3334 W 82nd Street, Cleveland, OH 44102
Local realty services provided by:ERA Real Solutions Realty
Listed by: tal tamir
Office: russell real estate services
MLS#:5130342
Source:OH_NORMLS
Price summary
- Price:$199,000
- Price per sq. ft.:$102.05
About this home
Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features two two-bedroom, one-bath units (both currently occupied at $550 and $650/month on month-to-month leases), a one-bedroom, one-bath attic unit, and a two-bedroom, one-bath basement unit with a full kitchen and bathroom. Projected market rents are $1,000/month for the two-bedroom units, $800/month for the one-bedroom attic and $850 per month for the basement, 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 an easy-to-manage multifamily asset with strong upside 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....
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Home facts
- Year built:1910
- Listing ID #:5130342
- Added:386 day(s) ago
- Updated:July 02, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Finished
- Living area:1,950 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1910
- Building area:1,950 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,000
- Price per sq. ft.:$102.05
- Tax amount:$4,258 (2024)
Parking
- Parking description:Paved
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