Price Reduced Listing
$239,900
 $1,596 est/mo Sourced by Back At You

3477 Berea Road,Cleveland, OH 44111

Cleveland, OH 44111

Share:

PreviousNext

Description

Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside. Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.

Details

MLS #5234911
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site61
Listing Provided ByHome Equity Realty Group | Kim Lewis

Features

Bed(s)7
Bath(s) 3 Total
SQ Feet2,994
Garage2
Building(s)1
Acreage0.11

Parking

Garage Yes / NoYes
Parking FeaturesDriveway, Detached, Garage

Taxes

Tax Annual Amount4133

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44111
Community NameLorain Villas
Listing VS Median (in Lorain Villas)
Price:
$239,900
low | high
Med:
$244,950
47.894956231763% of Average
sqft:
2,994
low | high
Med:
3,496
33.233132932532% of Average
$ / sqft:
$80
low | high
Med:
$71
60.979864671811% of Average
On site:
61
low | high
Med:
61
100% of Average
Sourced by Back At You

Market Activity 44111

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from e-Merge Real Estate at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by MLS Now Independence OH. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS Now Independence OH. All Rights Reserved.

Contact

Learn More About This Property

Kerri Kalala

Kerri J. Kalala

e-Merge Real Estate

2018001265 (614) 738-0470kerri.kalala@e-merge.com
StateOH
CountyCuyahoga
CityCleveland
Zip Code44111
Community NameLorain Villas
Listing VS Median (in Lorain Villas)
Price:
$239,900
low | high
Med:
$244,950
47.894956231763% of Average
sqft:
2,994
low | high
Med:
3,496
33.233132932532% of Average
$ / sqft:
$80
low | high
Med:
$71
60.979864671811% of Average
On site:
61
low | high
Med:
61
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 2:44:34 PM PDT

Kerri Kalala - e-Merge Real Estate Pickerington - e-Merge Real Estate