3738 W 137th Street, Cleveland, OH 44111

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
3738 W 137th Street,Cleveland, OH 44111
$339,000
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 8,288 sq. ft.
  • Multi-family
  • Active
Listed by: james p matheos
Office: keller williams citywide
MLS#:5202364
Source:OH_NORMLS

Price summary

  • Price:$339,000
  • Price per sq. ft.:$40.9

About this home

ATTENTION VALUE-ADD INVESTORS: 30-YEAR LEGACY PROPERTY WITH MASSIVE UPSIDE! Unlock incredible equity in this rock-solid, all-brick 4-plex located in a high-demand rental pocket of Cleveland. Held by the same owner for over 30 years, this property is the definition of a "diamond in the rough." While the building requires some TLC and shows deferred maintenance (condition is slightly below average), the structural integrity of this all-brick 1927 build is a major selling point that is hard to find in today's market. WHY THIS IS THE DEAL OF THE YEAR: * Massive Rent Spread: Rents are currently significantly below market value. With professional management and cosmetic updates, there is a clear path to double the current NOI. * Solid Infrastructure: A "forever" building with 2) 2-bed/1-bath and 2) 1-bed/1-bath units. It features separate gas/electric meters, newer water tanks, and a sturdy brick exterior. * In-Demand Amenities: Includes 2 off-street parking spaces and basement...

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Home facts

  • Year built:1927
  • Listing ID #:5202364
  • Added:4 day(s) ago
  • Updated:April 25, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:18
  • Basement:Yes
  • Basement Description:Full
  • Living area:8,288 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1927
  • Building area:8,288 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$339,000
  • Price per sq. ft.:$40.9
  • Tax amount:$6,620 (2025)
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