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  • $274,900

    3477 Berea Rd, Cleveland, OH 44111

    7beds
    2,994sqft
    : 
    $2,067/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Vinyl windowsVinyl siding
    Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside. Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.
    2 days
    |
    165
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Lewis Garrett.Rowan@heqrealty.com;803-992-1429,

    Home Equity Realty Group,

    Garrett Rowan 803-992-1429,

    Home Equity Realty Group

    Source: MLS Now,MLS#: 5234911MLS LogoOriginating MLS: Medina County Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Has basement: Yes
      Interior area
      • Total structure area: 2,994
      • Total interior livable area: 2,994 sqft
      • Finished area above ground: 2,994
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: Three Or More
      Lot
      • Size: 4,734 Square Feet
      Details
      • Parcel number: 02130036
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      Materials
      • Asphalt, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt,Fiberglass
      Condition
      • Fixer,Updated/Remodeled
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Lorain Villas
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $92/sqft
      • Tax assessed value: $176,500
      • Annual tax amount: $4,133
      • Date on market: 8/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Listed for sale$274,900+52.7%$92/sqft
        Source: MLS Now #5234911 Report a problem
        6/6/2022Sold$180,000-2.7%$60/sqft
        Source: MLS Now #4338400 Report a problem
        6/6/2022Pending sale$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        4/18/2022Contingent$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        2/28/2022Listed for sale$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        2/21/2022Contingent$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        2/1/2022Listed for sale$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        12/16/2021Contingent$185,000$62/sqft
        Source: MLS Now #4338400 Report a problem
        12/13/2021Listed for sale$185,000+37%$62/sqft
        Source: MLS Now #4338400 Report a problem
        12/30/2017Listing removed$135,000$45/sqft
        Source: Russell Real Estate Services #3947089 Report a problem
        12/30/2017Listed for sale$135,000+8%$45/sqft
        Source: Russell Real Estate Services #3947089 Report a problem
        12/13/2017Sold$125,000-7.4%$42/sqft
        Source: MLS Now #3947089 Report a problem
        11/7/2017Pending sale$135,000$45/sqft
        Source: Russell Real Estate Services #3947089 Report a problem
        10/9/2017Listed for sale$135,000-3.5%$45/sqft
        Source: Russell Real Estate Services #3947089 Report a problem
        3/30/2017Listing removed$139,900$47/sqft
        Source: Keller Williams - Greater Cleveland West #3858901 Report a problem
        11/10/2016Listed for sale$139,900+52.1%$47/sqft
        Source: Keller Williams Grt Cleve West #3858901 Report a problem
        2/20/2007Sold$92,000+24.3%$31/sqft
        Source: Public Record Report a problem
        1/26/1995Sold$74,000$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,133 +0%$61,780
        2024$4,131 -5.6%$61,780 +9.5%
        2023$4,374 +0.6%$56,420
        2022$4,349 +0.9%$56,420
        2021$4,308 +11.5%$56,420 +29%
        2020$3,865 +8%$43,750
        2019$3,580 +1.3%$43,750
        2018$3,535 +55.1%$43,750 +62.3%
        2017$2,279 +0.8%$26,960
        2016$2,261 $26,960
        2015$2,261 -5.4%$26,960 -4.9%
        2014$2,389 -69.3%$28,360
        2013$7,778 +66.4%$28,360
        2012$4,675 +129%$28,360 -12%
        2011$2,042 +2.7%$32,210
        2010$1,989 +546.9%$32,210
        2009$307 -84.4%$32,210 -4.6%
        2008$1,969 +3.3%$33,780
        2007$1,906 +0.1%$33,780
        2006$1,904 +20.7%$33,780 +27%
        2005$1,577 +1.2%$26,600
        2004$1,559 +1.1%$26,600
        2003$1,542 +0.9%$26,600
        2002$1,528 -41.2%$26,600
        2001$2,599 +4.5%$26,600
        2000$2,487 $26,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Jefferson

        Getting around

        77 / 100
        Very Walkable
        49 / 100
        Some Transit
        61 / 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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