Turnkey investment opportunity in the heart of Cleveland! This 3-bedroom, 1.5-bath colonial offers strong rental appeal with classic charm and functional layout. Built in 1914, the home features a full basement, detached 1-car garage, and low-maintenance vinyl siding, making it a solid addition to any portfolio. Conveniently located just minutes from downtown Cleveland with easy access to I-90, this property is well-positioned for consistent tenant demand. The home includes public water and sewer, forced air heating, and a practical floor plan with 7 total rooms. This home has the LBP certification and passed all sec 8 inspections. Tenant occupied with lease in place through 12/13/26 at $1,725/month, providing immediate and stable cash flow for the next owner. Seller prefers to sell as part of a portfolio, including 15125 Naples Ave, 3261 East 140th Street, and 3552 West 45th Street?an excellent opportunity to scale your investment footprint with multiple income-producing properties but will consider offers on a case by case basis. Whether you're expanding your rental portfolio or securing your first investment, this property offers strong fundamentals and long-term potential. Please see repairs/updates list and lease agreements/rent amounts attached in supplements.
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: j.duffey@kw.com, 216-554-3848
Shown By
Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153
Estimated Payment
$ 819.73 per month $653.81 Principal & Interest $122.75 Property Tax $43.17 Homeowner's Insurance
4324 Riverside Avenue | MLS# 5194190
This single family home located at 4324 Riverside Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $148,000. This property was built in 1914 and has 3 bedrooms and 1 full and 1 partial baths. Riverside Avenue is located in the W T Mallo 02 subdivision within the Cleveland Municipal - 1809 school district. Search W T Mallo 02 real estate on www.dehoff.com today.