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$ 240,000
Est. payment /mo
New
3408 Riverside Cleveland, OH 44109
5 Beds
3 Baths
3,596 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,596 sqft
Price per Sqft $66
MLS Listing ID 5205627
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,422
Year Built 1890
Annual Tax Amount $2,810
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Triplex
Property Description
Attention investors—excellent opportunity on Cleveland's desirable west side! Spacious 3-family w/2-car garage & offers strong income potential or ideal owner-occupant flexibility. Perfect for multi-generational living or adding a solid asset to your portfolio. Refreshed exterior features low-maintenance vinyl siding, updated vinyl windows, updated roof, and a brand-new composite front porch—perfect for relaxing. A large driveway & expansive yard provide ample parking and outdoor space, all on a quiet, investment-friendly street w/convenient access to highways, shopping, & local attractions. Property offers three finished levels. First & second floors are spacious, light-filled 2-bedroom units w/generous living areas & large kitchens designed to attract & retain quality tenants. Third floor is a roomy 1-bedroom efficiency w/great natural light & functional layout. Separate electric meters are in place, w/water on a single meter. Full basement includes updated electrical panels, water tanks (2012), modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating excellent cash flow—estimated at approximately $3,100/month when fully occupied. Currently vacant & easy to show with immediate occupancy possible. Serious buyers only—no wholesalers or owner financing.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-19-067
Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com, 216-210-7653