35
See all 35 photos
$249,500
Est. payment /mo
4 Beds
4 Baths
6,368 Sqft Lot
New
3521 W 58th ST Cleveland, OH 44102
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Schneiders Allotment
MLS Listing ID 5234490
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1910
Annual Tax Amount $6,028
Tax Year 2025
Lot Size 6,368 Sqft
Acres 0.1462
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Fully occupied, cash-flowing four-unit on Cleveland's west side — a rare combination of stable day-one income and real, near-term upside!
All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available.
Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts.
Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite.
Rent roll and utility expenses available upon request. Please do not disturb tenants — showings by appointment with accepted offer contingent on inspection.
All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available.
Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts.
Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite.
Rent roll and utility expenses available upon request. Please do not disturb tenants — showings by appointment with accepted offer contingent on inspection.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Gas
Fireplace No
Exterior
Parking Features Asphalt
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-17-091
Special Listing Condition Standard
Listed by Michael Orlando • Key Realty • mjorlando1994@gmail.com, 216-956-1884
NEARBY SCHOOL & BUSINESS
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Emily Shortall
Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886