Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3423 E 140th St, Cleveland, OH, 44120

8beds
4baths
6,219sqft
$239,900
$39price/sqft
$2,638/moest. monthly cost
$105,520/yrincome needed

About This Home

Well-maintained 4-unit apartment building offering immediate cash flow with value-add upside. Three units are currently occupied at $850/month, with one vacant unit needing minor updates that could support higher rent once completed. All units feature 2 bedrooms and 1 bathroom. Tenants pay their own gas and electric, helping keep operating expenses low. Property is lead certified and provides a solid foundation for investors looking to increase returns through light improvements and rent growth. Roof is older and priced accordingly. Conveniently located near the shops, restaurants, and transit of Shaker Square and Shaker Town Center, making it an attractive rental location with consistent demand. Strong opportunity to increase income while collecting rents from day one.

Getting Around

59
WalkingSomewhat Walkable
47
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

4/10
Andrew J Rickoff SchoolGrades PK-80.4 mi
3/10
3/10
Charles Dickens SchoolGrades PK-80.8 mi

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 2,073
  • Finished area above ground: 4,146

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 6,219
  • Total interior livable area: 6,219 sqft

Property

Details

  • Parcel number: 13013101
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony
  • Exterior features: Balcony

Lot

  • Lot size: 5,201 sqft
  • Features: Flat,Level

Parking

  • Parking features: Paved