3404 W 49th StreetCleveland, OH 44102

3404 W 49th StreetCleveland, OH 44102

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$245,000 Active
Multi Unit - Multiple MLS 5207175
6 beds 2 full baths 2,988 sqft

Listed By

Agency Name: Keller Williams Citywide
Agency Contact: angie.lopez@kw.com, 216-855-4477

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Stunning duplex investment opportunity located in the heart of Clark-Fulton offering strong rental income and major recent updates throughout. Currently $2,529 per month, and tenants are upto date with rent. Market rent can increase to $2,800++. Downstairs is month-to-month paying $1,300. And Upstairs is on a lease for $1,229 until March 2027. This well-maintained property features two separate units, each unit offering 3 bedrooms and 1 full bath with comfortable layouts and updated finishes. Interior improvements include modern flooring, refreshed kitchens and baths, updated fixtures, and fresh paint throughout, creating an inviting atmosphere. Each unit also includes its own laundry area along with private upper and lower outdoor patio spaces. Major mechanical updates were completed in 2023, including furnaces, hot water tanks, and electrical panels. Additional exterior improvements include newer siding, roof, gutters, and windows. The property is completed by a long driveway and a newly built two-car garage, adding convenience and value. Whether you're expanding your investment portfolio or searching for a multi-family property with strong income potential, this duplex offers an excellent combination of cash flow, updates, and location. Property is easy to show, call for your private showing.

3404 W 49th Street | MLS# 5207175

This multi-family property located at 3404 W 49th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $245,000. W 49th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 5
Garage: 2
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $5,268 / year
Year Built: 1890

Feature Descriptions

Exterior: Vinyl Siding
Laundry: Inside, Main Level, In Unit, Upper Level
Parcel#: 016-20-073
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3404 W 49th Street, Cleveland, OH 44102
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,768.71 per month $1,258.25 Principal & Interest $439.00 Property Tax $71.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage