← 1278 E 187th St, Cleveland, OH 44110 · All properties

DESCRIPTION-FULL-2026-04-12 - 1278 E 187th St, Cleveland, OH 44110.md

This page is a searchable text preview. Use the Dropbox link for the full original file.

Open full file in Dropbox

Property1278 E 187th St, Cleveland, OH 44110
FolderREADME & Property Snapshot
KindText
Updated2026-04-30
Dropbox path00 - README & Property Snapshot/DESCRIPTION-FULL-2026-04-12 - 1278 E 187th St, Cleveland, OH 44110.md

What This File Appears To Be

Property originally listed for sale on the marketplace by *Julius Patrick Industries LLC*. [Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties sell their properties on the Lofty Marketplace. --- 3-Unit property (Triplex) located in Cleveland, Ohio. ## Details - All 3 units were fully renovated in 2009 - Unit 2 was fully renovated again in 2019, with new mechanicals also installed - Modern electrical panels and new electri

Text Preview

Property originally listed for sale on the marketplace by *Julius Patrick Industries LLC*.

[Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties sell their properties on the Lofty Marketplace.

---

3-Unit property (Triplex) located in Cleveland, Ohio.

## Details
- All 3 units were fully renovated in 2009
- Unit 2 was fully renovated again in 2019, with new mechanicals also installed
- Modern electrical panels and new electrical fixtures throughout
- One hot water tank is from 2019 and the other two are less than 10 years old
- All furnaces are from 2009.

## Property Management and Insurance
- Managed by ECO Systems LLC
- [Insurance Policy](https://www.dropbox.com/scl/fi/pzwl0zdlb4mhywynd83h2/1456-W-85TH-ST-EOI-RiskSecure-20260128.pdf?rlkey=wpa8dc1a4pm9plr2l73e1sfda&dl=0) from [Obie](https://www.obieinsurance.com/)

## Occupancy Status
- **Unit 1**
    - 1 year lease (10/1/2025 - 09/30/2026)
    - $834.75/month + $25/month Pet Rent
    - $834.75 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/u7oq6byr0h8y27h286s37/Lease_MFH_8-14-25_-1_Redacted-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=ilqt28fc1yuflrskdsb3wdssw&dl=0)
- **Unit 2** 
    - 6-month lease (03/01/2026 - 08/31/2026)
    - $995/month
    - $995 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/t1xaanu07rcapjeyz316t/Lease_MFH_1-05-26_-2_Redacted-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=c7wvcmkh41rnj59qcnt1y6u9s&dl=0)
- **Unit 3**
    - Lease Renewal (07-30-2025 - month-to-month)
    - $936.09/month
    - $1,490 Security Deposit
    - [Lease Renewal Agreement](https://www.dropbox.com/scl/fi/zmj292m4m898sdmjfv1ut/Lease_MFH_7-30-25_-3_Redacted-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=fcuz5x9l4hq5yd6sz4cfo2p9e&dl=0)

## Location Data
- 1/5 Neighborhood Rating on [Roofstock](https://www.roofstock.com/get-neighborhood-rating)
- "B-" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/44102/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/lduzxxzcpwn5qlcg2flaf/Property-Valuation-Reports-May-2024-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=3f4m148brxci5n9hmd42m1jm5&st=qcror2jp&dl=0) (HouseCanary valuations are less accurate for 2+ Unit properties, like this property)
- [Inspection Report](https://www.dropbox.com/s/lqz8ybjhq5gme1d/Inspection%20Report%20-%20Lofty%20Holding%201456%20W%2085th%20Street%20LLC.pdf?dl=0)
- [Inspection Report Repairs](https://www.dropbox.com/s/a94bk3p1cvkzzzr/Inspection%20Report%20Completed%20Repairs%20-%20Lofty%20Holding%201456%20W%2085th%20Street%20LLC.pdf?dl=0)
- [Purchase Agreement](https://www.dropbox.com/s/qhcd28lbfd5ookl/Purchase%20and%20Sale%20Agreement%20-%20Lofty%20Holding%201456%20W%2085th%20Street%20LLC.pdf?dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/xlma3dzi6oo5xt6mt8a21/DAO-Operating-Agreement-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=74brktelleg2fj3gn35hehivd&dl=0)
- [Closing Statement](https://www.dropbox.com/s/zcav7sbktzkq4p1/Closing%20Documents%20-%20Lofty%20Holding%201456%20W%2085th%20St%20LLC.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/1wkdjidk16bq47k/AABGGh5FQwuQoF5hyZZdb32Na?dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01FM632J5ZX33231WGAPBAQW67)

---
*Extracted from Lofty.ai public listing page on 2026-04-04 via curl.*