4500 W 39th Street
Cleveland, OH 44109
9
Bed
4
Bath
2,912Sqft
0.14Acre(Lot)
Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland’s Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Rooms Total: 13 Has Basement: Yes Basement: Full -
Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Cooling: None
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Building Information
Year Built: 1904 Construction Materials: Aluminum Siding, Frame, Vinyl Siding Private Pool: No
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Lot Information
Main Square Feet: 0.1377 Acres Lot Size Acres: 0.1377 Lot Size Source: AssessorProperty Information
Subdivision: Brkter Source Property Type: Residential Income Property SubType: Quadruplex Levels: Three Or More Property Age: 122
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Listing Price Information
Listing Price: $359900 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 011-07-020 Tax Year: 2025 Annual Tax: $3651.4 Tax Legal Desc: 59 BRKTER S/L129 ALL 0128 ALL
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Parking Information
Driveway
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Location Information
Direction: South of Memphis Rd., East of Pearl Rd. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3124 W 11th Place, Cleveland, OH, 44109 | $189,900 | 4 | 2 | 2,596 | 0.06 Acre |
| 3702 W 15th Street, Cleveland, OH, 44109 | $380,000 | 7 | 4 | 3,524 | 0.17 Acre |
| 3688 W 15th Street, Cleveland, OH, 44109 | $269,000 | 6 | 3 | 2,871 | 0.04 Acre |
| 1295 Holmden Avenue, Cleveland, OH, 44109 | $749,900 | 8 | 4 | 4,104 | 0.11 Acre |
| 1910 Mayview Avenue, Cleveland, OH, 44109 | $185,000 | 5 | 2 | 3,800 | 0.10 Acre |
| 3174 W 14th Street, Cleveland, OH, 44109 | $399,000 | 5 | 2 | 4,484 | 0.16 Acre |
| 3850 W 18 Street, Cleveland, OH, 44109 | $189,900 | 5 | 2 | 2,008 | 0.08 Acre |
| 3885 W 20th Street, Cleveland, OH, 44109 | $114,900 | 4 | 2 | 1,644 | 0.08 Acre |
| 4270 Valley Road, Cleveland, OH, 44109 | $249,900 | 6 | 3 | 2,384 | 0.09 Acre |
| 2101 Denison Avenue, Cleveland, OH, 44109 | $375,000 | 5 | 3 | -- | 0.10 Acre |
Similar Multifamily To 4500 W 39th 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 09/04/2026 @ 08:19
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