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About This Home
This 7-bedroom, 3-bathroom residential multi family at 3408 Riverside Avenue in Cleveland, OH is listed for $229,000 ($64 per sqft). Built in 1890, the home offers 3,596 sqft of living space on a 0.18 acres lot.
Attention investors-excellent opportunity on Cleveland's desirable west side! Situated on a quiet residential street, this spacious 3-family property offers strong income potential, owner-occupant flexibility, or ideal multi-generational living. Set on an extra-wide 64x130 lot, this is a rare chance to add a solid asset to your portfolio.
Refreshed exterior features newer low-maintenance vinyl siding, vinyl windows, newer roof, plus a beautiful composite front porch perfect for relaxing. A large driveway for ample parking, 2-car garage, expansive yard (64x130 lot) provide ample parking and outdoor space.
Conveniently located near highways, shopping, dining, and local attractions. Property offers three finished levels. The first and second floor units are spacious, light-filled 3-bedroom layouts w/generous living areas & large kitchens designed to attract/retain quality tenants.
Third-floor unit is a roomy/comfortable 1-bedroom efficiency w/great natural light & functional floor plan. Separate electric meters are already in place, with water on a single meter. Full basement includes updated electrical panels, water tanks (2012), and modern furnaces (ages unknown).
With some interior cosmetic updates, this property has the potential to become a true standout while generating impressive cash flow-estimated at approximately $3,100 per month when fully occupied. Currently vacant with immediate occupancy possible and easy to show. Serious qualified buyers only. No wholesalers or owner financing.
Key Features
- Built in 1890
- 0.18 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$1,225/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3408 Riverside Avenue
Cleveland, OH 44109
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 3408 Riverside Avenue is listed at $229,000 ($64/sqft). The estimated monthly payment is $992 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.18 acre lot, 3 stories.
This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.








