Exceptional investment opportunity in the heart of Ohio City’s sought-after SOLO neighborhood (44113). This well-positioned 4-unit property sits on an oversized 60’ x 114’ parcel, offering both immediate income and future upside.
Each unit features 1 bedroom, 1 bath, in-unit laundry, and separately metered gas and electric—ideal for efficient management and tenant independence. The property is currently income-producing with clear value-add potential through strategic updates.
Zoned 4090-C (4–6 Unit Apartments), the site presents a rare opportunity for further development. Investors may explore adding an additional structure (such as a duplex), subject to city approval, and potential tax abatement opportunities—enhancing long-term returns in a rapidly appreciating area.
Closed
$358,750
3617 Siam Ave, Cleveland, OH 44113
4beds
2,336sqft
Quadruplex, Multi Family
Built in 1870
-- sqft lot
$360,300 Zestimate®
$154/sqft
$1,679 Estimated rent
Home value
$360,300
$339,000 - $382,000
$1,679/mo
Zestimate® history
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$2,496/mo
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Zillow last checked:
Listing updated:
Listed by:
Roger J Scheve 440-477-1188 rogers@remax.net,
RE/MAX Above & Beyond,
Roxana A Galateanu 216-324-1054,
RE/MAX Above & Beyond
Bought with:
Oliver Moreau, 2023002245
Progressive Urban Real Estate Co
Source: MLS Now,MLS#: 5195281
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Other
Appliances
- Laundry: In Unit
Features
- Basement: Common Basement,Exterior Entry
Interior area
- Total structure area: 2,336
- Total interior livable area: 2,336 sqft
- Finished area above ground: 2,336
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 3,049 Square Feet
- Features: Back Yard, City Lot
Details
- Parcel number: 00707074
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ohio City
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $154/sqft
- Annual tax amount: $3,409
- Date on market: 3/23/2026
- Cumulative days on market: 38 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $358,750-6.8%$154/sqft |
Source:  MLS Now #5195281 Report a problem | ||
| 4/28/2026 | Pending sale | $385,000$165/sqft |
Source: MLS Now #5195281 Report a problem | ||
| 4/8/2026 | Listed for sale | $385,000$165/sqft |
Source: MLS Now #5195281 Report a problem | ||
| 3/24/2026 | Contingent | $385,000$165/sqft |
Source: MLS Now #5195281 Report a problem | ||
| 3/23/2026 | Listed for sale | $385,000-11.1%$165/sqft |
Source: MLS Now #5195281 Report a problem | ||
| 2/1/2025 | Listing removed | $433,000$185/sqft |
Source: MLS Now #5078686 Report a problem | ||
| 10/18/2024 | Listed for sale | $433,000$185/sqft |
Source: MLS Now #5078686 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Ohio City
Nearby homes
- $--1 bd1 ba500 sqft3617 Siam Ave #3, Cleveland, OH 44113Off Market
- $262,7003 bd2 ba1.3k sqft3623 Siam Ave, Cleveland, OH 44113Off Market
- $184,2004 bd1 ba1.6k sqft3611 Siam Ave, Cleveland, OH 44113Off Market
- $4,500-- bd-- ba-- sqft3701 Siam Ave, Cleveland, OH 44113Off Market
- $202,2003 bd2 ba1.8k sqft3708 Bailey Ave, Cleveland, OH 44113Off Market
- $215,7003 bd1 ba1.7k sqft3712 Bailey Ave, Cleveland, OH 44113Off Market
- $253,5004 bd1 ba1.7k sqft3703 Siam Ave, Cleveland, OH 44113Off Market
- $24,0001 bd1 ba665 sqft3702 Bailey Ave, Cleveland, OH 44113Off Market
Nearby schools
GreatSchools rating
- 5/10Orchard SchoolGrades: PK-8Distance: 0.2 mi
- 5/10Garrett Morgan School of Engineering & InnovationGrades: 9-12Distance: 0.8 mi
- 5/10Paul L Dunbar Elementary School @ KentuckyGrades: PK-8Distance: 0.4 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.
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Estimated market value
$360,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$360,300
- Ohio
- Cuyahoga County
- Cleveland
- 44113
- Ohio City
- 3617 Siam Ave
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