About This Home
This 8-bedroom, 3-bathroom multi-family at 3929 Riverside Avenue in Cleveland, OH is listed for $289,900 ($77 per sqft). Built in 1914, the home offers 3,780 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1914
- 0.12 acre lot
- 2 stories
Property Details
Welcome to 3929 Riverside Avenue. An exceptional income-producing multifamily property located on Cleveland's sought-after west side, just minutes from the highway and the renowned MetroHealth Medical Center. Fully renovated and designed for strong rental performance, maximizing rental income potential ranging from $3,500 to $3,700 of gross rent.
This property offers an outstanding opportunity for investors seeking reliable cash flow or owner-occupants looking to significantly reduce housing costs through rental income. The property features a spacious first-floor unit with 3 bedrooms and 1 full bathroom, while the expansive upper unit spans the second and third floors and includes 5 bedrooms and 2 full bathrooms.
Meticulously renovated from top to bottom, the property showcases all-new mechanical systems updated in 2026, including electrical, plumbing, HVAC, drywall, kitchens, and bathrooms. Additional improvements include waterproof luxury vinyl plank flooring throughout, contemporary finishes, and quality craftsmanship designed to enhance durability, minimize maintenance, and attract long- term tenants.
Move-in ready and positioned within a strong rental market, this turnkey asset offers immediate income potential, low anticipated capital expenditures, and excellent long-term investment value.
Monthly Cost Estimate
$1,550/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3929 Riverside Avenue
Cleveland, OH 44109
Frank E Bliss Allotment
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 8-bedroom, 3-bathroom multi-family at 3929 Riverside Avenue is listed at $289,900 ($77/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1914, 0.12 acre lot, 2 stories. Interior Features: EatInKitchen, StoneCounters, RecessedLighting.
This property is listed by Hannah T Robinson and can be reached at 2163909653.