4500 W 39th StreetCleveland, OH 44109

4500 W 39th StreetCleveland, OH 44109

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$384,900 Active
Multi Unit - Multiple MLS 5178406
9 beds 4 full baths 2,912 sqft

Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: wendysellscle@gmail.com, 216-834-9987

Shown By

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

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Property Description

Prime Investment Opportunity In Cleveland's Thriving Rental Market. A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A 3-Bedroom, 1-Bathroom Single Family Home On One Lot. Three Of The Four Units Are Currently Leased, Making This Perfect For Investors Looking For Immediate Cash Flow With The Potential For 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 Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You're A Seasoned Investor Or Looking To Start Building Wealth Through Real Estate, This Is An Opportunity You Won't Want To Miss. Schedule Your Private Showing Today And Secure This Valuable Asset In Cleveland's Growing Market!

4500 W 39th Street | MLS# 5178406

This multi-family property located at 4500 W 39th Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $384,900. W 39th 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: Yes
Basement: Full
Cooling: None
Days on Market: 101
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $7,302 / year
Year Built: 1904

Feature Descriptions

Exterior: Frame
Parcel#: 011-07-020
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 4500 W 39th Street, Cleveland, OH 44109
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

$ 2,697.50 per month $1,976.74 Principal & Interest $608.50 Property Tax $112.26 Homeowner's Insurance

Change Payment Information

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