USAOHClevelandRapid Transit Land Cos Shaker3438 E 140Th St

View of front of property featuring a front lawn, a balcony, and brick siding | Image 1

3438 E 140 Th St, Cleveland, OH

Name: 3438 E 140 Th St, For Sale in Cleveland - eXp Realty
Brand: RE/MAX TRANSITIONS
SKU: 5189373
Price: 299900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$299,900

840

MLS® 5189373

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 6219 sqft

Garage Yes

Taxes $3,595

Days Active 0

Lot Size 0.1398 acres

Approx. Age 1924

Avg. Price Per Sqft $48

MLS® Number 5189373

Property Address: 3438 E 140th St, Cleveland, OH, 44120-4025

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

Description

Excellent investment opportunity at 3438 E 140th St in Cleveland! This solid brick four-unit property offers strong cash flow potential with three occupied units and one vacant unit ready for lease or owner occupancy. Each spacious unit features 2 bedrooms, 1 full bath, and approximately 800 square feet with practical layouts that attract long-term tenants. Current gross monthly income is $2, 340 with additional upside by leasing the vacant unit at market rent, creating immediate value-add potential for investors. Tenants pay gas and electric, while the owner covers water, sewer, taxes, snow removal, and repairs. Built in 1924 and updated/remodeled over time, this well-maintained quadruplex offers over 6, 200 total square feet, including more than 4, 100 above grade plus a full unfinished basement. The basement provides common laundry area access with electric dryer hookup and washer hookups. Property features include forced air heating, ceiling fans, energy-efficient lighting and windows, and efficient hot water distribution. Appliances include ranges, refrigerators, smoke detectors, and CO detectors in units. Situated on a level 0.14-acre lot in the Rapid Transit Land Cos Shaker subdivision, the property offers a detached 4-car garage, and additional driveway parking, a major bonus for tenant retention. Brick exterior construction and asphalt shingle roof contribute to long-term durability and lower exterior maintenance. Public water and sewer services are in place. Conveniently located with access to Kinsman Road, public transportation, shopping, schools, and major highways, this property sits within the Cleveland Municipal School District and remains attractive to renters seeking accessibility and value. With solid rental history, strong occupancy, and opportunity to increase rents over time, this income-producing asset presents an excellent addition to any portfolio. This property offers stability, income, and long-term appreciation potential.

MLS® Number5189373

Laundry LevelCommon Area, Washer Hookup, Electric Dryer Hookup, In Basement

Central VacNo

FireplaceNo

Acreage0.1398

Exterior

GarageYes

Approx. Age1924

BasementUnfinished

DrivewayDriveway, Detached, Garage

Garage Spaces4

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 13, 2026List Date

$299,900List Price

Jul 7, 2023End Date

$224,000Sold Price

Sold

Jun 16, 2023List Date

$224,900List Price

Commute

Commute

Starting Address

Destination Address

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