3334 W 82nd ST, Cleveland, OH 44102
3334 W 82nd ST, Cleveland, OH 44102
3334 W 82nd ST, Cleveland, OH 44102
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$199,000
Est. payment /mo
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7 Beds
4 Baths
1,950 SqFt
Active

3334 W 82nd ST Cleveland, OH 44102

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Emily Shortall

Emily Shortall

+1(740) 994-5131

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $102

Subdivision Seidman

MLS Listing ID 5130342

Bedrooms 7

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,950

Year Built 1910

Annual Tax Amount $4,258

Tax Year 2024

Lot Size 4,586 Sqft

Acres 0.1053

Property Sub-Type Quadruplex

Stories Three Or More

Story Three Or More

Property Description

Four-unit investment property on Cleveland's west side offered at just $49,750/door, currently generating $17,815 in annual NOI at an 8.95% cap rate. Three of the four units are now occupied, including the basement unit recently leased at $700/month, leaving just the top unit to fill and meaningful upside as it leases. Built in 1910, this well-constructed multi-family sits in the 44102 zip code with easy access to I-90, I-71, and I-480, making it a consistently rentable location for Cleveland's west-side workforce. The proforma tells the better story: fully leased at market rents, NOI climbs to $24,900 and the cap rate reaches 12.51%. Go-and-show for qualified buyers.

Location

State OH

County Cuyahoga

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features On Site, Off Street, Paved

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 017-33-011

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

NEARBY SCHOOL & BUSINESS

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Emily Shortall

Emily Shortall

Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886

+1(740) 994-5131

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