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Street View
$224,900
Monthly Est:$1,119
7 Beds
3 Baths3 full baths
2,994sqft
3477 Berea Rd, Cleveland, OH 44111
$224,900
$1,119/moEst:
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Triplex
Built in 1924
$-- HOA
0.11 acre lot
$75/sq.ft
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.
- Houzeo last checked: 5 minutes ago
- Listing updated: October 24, 2026 at 12:55 pm
- Listing Provided by: Kim Lewis (330) 952-2244 DRE #2017004453, Garrett Rowan (803) 992-1429 DRE #2025003866 | Home Equity Realty Group (330) 952-2244
- Source: MLS Now-OH | MLS#: 5234911
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
2,994 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5234911
MLS Status
Active
Days on Market
84
Cumulative Days on Market
78
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Interior
Heating
Forced Air
Cooling
None
Sewer
Public Sewer
Construction
Year Built
Year Built: 1924
Home type
Triplex
Foundation Details
Slab
Property Condition
Fixer, Updated Remodeled
Roof
Asphalt, Fiberglass
Construction Materials
Asphalt, Vinyl Siding
Utilities & Energy
Parking Features
Driveway, Detached, Garage
Water Source
Public
Other Features
Subdivision Name
Lorain Villas
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Price Decreased | $234,900 -2.08% $78/sqft |
10/01/2026 Source: | Price Decreased | $239,900 -2.04% $80/sqft |
08/21/2026 Source: | Price Decreased | $244,900 -10.91% $82/sqft |
08/07/2026 Source: | Listed for Sale | $274,900 +22.23% $92/sqft |
08/07/2026 Source: | Price Increased | $224,900 +24.94% $75/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 31, 2026, 08:30AM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
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