7 Beds
3 Baths
2,994 sqft
$234,900
3477 Berea Road, Cleveland OH, 44111
Price per sqft$78.46
Built in1924
Property size2,994 sqft
Property typeMulti-family
Overview
Active
Listed Aug 7, 2026
Updated 33h ago
Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside.
Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof.
Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside.
Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.
$1,563/mo
Est. mortgage payment based on a $234,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5234911
Interior Features
- Bedrooms
- 7
- Bathrooms
- 3
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.11 Acres
Other Property Details
- Taxes
- $4,133
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of Home Equity Realty Group
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