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3408 Riverside Ave, Cleveland, OH, 44109

3beds
1baths
3,596sqft
$229,000
$64price/sqft
$2,086/moest. monthly cost
$83,440/yrincome needed

About This Home

Attention investors—excellent opportunity on Cleveland’s desirable west side! Situated on a quiet residential street, this spacious 3-family property offers strong income potential, owner-occupant flexibility, or ideal multi-generational living. Set on an extra-wide 64x130 lot, this is a rare chance to add a solid asset to your portfolio. Refreshed exterior features newer low-maintenance vinyl siding, vinyl windows, newer roof, plus a beautiful composite front porch perfect for relaxing. A large driveway for ample parking, 2-car garage, expansive yard (64x130 lot) provide ample parking and outdoor space. Conveniently located near highways, shopping, dining, and local attractions. Property offers three finished levels. The first and second floor units are spacious, light-filled 3-bedroom layouts w/generous living areas & large kitchens designed to attract/retain quality tenants. Third-floor unit is a roomy/comfortable 1-bedroom efficiency w/great natural light & functional floor plan. Separate electric meters are already in place, with water on a single meter. Full basement includes updated electrical panels, water tanks (2012), and modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating impressive cash flow—estimated at approximately $3,100 per month when fully occupied. Currently vacant with immediate occupancy possible and easy to show. Serious qualified buyers only. No wholesalers or owner financing.

Getting Around

57
WalkingSomewhat Walkable
40
TransitSome Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1890

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 3

Features

  • Finished area below ground: 1,174
  • Finished area above ground: 2,422

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,596
  • Total interior livable area: 3,596 sqft

Property

Details

  • Parcel number: 01519067

Features

  • Levels: Three Or More

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2