3141 Kensington Road, Cleveland Heights, OH 44118

• 5 beds |
• 2 baths |
• 2,855 sqft

Property Description

Steps from the Cedar Lee corridor — one of Cleveland Heights' most walkable and sought-after neighborhoods, with restaurants, boutiques, and transit all within easy reach. This 3-unit property has immediate income in place with room to grow. Unit 1 (occupied | $1,250 + $25 pet fee): Recently renovated, oversized private patio. Comparable units in the area support $1,300/mo. Tenant on one year lease.Unit 2 (vacant — move-in ready): Recently renovated, Identical layout and finishes to Unit 1, same oversized patio. An owner-occupant living here would have the other two units covering housing costs entirely. Can also be leased at $1,300/mo from day one.Unit 3 (occupied | $575): Studio unit, currently below area comps. Similar studios nearby support $750+/mo. Month to month tenant.At full occupancy with upside rents, gross monthly income exceeds $3,350. Roof recently updated. Brand new garage. Solid bones, strong location, and value-add upside already in place. A POS estimated around 3k will be passed on to the buyer. A compelling addition to any portfolio, or a nice way to reduce housing costs by living in one unit.

Listing Status:

Active

Data Last Updated:

April 1, 2026 at 9:20PM

Listing Office:

Beycome Brokerage Realty LLC : 804-656-5007

Listing Agent:

Steven Koleno : 804-656-5007

MLS ID:

5196748

Interior

• A/C: Wall Unit(s)
• Heating: Forced Air

Exterior

• Parking: DrivewayDetachedGarage

Construction

• Roofing: AsphaltFiberglass
• General: Frame3

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Hts-Univer - 1810
• County: Cuyahoga

Lot

• Zoning: 2 MEADBRK#2 0383 ALL686-14-034

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM