Rhonda Albaugh
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: j.duffey@kw.com, 216-554-3848
Shown By
Agent Name: Rhonda Albaugh
Agent Phone: (330) 323-3804
Agency Title: Cutler Real Estate
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Property Description
SELLER FINANCING AVAILABLE! Turnkey investment opportunity in the heart of Cleveland! This 3-bedroom, 1.5-bath colonial offers strong rental appeal with classic charm and functional layout. Built in 1914, the home features a full basement, detached 1-car garage, and low-maintenance vinyl siding, making it a solid addition to any portfolio. Conveniently located just minutes from downtown Cleveland with easy access to I-90, this property is well-positioned for consistent tenant demand. The home includes public water and sewer, forced air heating, and a practical floor plan with 7 total rooms. This home has the LBP certification and passed all sec 8 inspections. Tenant occupied with lease in place through 12/13/26 at $1,725/month, providing immediate and stable cash flow for the next owner. Seller prefers to sell as part of a portfolio, including 15125 Naples Ave, 3261 East 140th Street, and 3552 West 45th Street?an excellent opportunity to scale your investment footprint with multiple income-producing properties but will consider offers on a case by case basis. Whether you're expanding your rental portfolio or securing your first investment, this property offers strong fundamentals and long-term potential. Please see repairs/updates list and lease agreements/rent amounts attached in supplements.
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 12
Garage: 1
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,473 / year
Year Built: 1914
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 015-16-066
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Estimate Your Payment
Estimated Payment
$ 918.18 per month $752.27 Principal & Interest $122.75 Property Tax $43.17 Homeowner's InsuranceChange Payment Information
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4324 Riverside Avenue | MLS# 5194190
This single family home located at 4324 Riverside Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $148,000. This property was built in 1914 and has 3 bedrooms and 1 full and 1 partial baths. Riverside Avenue is located in the W T Mallo 02 subdivision within the Cleveland Municipal - 1809 school district. Search W T Mallo 02 real estate on ralbaugh.cutlerhomes.com today.