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3334 W 82nd ST Cleveland, OH 44102
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Key Details
Sold Price $157,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $80
Subdivision Seidman
MLS Listing ID 5130342
Sold Date 10/21/26
Bedrooms 7
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,950
Year Built 1910
Annual Tax Amount $4,258
Tax Year 2024
Lot Size 4,586 Sqft
Acres 0.1053
Property Sub-Type Quadruplex
Stories Three Or More
Story Three Or More
Property Description
Four-unit investment property on Cleveland's west side offered at just $49,750/door, currently generating $17,815 in annual NOI at an 8.95% cap rate. Three of the four units are now occupied, including the basement unit recently leased at $700/month, leaving just the top unit to fill and meaningful upside as it leases. Built in 1910, this well-constructed multi-family sits in the 44102 zip code with easy access to I-90, I-71, and I-480, making it a consistently rentable location for Cleveland's west-side workforce. The proforma tells the better story: fully leased at market rents, NOI climbs to $24,900 and the cap rate reaches 12.51%. Go-and-show for qualified buyers.
Location
State OH
County Cuyahoga
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features On Site, Off Street, Paved
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 017-33-011
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Daniela Maragos • Keller Williams Elevate
NEARBY SCHOOLS & BUSINESSES
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