9 Beds
4 Baths
2,912 sqft
$359,900
4500 W 39th Street, Cleveland OH, 44109
Price per sqft$123.59
Built in1904
Property size2,912 sqft
Property typeMulti-family
Overview
Active
Listed Sep 3, 2026
Updated Sep 4
Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland’s Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You’re A Seasoned Investor Or Just Starting To Build Your Rental Portfolio, This Is An Opportunity You Won’t Want To Miss! No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financing, Creative Financing, And "Subject To" Offers Will Not Be Considered.
$2,394/mo
Est. mortgage payment based on a $359,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5241709
Interior Features
- Bedrooms
- 9
- Bathrooms
- 4
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.14 Acres
Other Property Details
- Taxes
- $3,651
- Tax Frequency
- Annually
Courtesy of RE/MAX Above & Beyond
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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