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About This Home
This 9-bedroom, 3-bathroom residential multi family at 3122 W 30th Street in Cleveland, OH is listed for $315,000 ($102 per sqft). Built in 1910, the home offers 3,079 sqft of living space on a 0.14 acres lot.
Fully occupied and income-producing, this versatile multi-family asset in Cleveland's Clark-Fulton neighborhood offers immediate cash flow with future value-add potential. The property features three occupied units generating a combined $3,600 per month in rental income.
The front lower unit offers 3 bedrooms and 1 bathroom and is currently leased for $1,000 per month. The detached rear house is occupied and rented for $1,500 per month, providing strong, stable income. The upper unit is a 1-bedroom, 1-bathroom apartment leased to a CMHA tenant at $1,100 per month, delivering reliable, subsidized rental revenue.
Located in a well-established urban neighborhood, the property benefits from convenient access to downtown Cleveland, major transportation corridors, employment centers, shopping, dining, and everyday amenities. This is an excellent opportunity for investors seeking a stabilized asset with strong in-place income and long-term upside potential.
Key Features
- Built in 1910
- 0.14 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3122 W 30th Street
Cleveland, OH 44109
Diodate Clarks
Property Details
Construction
Parking
Heating
Questions & Answers
This 9-bedroom, 3-bathroom residential multi family at 3122 W 30th Street is listed at $315,000 ($102/sqft). The estimated monthly payment is $1,365 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.14 acre lot, 2 stories.
This property is listed by Tera Somogyi and can be reached at 5619019331 or TeraSomogyi@gmail.com.
