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3122 W 30th Street
Cleveland, OH 44109

$315,000 - Status: Active
SQFT: 3,079
MLS# 5215397

Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.

Property Features

MLS#: 5215397
Zip: 44109
Subdivision: Diodate Clarks
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Site: 2
Heating: Forced Air
Lot Size: 0.14 acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $6,081 / year
Year Built: 1910

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 007-33-099
Parking: Driveway, Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

3122 W 30th Street | MLS# 5215397

This multi-family property located at 3122 W 30th Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $315,000. W 30th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Living
Agency Contact: TeraSomogyi@gmail.com, 561-901-9331

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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