3429 Martin Luther King Jr Drive, Cleveland, OH 44104

Attention investors and owner-occupants. This fully renovated multifamily delivers strong projected income with rents of $1,468 + $1,468 + $937, giving you $3,873 per month once leased. With an estimated NOI of around $30,000 and an approximate 11% cap rate, the numbers speak for themselves. Completely updated in 2025, this property offers true turnkey living with new kitchens, updated bathrooms, fresh flooring, neutral paint, and solid mechanical upgrades. The home features new electrical, new plumbing, new vinyl windows, new water tanks, a new roof, and new HVAC, providing reliable performance for years ahead. Each unit offers spacious layouts, generous bedroom sizes, and clean finishes that attract quality tenants. The third level bonus unit, equipped with its own kitchen and bathroom, adds an additional income stream to maximize profitability. The property is CMHA compliant, with all required inspections completed, ideal for investors seeking dependable tenant demand and … read more …