- 7 beds
- 4 baths
- 1,950 sqft
- $125 per sqft
- 1910 build
- – on site
Incredible opportunity to purchase a four-unit property on the highly sought-after west side of Cleveland! This value-add investment features three 2-bedroom, 1-bath units (two of which are currently occupied at $550 and $650/month on month-to-month leases) and a one-bedroom, one-bath attic unit. The vacant 2-bedroom, one-bath unit is in the basement with a full kitchen and bathroom. Projected market rents are $1,000/month for the two occupied 2-bedroom units, $800/month for the 1-bedroom and $850/month for the vacant 2-bedroom basement unit, bringing the total projected gross annual income to $43,800. Cleveland’s rental market remains strong, driven by steady demand, affordable pricing, and reliable cash flow—making this an excellent market for investors. The property has three gas meters and three electric meters; the owner currently pays utilities for the basement unit. The City of Cleveland Lead Inspection is in process for renewal, with no anticipated issues, giving new ownership a clear path to lead-free certification at closing. A rare chance to secure a high-yield, easy-to-manage multifamily asset in a growing market! *Note: Owner states that there are 4 units with 7 bedrooms and 4 bathrooms but the county auditor's website states that there are 2 units with 5 bedrooms and 3 bathrooms.
Last checked:
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Last updated Jun 12, 2025
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MLS# 5130342 —
The Building
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Year Built:1910
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Year Built Source:PublicRecords
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Construction Materials:ShingleSiding
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Levels:ThreeOrMore
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Roof:Asphalt,Shingle
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Basement:Finished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:1950.0
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Above Grade Finished Area Source:Assessor
Room Dimensions
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Living Area:1950.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
Location
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Directions:South of I-90
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Latitude:41.462916
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Longitude:-81.741748
The Property
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Parcel Number:017-33-011
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.1053
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Lot Size Area:0.1053
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 870-8687
- Office phone:
- (440) 526-9400
Taxes
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Tax Year:2024
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Tax Legal Description:27 SEIDMAN 0268 ALL
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Tax Annual Amount:$4,258
Beds
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Bedrooms Total:7
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Listing Terms:Cash,Conventional,Exchange1031,FHA,VaLoan
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/3334-W-82nd-Street-Cleveland-OH-44102/unbranded
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Seidman
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Pool Private:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:OnSite,OffStreet,Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/10/25
Jun 10, 2025
|
Listed / Active | MLS_NOW | $244,900 | |
3/22/16
Mar 22, 2016
|
Sold | MLS_NOW |