3524 E 138th Street, Cleveland, OH 44120

Local realty services provided by:Better Homes and Gardens Real Estate Central
3524 E 138th Street,Cleveland, OH 44120
$172,000
  • 4 Beds
  • 2 Baths
  • 2,847 sq. ft.
  • Multi-family
  • Active
Listed by:darryl jolly
Office:keller williams chervenic rlty
MLS#:5132719
Source:OH_NORMLS

Price summary

  • Price:$172,000
  • Price per sq. ft.:$60.41

About this home

Recently Remodeled Duplex – Great Investment Opportunity This beautifully remodeled duplex offers a fantastic opportunity for investors or owner-occupants alike. The property features two fully leased units with updated finishes and excellent natural lighting throughout. • Upstairs Unit: Currently tenant-occupied with a lease expiring July 31st of this year, offering near-term potential to adjust rent to market rates. • Downstairs Unit: Occupied by a Section 8 tenant with a lease expiring September 30th of this year. There is significant room for a rental increase upon recertification or renewal. The unit benefits from stable, government-backed income and strong long-term tenancy potential. Recent renovations ensure low-maintenance ownership and increased appeal to quality tenants. With both leases ending this year, the property presents an excellent opportunity to boost cash flow and realize long-term value. Don’t miss your chance to own this turn-key, income-producing

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Home facts

  • Year built:1918
  • Listing Id #:5132719
  • Added:56 day(s) ago
  • Updated:August 12, 2025 at 02:45 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,847 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1918
  • Building area:2,847 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$172,000
  • Price per sq. ft.:$60.41
  • Tax amount:$624 (2023)
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