3278 W 117th Street
Cleveland, OH 44111
6
Bed
2
Bath
0.16Acre(Lot)
**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 in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1928 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1591 Acres Lot Size Acres: 0.1591 Lot Size Source: AssessorProperty Information
Subdivision: A J Marvins Resub Source Property Type: Residential Income Property SubType: Triplex Levels: Two Property Age: 98
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Listing Price Information
Listing Price: $289000
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Tax Information
Parcel Number: 021-22-004 Tax Year: 2025 Annual Tax: $3332 Tax Legal Desc: 20 MARVIN 0004 ALL
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Parking Information
Off Street
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Location Information
Direction: NA WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3098 W 101st Street, Cleveland, OH, 44111 | $174,900 | 5 | 2 | 2,733 | 2,733 SqFt |
| 3033 West Boulevard, Cleveland, OH, 44111 | $260,000 | 6 | 3 | 4,050 | 4,050 SqFt |
| 3032-3034 West Boulevard, Cleveland, OH, 44111 | $250,000 | 6 | 4 | -- | |
| 10601 Linnet Avenue, Cleveland, OH, 44111 | $195,000 | 4 | 2 | 3,896 | 3,896 SqFt |
| 3834 Bosworth Road, Cleveland, OH, 44111 | $245,000 | 7 | 4 | 2,786 | 2,786 SqFt |
| 10711 Joan Avenue, Cleveland, OH, 44111 | $220,000 | 6 | 3 | 2,951 | 2,951 SqFt |
| 10816 Governor Avenue, Cleveland, OH, 44111 | $170,000 | 2 | 2 | 3,124 | 3,124 SqFt |
| 3319 W 111th Street, Cleveland, OH, 44111 | $199,000 | 5 | 4 | -- | |
| 11316 Florian Avenue, Cleveland, OH, 44111 | $182,000 | 4 | 2 | 2,938 | 2,938 SqFt |
| 3753 W 117th Street, Cleveland, OH, 44111 | $154,900 | 4 | 2 | 1,319 | 1,319 SqFt |
Similar Multifamily To 3278 W 117th Street
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 06/17/2026 @ 21:57
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