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Nikki Hatfield

iamthatnikkileigh@gmail.com +1(216) 727-6329

$ 315,000

Est. payment | -/mo

9 Beds

3 Baths

3,079 SqFt

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$ 315,000

Est. payment | -/mo

Save

9 Beds

3 Baths

3,079 SqFt

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,079 sqft

Price per Sqft $102

Subdivision Diodate Clarks

MLS Listing ID 5215397

Bedrooms 9

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 3,079

Total Fin. Sqft 3079

Year Built 1910

Annual Tax Amount $6,081

Tax Year 2025

Lot Size 6,107 Sqft

Acres 0.1402

Property Sub-Type Triplex

Property Description

Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Off Street

Water Access Desc Public

Roof Type Asphalt

Garage false

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 007-33-099

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now

Listed by Tera Somogyi • Keller Williams Living • TeraSomogyi@gmail.com, 561-901-9331

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(216) 727-6329

iamthatnikkileigh@gmail.com

4285 Beverly Hills Dr, Brunswick, Ohio, 44212, USA

3122 W 30th ST Cleveland, OH 44109

Nikki Hatfield

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3122 W 30th ST