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3423 E 140th St

Cleveland OH 44120

8
4
6219 sq. ft.
0.12 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
4 bathrooms
6219 sq. ft. floor area
0.12 ac. lot size
Duplex

Property history for 3423 E 140th St

2023
Sold
$175,000
21 Nov 2023 by Amanda Hunt, of Krch Realty, LLC
2019
Sold
$1,063,442
18 Jan 2019
2018
Sold
$51,400
11 Jun 2018 by Lynn Farris, of Keller Williams Grt Cleve NE

Happy sellers in Cleveland

94%
94% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Cleveland over the last 12 months.

Local market activity for 8 bedroom duplexes in Cleveland

In the last 12 months, 10 eight-bedroom duplexes similar to 3423 E 140th St, have been sold.

This represents a 50% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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