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About This Home
This 7-bedroom, 3-bathroom residential multi family at 3455 E 142nd Street in Cleveland, OH is listed for $120,000 ($41 per sqft). Built in 1925, the home offers 2,934 sqft of living space on a 0.14 acres lot.
This fully rehabbed duplex is a perfect investment opportunity for anyone looking to grow their portfolio. Each unit has two bedrooms and one bathroom, updated interiors, newer mechanicals, and a new roof. The interior renovations are complete-only exterior finishes are needed to bring the property to its full potential.
The second-floor unit offers a unique value-add opportunity with a spacious attic that can be finished to create a third bedroom and a half bath or converted into a third rental unit. According to CMHA and fair market rent estimates, each current unit can generate approximately $1,329 per month, with the expanded or third bedroom projected to bring in up to $1,720 per month.
Whether you're an experienced investor or just getting started, this property provides immediate cash flow with room for future growth. Don't miss your chance to add a high-potential asset to your portfolio.
Key Features
- Built in 1925
- 0.14 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$642/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3455 E 142nd Street
Cleveland, OH 44120
Shaker Overlook
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 3-bathroom residential multi family at 3455 E 142nd Street is listed at $120,000 ($41/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.14 acre lot, 3 stories.
This property is listed by Alexys Jones and can be reached at 4406945551 or alexysjones@kw.com.
