3141 Kensington Road, Cleveland Heights, OH 44118

Local realty services provided by:Better Homes and Gardens Real Estate Central
3141 Kensington Road,Cleveland Heights, OH 44118
$312,000
  • 5 Beds
  • 2 Baths
  • 2,855 sq. ft.
  • Multi-family
  • Active
Listed by: steven koleno
Office: beycome brokerage realty llc.
MLS#:5196748
Source:OH_NORMLS

Price summary

  • Price:$312,000
  • Price per sq. ft.:$109.28

About this home

Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease.Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k...

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Home facts

  • Year built:1922
  • Listing ID #:5196748
  • Added:1 day(s) ago
  • Updated:March 28, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Living area:2,855 sq. ft.

Heating and cooling

  • Cooling:Wall Units
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1922
  • Building area:2,855 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$312,000
  • Price per sq. ft.:$109.28
  • Tax amount:$7,596 (2025)

Parking

  • Parking description:Detached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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