$150,000

3308 W 90th Street, Cleveland, OH 44102

  • 5 beds |
  • 2 baths
  • Property Icon Duplex
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Rare opportunity to acquire a 10-unit multifamily portfolio consisting of five duplexes located within minutes of each other across Cleveland’s westside rental corridors including Clark-Fulton, Stockyards, and West Boulevard. This portfolio offers investors the chance to acquire scale and execute a clear value-add stabilization strategy. The properties are currently in transition with 4 occupied units and 6 units vacant or in turnover, creating an opportunity for experienced investors to renovate, lease-up, and increase rents across the portfolio. The unit mix consists of 2- and 3-bedroom units, with market rents in the surrounding areas supporting approximately $1,000–$1,200 per unit once renovated and stabilized. Estimated renovation scope across the portfolio is approximately $120,000, including one heavier project requiring mechanical replacement and exterior improvements, along with several lighter unit turns. Once stabilized, the portfolio has the potential to generate $120K+ in annual gross rental income, with projected portfolio value approaching $950K–$1M. The property will be sold as the a portfolio during the initial marketing period. Ideal opportunity for experienced investors or operators seeking a westside Cleveland value-add multifamily project. Detailed rent projections and property information available upon request. See MLS 5191112 & 5191117 & 5191122 & 5191124 & 5191126. Tenant occupied units will only be shown once an offer has been accepted. EMAIL for any additional questions. $695k for the entire package. NO SELLER FINANCING.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 6:17AM
Listing Office:
Keller Williams Living : 440-318-1620
Listing Agent:
Michael L Magno : 216-236-8849
MLS ID:
5191117
  • Basement: Full
  • A/C: None
  • Heating: Forced AirGas
  • Disability Feature: None
  • Parking: DetachedGarage
  • Roofing: AsphaltFiberglass
  • General: Wood Siding30
  • Originating MLS: NOWDD_NORM
  • School District: Berea CSD - 1804
  • County: Cuyahoga
  • Zoning: 017-29-023
  • Fencing: Full
  • Utilities: Sewer Not Available
  • Water: Public
  • Sewer: None
  • Source: NOWDD_NORM

This listing courtesy of Michael L Magno , Keller Williams Living

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Almira PreK-8 Academy

3375 W 99th St, Cleveland, OH, 44102

Grades PK-8

0.31 miles away

A

Almira PreK-8 Academy

3375 W 99th St, Cleveland, OH, 44102

Grades PK-8

0.31 miles away

M

Max S. Hayes High School

2211 W 65th St, Cleveland, OH, 44102

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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