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.
Active
$229,000
3408 Riverside Ave, Cleveland, OH 44109
7beds
3,596sqft
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
- 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#: 5209369
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $229,000-4.6%$64/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $240,000$67/sqft |
Source: | ||
| 5/2/2026 | Listed for sale | $240,000+2566.7%$67/sqft |
Source: | ||
| 9/20/2011 | Sold | $9,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $26,670 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Brooklyn Centre
Nearby schools
GreatSchools rating
- 5/10Denison PreK-8 SchoolGrades: PK-9Distance: 0.3 mi
- 3/10Lincoln West School Of Global StudiesGrades: 9-12Distance: 0.8 mi
- 4/10Lincoln West School of Science & HealthGrades: 9-12Distance: 0.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Ohio
- Cuyahoga County
- Cleveland
- 44109
- Brooklyn Centre
- 3408 Riverside Ave




