Cleveland, OH 44102,3334 W 82nd ST
Cleveland, OH 44102,3334 W 82nd ST
Cleveland, OH 44102,3334 W 82nd ST
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$244,900
Est. payment /mo
7 Beds
4 Baths
1,950 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $125

Subdivision Seidman

MLS Listing ID 5130342

Bedrooms 7

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,950

Year Built 1910

Annual Tax Amount $4,258

Tax Year 2024

Lot Size 4,586 Sqft

Acres 0.1053

Property Sub-Type Quadruplex

Property Description

Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features three 2-bedroom, 1-bath units (two of which are currently occupied at $550 and $650/month on month-to-month leases) and a one-bedroom, one-bath attic unit. The vacant 2-bedroom, one-bath unit is in the basement with a full kitchen and bathroom. Projected market rents are $1,000/month for the two occupied 2-bedroom units, $800/month for the 1-bedroom and $850/month for the vacant 2-bedroom basement unit, bringing the total projected gross annual income to $43,800. Cleveland's rental market remains strong, driven by steady demand, affordable pricing, and reliable cash flow—making this an excellent market for investors. The property has three gas meters and three electric meters; the owner currently pays utilities for the basement unit. The City of Cleveland Lead Inspection is in process for renewal, with no anticipated issues, giving new ownership a clear path to lead-free certification at closing. A rare chance to secure a high-yield, easy-to-manage multifamily asset in a growing market! *Note: Owner states that there are 4 units with 7 bedrooms and 4 bathrooms but the county auditor's website states that there are 2 units with 5 bedrooms and 3 bathrooms.

Location

State OH

County Cuyahoga

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features On Site, Off Street, Paved

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 017-33-011

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


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Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
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