Conveniently located on Cleveland's east side near shopping, dining, schools, parks, public transportation, and major highways, this is a turnkey opportunity for investors seeking stable rental income today with room to increase future returns. Whether you're expanding your portfolio or purchasing your first multifamily investment, this fully occupied triplex delivers immediate income and long-term potential.
The property offers separate living spaces with functional layouts, updated bathrooms in select units, spacious kitchens, hardwood flooring, and classic architectural charm. Tenants also enjoy large covered front porches, ample yard space, and off-street parking with a detached garage. Separate utility meters further enhance the property's investment appeal. Conveniently located on Cleveland's east side near shopping, dining, schools, parks, public transportation, and major highways, this is a turnkey opportunity for investors seeking stable rental income today with room to increase future returns. Whether you're expanding your portfolio or purchasing your first multifamily investment, this fully occupied triplex delivers immediate income and long-term potential.
Last check for updates: about 16 hours ago
Listing Provided by: Mark A McGuire, (216) 712-8382
Parkview Realty Group Ltd
Originating MLS: Akron Cleveland Association of REALTORS
Source: MLS Now, MLS#5222074

Also Listed on MLS Now.
Home Details for 1382 E 188th St
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MLS Status: Active |
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Interior Details Basement: FullNumber of Rooms: 13 |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3970 Square Feet |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling Heating: Forced Air,GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or More |
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Exterior Home Features Roof: Asphalt FiberglassNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Garage,Unpaved |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2838 Square FeetFinished Area (below surface): 1132 Square Feet |
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Cumulative Days on Market: 39Days on Market: 61 |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family |
Building Construction Materials: Wood SidingDoes Not Include Home Warranty |
Property Information Parcel Number: 11632049 |
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Price List Price: $155,000Price Per Sqft: $39 |
Status Change & Dates Possession Timing: Negotiable |
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Direction & Address City: ClevelandCommunity: C M Mixs |
School Information Elementary School District: Cleveland Municipal - 1809Jr High / Middle School District: Cleveland Municipal - 1809High School District: Cleveland Municipal - 1809 |
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Listing Agent Listing ID: 5222074 |
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Building Area Building Area: 3970 Square Feet |
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Association for this Listing: Akron Cleveland Association of REALTORS |
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Lot Area: 6721.308 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 5222074Living Area Range Units: Square FeetAttribution Contact: markmcguire@parkviewrg.com, 216-712-8382Above Grade Unfinished Area: 2838 |
Around this home
What Locals Say about South Collinwood
At least 108 Trulia users voted on each feature.
93 % Say there are sidewalks
82 % Say yards are well-kept
76 % Say it's dog friendly
74 % Say car is needed
72 % Say parking is easy
66 % Say kids play outside
57 % Say streets are well-lit
57 % Say there's wildlife
55 % Say it's walkable to grocery stores
53 % Say it's walkable to restaurants
52 % Say there's holiday spirit
47 % Say neighbors are friendly
37 % Say they plan to stay for at least 5 years
35 % Say it's quiet
32 % Say there are community events
26 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
Market trends in Cleveland
Last updated August 2026
Avg. sale price
$125K
$5.17KMoM
Sale-to-List Price
99.5%
Price per sq ft
$93
$1MoM
Available listings
1351
5MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $270,000 | 12/19/25 | 8 | 4 | 5,589 | |
0.43 | Multi-Family Home | $169,900 | 03/20/26 | 5 | 2 | 1,986 | |
0.90 | Multi-Family Home | $60,000 | 03/13/26 | 6 | 3 | 3,902 | |
0.64 | Multi-Family Home | $88,000 | 09/11/26 | 4 | 2 | 2,572 | |
0.19 | Multi-Family Home | $184,000 | 05/04/26 | 5 | 3 | - | |
0.75 | Multi-Family Home | $90,000 | 09/16/26 | 4 | 2 | 2,032 | |
0.60 | Multi-Family Home | $150,000 | 01/14/26 | 6 | 2 | 2,178 | |
0.71 | Multi-Family Home | $160,800 | 07/14/26 | 4 | 2 | 2,700 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $65,600 | 3 | 1 | 1,056 | Off Market | |
0.01 | $90,800 | 3 | 1 | 910 | Off Market | |
0.03 | $149,900 | 4 | 2 | 1,410 | Off Market | |
0.07 | $110,200 | 5 | 2 | 1,955 | Off Market | |
0.07 | $109,000 | 3 | 1.5 | 1,190 | Recently Sold | |
0.09 | $109,900 | 4 | 1 | 1,170 | For Sale | |
0.09 | $90,900 | 3 | 1 | 910 | For Sale | |
0.14 | $93,100 | 3 | 1 | - | Off Market | |
0.12 | $140,400 | 6 | 2 | - | Off Market | |
0.16 | $103,000 | 2 | 1 | - | Recently Sold | |
0.12 | $107,500 | 3 | 1 | 1,073 | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 26, 2026 Source: MLS Now #5222074 | PriceChange | $155,000 Price decreased by 3% |
Jul 18, 2026 Source: MLS Now #5222074 | Listed For Sale | $160,000 |
Jul 25, 2023 Source: MLS Now #4431701 | ListingRemoved | |
Feb 23, 2023 Source: MLS Now #4431701 | Listed For Sale | $137,500 |
Aug 23, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Jul 24, 2022 Source: Zillow Rental Manager | Listed For Rent | $850 |
Feb 22, 2021 Source: N/A | Sold | $78,000 |
Jan 16, 2021 Source: MLS Now #4249262 | Pending | $72,000 |
Jan 12, 2021 Source: Agent Provided | Listed For Sale | $72,000 |
Aug 10, 2020 Source: MLS Now #4200759 | Sold | $67,500 |
Jul 14, 2020 Source: Agent Provided | Pending | $60,000 |
Jun 27, 2020 Source: Agent Provided | Listed For Sale | $60,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,874 | $80,000 |
Home facts updated by county records
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Mark A McGuire, Parkview Realty Group Ltd
Agent Phone: (216) 712-8382

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
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Frequently asked questions about 1382 E 188th St
- What is the estimated monthly payment for 1382 E 188th St?Based on a $155,000 list price with 20% down at today's rates, the estimated monthly payment for 1382 E 188th St in Cleveland, OH is approximately $1,168 (about $845 principal & interest, $248 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1382 E 188th St compare to homes in Cleveland?1382 E 188th St in Cleveland, OH is listed at $155,000, about 24% above the $125K median sale price in Cleveland.
- What do residents say about the South Collinwood neighborhood?Residents describe the South Collinwood neighborhood in Cleveland, OH as pedestrian-friendly, well-kept, and dog-friendly. See homes for sale in South Collinwood, Cleveland.
- What are the closest schools to 1382 E 188th St?The closest schools to 1382 E 188th St in Cleveland, OH are Alfred A. Benesch School (Elementary/Middle, rated 3/10), Bard Early College Cleveland (High, rated 8/10), Benjamin Franklin School (Pre-K/Elementary/Middle, rated 4/10).
- Does 1382 E 188th St have laundry facilities?Yes, 1382 E 188th St in Cleveland, OH has laundry facilities.
1382 E 188th St, Cleveland, OH 44110 is a 5 bedroom, 3 bathroom, 3,970 sqft multi-family built in 1962. 1382 E 188th St is located in South Collinwood, Cleveland. This property is currently available for sale and was listed by MLS Now on Jul 18, 2026. The MLS # for this home is MLS# 5222074.

