3477 Berea Road, Cleveland, OH 44111

Cleveland
Local realty services provided by:ERA Real Solutions Realty
3477 Berea Road,Cleveland, OH 44111
$224,900
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  • 7 Beds
  • 3 Baths
  • 2,994 sq. ft.
  • Multi-family
  • Activeundercontract
Listed by: kim lewis, garrett rowan
Office: home equity realty group
MLS#:5234911
Source:OH_NORMLS

Price summary

  • Price:$224,900
  • Price per sq. ft.:$75.12

About this home

Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside. Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this...

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Home facts

  • Year built:1924
  • Subdivision & Development:Lorain Villas
  • Listing ID #:5234911
  • Added:91 day(s) ago
  • Updated:November 07, 2026 at 09:39 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • Basement:Yes
  • Living area:2,994 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1924
  • Building area:2,994 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$224,900
  • Price per sq. ft.:$75.12
  • Tax amount:$4,133 (2025)

Parking

  • Parking description:Detached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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