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$289,000

For Sale

3 days ago

3278 W 117Th St, Cleveland, OH

House

MLS® 5205123

6 Bed

2 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $3,332
Days Active 2
Lot Size 
Approx. Age 1928
MLS® Number 5205123

Property Address: 3278 W 117th St, Cleveland, OH, 44111-1765

Average square foot calculated using Size range provided by listing agent.

Description

**CASH COW** This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1, 000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1, 700 per unit for the apartments, the total monthly income potential approaches $4, 400—making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fundamentals already in place.
MLS® Number5205123
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1928
BasementFull
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$289,000List Price
  • Commute

Commute

Starting Address
Destination Address
3278 W 117Th St, Cleveland, OH

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