Fully occupied and income-producing, this versatile multi-family asset in Cleveland's Clark-Fulton neighborhood offers immediate cash flow with future value-add potential. The property features three occupied units generating a combined $3,600 per month in rental income. The front lower unit offers 3 bedrooms and 1 bathroom and is currently leased for $1,000 per month. The detached rear house is occupied and rented for $1,500 per month, providing strong, stable income. The upper unit is a 1-bedroom, 1-bathroom apartment leased to a CMHA tenant at $1,100 per month, delivering reliable, subsidized rental revenue. Located in a well-established urban neighborhood, the property benefits from convenient access to downtown Cleveland, major transportation corridors, employment centers, shopping, dining, and everyday amenities. This is an excellent opportunity for investors seeking a stabilized asset with strong in-place income and long-term upside potential.
Listed By
Agency Name: Keller Williams Living
Agency Contact: TeraSomogyi@gmail.com, 561-901-9331
Shown By
Agent Name: Melanie Maltese
Agent Phone: (330) 904-2526
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 1,990.18 per month $1,391.55 Principal & Interest $506.75 Property Tax $91.88 Homeowner's Insurance
3122 W 30th Street | MLS# 5215397
This multi-family property located at 3122 W 30th Street , Cleveland, OH 44109 is currently listed for sale with an asking price of $315,000. W 30th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on melmaltese.dehoff.com today.