3334 W 82nd Street
Cleveland, OH 44102

$244,900

Beds: 7
Baths: 4
Number of Units:
Type: Multi-Unit Residential
Listing #5130342
Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features three 2-bedroom, 1-bath units (two of which are currently occupied at $550 and $650/month on month-to-month leases) and a one-bedroom, one-bath attic unit. The vacant 2-bedroom, one-bath unit is in the basement with a full kitchen and bathroom. Projected market rents are $1,000/month for the two occupied 2-bedroom units, $800/month for the 1-bedroom and $850/month for the vacant 2-bedroom basement unit, bringing the total projected gross annual income to $43,800. Cleveland's rental market remains strong, driven by steady demand, affordable pricing, and reliable cash flow--making this an excellent market for investors. The property has three gas meters and three electric meters; the owner currently pays utilities for the basement unit. The City of Cleveland Lead Inspection is in process for renewal, with no anticipated issues, giving new ownership a clear path to lead-free certification at closing. A rare chance to secure a high-yield, easy-to-manage multifamily asset in a growing market! *Note: Owner states that there are 4 units with 7 bedrooms and 4 bathrooms but the county auditor's website states that there are 2 units with 5 bedrooms and 3 bathrooms.
Property Features
Location Information
County: Cuyahoga
Latitude: 41.462916
Longitude: -81.741748
Subdivision: Seidman
Directions: South of I-90
Interior Features
Full Baths: 4
Heating: Forced Air
Cooling: None
Basement Description: Finished
Has Basement: Yes
Exterior Features
Construction/Exterior: Shingle Siding
Possession: Delivery Of Deed
Water / Sewer: Public Sewer
Water: Public
Parking Description: On Site, Off Street, Paved
Has Garage: No
Lot Size in Acres: 0.105
Buildings: 1
Has Waterfront: No
Additional Information
Roof/Attic: Asphalt, Shingle
Property Type: RI
Property SubType: Quadruplex
Property SubType 2: Residential Income
Year Built: 1910
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of Russell Real Estate Services 440-526-9400
Logo
© 2025 MLS Now (formerly Yes MLS, NEOHREX, and NORMLS). All rights reserved.
The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than eXp are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
MLS Now (Yes MLS) data last updated at June 13, 2025, 2:20 PM ET