Listed By
Agency Name: Platinum Real Estate
Agency Contact: Zervos@ContactPlatinum.com, 216-440-9089
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Located in the heart of Ohio City, one of Cleveland's strongest rental submarkets, this four-unit property offers immediate income with significant upside. Three of the four units are currently occupied on month-to-month leases, providing in-place cash flow while allowing flexibility for repositioning or rent adjustments to market rate. One vacant one-bedroom unit (approximately 450 SF) creates an immediate opportunity for lease-up or owner-occupancy. While current financials are limited due to inherited ownership, market rents in Ohio City for comparable 1 bed / 1 bath units commonly range between $800$1,200+ per month, depending on size, condition, and finishes. With separate entrances and a corner lot location near West 25th, this asset checks the boxes for: long-term hold, value-add reposition, house-hack strategy, and portfolio expansion in a high-demand corridor. In Ohio City, scale at this price point is increasingly rare.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Interior Entry, Other, Partial
Cooling: None, Other
Days on Market: 4
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $4,353 / year
Year Built: 1895
Amenities
Private Entrance
Feature Descriptions
Exterior: Wood Siding
Fencing: Chain Link, Front Yard
Lot: Corner Lot, Front Yard, Irregular Lot, Other, Pie Shaped Lot
Parcel#: 003-31-050
Parking: No Garage, On Street, Unassigned
Sewer: Public Sewer
View: City, Park/Greenbelt
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 2,250.05 per month $1,780.84 Principal & Interest $362.75 Property Tax $106.46 Homeowner's InsuranceChange Payment Information
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3202 Whitman Avenue | MLS# 5188503
This multi-family property located at 3202 Whitman Avenue, Cleveland, OH 44113 is currently listed for sale with an asking price of $365,000. Whitman Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlercigroup.com today.