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$ 315,000
Est. payment /mo
New
3122 W 30th ST Cleveland, OH 44109
9 Beds
3 Baths
3,079 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,079 sqft
Price per Sqft $102
Subdivision Diodate Clarks
MLS Listing ID 5215397
Bedrooms 9
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,079
Year Built 1910
Annual Tax Amount $6,081
Tax Year 2025
Lot Size 6,107 Sqft
Acres 0.1402
Property Sub-Type Triplex
Property Description
Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Off Street
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 007-33-099
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Tera Somogyi • Keller Williams Living • TeraSomogyi@gmail.com, 561-901-9331