About This Home

This 5-bedroom, 3-bathroom multi-family at 3264 E 117th Street in Cleveland, OH is listed for $159,900 ($54 per sqft). Built in 1920, the home offers 2,955 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1920
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
3 full
1920
Listing Description

Investors this is the opportunity you've been waiting for! If you're looking to add a performing asset to your portfolio with minimal upfront work, this property deserves your attention. The upstairs unit was recently updated prior to being leased, while the downstairs unit has been well maintained by the current tenant.

There is an opportunity to add value by updating the downstairs bathroom. The property's siding is in good condition, and the mechanical systems are functioning properly. An additional upside is the potential to complete the unfinished third unit in the upper level with the primary remaining scope being the plumbing installation.

This could also be counted as additional living space connected to the upstairs unit then making it a 3 bed 2 bath. CMHA pays up to $1,130 for a one bedroom, up to $1,367 for a 2 bedroom and up to $1,762 for a 3 bedroom in this zip code. Hot water tank ages: 2011 & 2019 The photos in the listing are of the upstairs unit.

Please text Alexis for additional videos of the downstairs unit, third floor, basement, and exterior. To respect the privacy of the tenants, in-person tours of the occupied units will be scheduled with an accepted offer. Rent roll available upon request.

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

3264 E 117th Street

Cleveland, OH 44120

Johnson Farms

Property Details

Construction

AluminumSiding VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 3264 E 117th Street is listed at $159,900 ($54/sqft). The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.13 acre lot, 2 stories.

This property is listed by Alexis Thorpe and can be reached at 2165432083.

AT

Alexis Thorpe

License 2024001586

Agent at KW Living

(216) 543-2083

Listed by KW Living · Broker phone: (440) 318-1620 · View on Broker Site

MLS# 5220846· Source: MLS Now· 80 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3264 E 117th Street, Cleveland, OH 44120

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