Vision Sales Team

3429 Martin Luther King Jr Drive

Cleveland , OH 44104

MLS#: 5174021

$274,900

Status: Active
Listing number: 5174021
Listing provided by: Keller Williams Citywide
Listing agent phone: None
Last update: 3 days ago
New on site 3 days ago
Browse Properties
Woodhill East Blvd Sub - Residential Income

Property

Beds

6

Full Baths

2

1/2 Baths

None

Year Built

1930

Sq.Footage

3,382

Attention investors and owner-occupants. This fully renovated multifamily delivers strong projected income with rents of $1,468 + $1,468 + $937, giving you $3,873 per month once leased. With an estimated NOI of around $30,000 and an approximate 11% cap rate, the numbers speak for themselves. Completely updated in 2025, this property offers true turnkey living with new kitchens, updated bathrooms, fresh flooring, neutral paint, and solid mechanical upgrades. The home features new electrical, new plumbing, new vinyl windows, new water tanks, a new roof, and new HVAC, providing reliable performance for years ahead. Each unit offers spacious layouts, generous bedroom sizes, and clean finishes that attract quality tenants. The third level bonus unit, equipped with its own kitchen and bathroom, adds an additional income stream to maximize profitability. The property is CMHA compliant, with all required inspections completed, ideal for investors seeking dependable tenant demand and consistent payments. Whether you’re purchasing strictly as an investment or planning to live in one unit while the other two cover your mortgage, this home offers flexibility and long term value. Located near major highways, transit, parks, schools, hospitals, and employment centers, it sits in a high demand area with strong rental appeal. A true turnkey addition to any portfolio. Schedule your private tour today.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    2

  • Above Grade Finished Area

    2481.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s)

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Wood Siding

  • Parking

    Driveway, Detached, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1837

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $274,900

  • Tax Amount

    1709.0

  • Sq. Footage

    3, 382

  • Price/SqFt

    $81

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Joel Rodriguez Velez , Keller Williams Citywide

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Agent ShelbyHumpal

AGENT

ShelbyHumpal

Call Shelby today to schedule a private showing.

(440) 321-8376

Shelby@VisionSalesTeam.com


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Attention investors and owner-occupants. This fully renovated multifamily delivers strong projected income with rents of $1,468 + $1,468 + $937, giving you $3,873 per month once leased. With an estimated NOI of around $30,000 and an approximate 11% cap rate, the numbers speak for themselves. Completely updated in 2025, this property offers true turnkey living with new kitchens, updated bathrooms, fresh flooring, neutral paint, and solid mechanical upgrades. The home features new electrical, new plumbing, new vinyl windows, new water tanks, a new roof, and new HVAC, providing reliable performance for years ahead. Each unit offers spacious layouts, generous bedroom sizes, and clean finishes that attract quality tenants. The third level bonus unit, equipped with its own kitchen and bathroom, adds an additional income stream to maximize profitability. The property is CMHA compliant, with all required inspections completed, ideal for investors seeking dependable tenant demand and consistent payments. Whether you’re purchasing strictly as an investment or planning to live in one unit while the other two cover your mortgage, this home offers flexibility and long term value. Located near major highways, transit, parks, schools, hospitals, and employment centers, it sits in a high demand area with strong rental appeal. A true turnkey addition to any portfolio. Schedule your private tour today.

3429 Martin Luther King Jr Drive

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