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  • $229,000

    3408 Riverside Ave, Cleveland, OH 44109

    7beds
    3,596sqft
    : 
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    Triplex, Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $64/sqft
    $-- HOA

    What's special

    Functional floor planThree finished levelsGreat natural lightFull basementExpansive yardLarge kitchensModern furnaces
    Attention investors—excellent opportunity on Cleveland’s desirable west side! Situated on a quiet residential street, this spacious 3-family property offers strong income potential, owner-occupant flexibility, or ideal multi-generational living. Set on an extra-wide 64x130 lot, this is a rare chance to add a solid asset to your portfolio. Refreshed exterior features newer low-maintenance vinyl siding, vinyl windows, newer roof, plus a beautiful composite front porch perfect for relaxing. A large driveway for ample parking, 2-car garage, expansive yard (64x130 lot) provide ample parking and outdoor space. Conveniently located near highways, shopping, dining, and local attractions. Property offers three finished levels. The first and second floor units are spacious, light-filled 3-bedroom layouts w/generous living areas & large kitchens designed to attract/retain quality tenants. Third-floor unit is a roomy/comfortable 1-bedroom efficiency w/great natural light & functional floor plan. Separate electric meters are already in place, with water on a single meter. Full basement includes updated electrical panels, water tanks (2012), and modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating impressive cash flow—estimated at approximately $3,100 per month when fully occupied. Currently vacant with immediate occupancy possible and easy to show. Serious qualified buyers only. No wholesalers or owner financing.
    38 days
    |
    668
    |
    61
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,

    Coldwell Banker Schmidt Realty,

    Michele L Frederick 440-567-8814,

    Coldwell Banker Schmidt Realty

    Source: MLS Now,MLS#: 5209369MLS LogoOriginating MLS: Lorain County Association Of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Included: Range, Refrigerator
      Features
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 3,596
      • Total interior livable area: 3,596 sqft
      • Finished area above ground: 2,422
      • Finished area below ground: 1,174

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage, Paved
      • Garage spaces: 2
      Features
      • Levels: Three Or More
      Lot
      • Size: 7,840 Square Feet
      Details
      • Parcel number: 01519067

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $64/sqft
      • Tax assessed value: $120,000
      • Annual tax amount: $2,810
      • Date on market: 5/12/2026
      • Cumulative days on market: 49 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/12/2026Listed for sale$229,000-4.6%$64/sqft
        Source: MLS Now #5209369 Report a problem
        5/12/2026Listing removed$240,000$67/sqft
        Source: MLS Now #5205627 Report a problem
        5/2/2026Listed for sale$240,000+2566.7%$67/sqft
        Source: MLS Now #5205627 Report a problem
        9/20/2011Sold$9,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,808 +38.5%$42,000 +60.6%
        2023$2,027 +0.6%$26,150
        2022$2,016 +0.9%$26,150
        2021$1,997 +11.5%$26,150 +29%
        2020$1,790 +8%$20,270 +0%
        2019$1,658 +0.3%$20,260 0%
        2018$1,653 -65.2%$20,270 -9.1%
        2017$4,746 +26.2%$22,300
        2016$3,761 +8.3%$22,300
        2015$3,471 -50.4%$22,300 -4.9%
        2014$6,992 +46.6%$23,460
        2013$4,769 +94.4%$23,460
        2012$2,454 $23,460 -17.2%
        2011-- $28,320
        2010$12,660 +52.7%$28,320
        2009$8,290 +54.3%$28,320 -11%
        2008$5,372 +204.3%$31,820
        2007$1,765 +0.1%$31,820
        2006$1,763 +1.6%$31,820 +7.1%
        2005$1,735 +1.2%$29,720
        2004$1,715 +1.1%$29,720
        2003$1,697 +12.5%$29,720 +11.4%
        2002$1,509 -42.1%$26,670
        2001$2,606 +4.5%$26,670
        2000$2,494 $26,670

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Brooklyn Centre

          Getting around

          57 / 100
          Somewhat Walkable
          40 / 100
          Some Transit
          51 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Cleveland Municipal - 1809

          Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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