3282 W 38th Street
Cleveland, OH 44109
4
Bed
2
Bath
1,322Sqft
0.10Acre(Lot)
Investor Special! Welcome to this beautifully updated four-bedroom home, conveniently located just minutes from MetroHealth Hospital. This property offers a strong income-producing opportunity, generating $2,125 per month—or over $25,000 annually. The numbers even beat the 1% rule, making this a standout investment. The tenant also pays all utilities, helping keep operating expenses low and cash flow strong. Fully updated and truly turnkey, this property features new appliances, new mechanicals, updated electrical, and updated plumbing throughout. With the major updates already completed and the property generating strong rental income, investors can enjoy the confidence of owning a well-maintained asset with immediate income potential.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 7 Has Basement: Yes Basement: Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s), Central Air
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1033 Acres Lot Size Acres: 0.1033 Lot Size Source: AssessorProperty Information
Subdivision: Selden Allotment Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $199900
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Tax Information
Parcel Number: 015-02-041 Tax Year: 2025 Annual Tax: $1625 Tax Legal Desc: 54 SELDEN 0425 NP
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Parking Information
Alley Access, On StreetGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Turn left onto Clark from W 44th st. Turn right onto W 38th st. Destination is on your right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4711 Marcie Drive, Cleveland, OH, 44109 | $260,000 | 4 | 2 | 2,442 | 0.26 Acre |
| 1111 Spring Road, Cleveland, OH, 44109 | $219,900 | 3 | 2 | 1,716 | 0.13 Acre |
| 1317 Mayview Avenue, Cleveland, OH, 44109 | $200,000 | 3 | 1 | 1,254 | 0.11 Acre |
| 1502 Ferman Avenue, Cleveland, OH, 44109 | $165,000 | 4 | 2 | -- | 0.11 Acre |
| 4589 S Hills Drive, Cleveland, OH, 44109 | $325,000 | 3 | 3 | 2,057 | 0.17 Acre |
| 1517 Granby Avenue, Cleveland, OH, 44109 | $189,000 | 3 | 1 | 2,128 | 0.08 Acre |
| 1802 Ardoyne Avenue, Cleveland, OH, 44109 | $90,000 | 2 | 1 | 945 | 0.08 Acre |
| 1922 Spring Road, Cleveland, OH, 44109 | $199,900 | 3 | 2 | 2,194 | 0.17 Acre |
| 1821 Kenneth Avenue, Cleveland, OH, 44109 | $154,900 | 3 | 1 | 1,262 | 0.23 Acre |
| 3135 W 16th Street, Cleveland, OH, 44109 | $260,000 | 2 | 2 | 1,484 | 0.08 Acre |
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Nearby For Sale
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 are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 10/03/2026 @ 15:24
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