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  • $390,000

    3272 Fulton Rd, Cleveland, OH 44109

    8beds
    4,189sqft
    Quadruplex, Multi Family
    Built in 1905
    -- sqft lot
    $390,400 Zestimate®
    $93/sqft
    $-- Estimated rent

    Home value

    $390,400

    $367,000 - $414,000

    Not available

    Zestimate® history
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    What's special

    Private laundry roomFreshly poured driveway
    Turn-Key Cash-Flowing 4-Unit Investment Opportunity! Don’t miss this rare opportunity to own a fully renovated four-unit multifamily property generating exceptional income from day one. Each spacious unit features 2 bedrooms, 1 bathroom, and its own private laundry room—a highly desirable amenity for tenants. With projected rents of approximately $1,250 per month per unit, this property offers up to $5,000 in monthly gross rental income. This building has been completely updated from top to bottom, providing true turn-key ownership and minimal maintenance concerns for years to come. Major improvements include all-new plumbing, electrical, HVAC systems, furnaces, kitchens, and a freshly poured driveway. There isn’t a corner of this property that hasn’t been thoughtfully renovated. Investors will appreciate the exceptional cash-flow potential, with rents supporting performance well above the coveted 1% rule. Adding to the strong financials are incredibly low property taxes of just $2,145 per year, helping maximize your net operating income and overall return on investment. Ideally located just minutes from Downtown Cleveland, Cleveland Clinic, and Lake Erie, the property offers convenient access to major employers, world-class healthcare, dining, entertainment, and recreation—making it highly attractive to prospective tenants. Whether you’re a seasoned investor looking to expand your portfolio or a first-time multifamily buyer seeking a high-performing asset, this property check Listed to sell quickly—schedule your showing today and start generating returns from day one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Billy Seder 216-215-0000 billyseder@howardhanna.com,

    Howard Hanna

    Bought with:

    Ronaldo Rodriguez Jr, 2023004562

    Fathom Realty

    Source: MLS Now,MLS#: 5218450

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 4,189
    • Total interior livable area: 4,189 sqft
    • Finished area above ground: 3,724
    • Finished area below ground: 465

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,963 Square Feet
    Details
    • Parcel number: 01503031

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Updated/Remodeled
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: James C Bartletts Allotment
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $93/sqft
    • Tax assessed value: $56,400
    • Annual tax amount: $2,046
    • Date on market: 6/12/2026
    • Cumulative days on market: 18 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/4/2026Sold$390,000-2.5%$93/sqft
    Source: MLS Now #5218450 Report a problem
    6/29/2026Pending sale$399,900$95/sqft
    Source: MLS Now #5218450 Report a problem
    6/17/2026Price change$399,900-5.9%$95/sqft
    Source: MLS Now #5218450 Report a problem
    6/12/2026Listed for sale$424,900+286.3%$101/sqft
    Source: MLS Now #5218450 Report a problem
    11/21/2025Sold$110,000+175%$26/sqft
    Source: Public Record Report a problem
    12/30/2021Sold$40,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,043 +0.2%$19,740
    2024$2,038 +17%$19,740 +13.3%
    2023$1,742 +0.1%$17,430
    2022$1,739 -0.3%$17,430
    2021$1,744 +5.8%$17,430 +9.9%
    2020$1,649 -28.6%$15,860
    2019$2,309 +52.5%$15,860
    2018$1,514 +55.2%$15,860 +65.2%
    2017$975 +37.2%$9,600 +77.8%
    2016$711 -28.3%$5,400
    2015$991 -14%$5,400 -11.9%
    2014$1,153 $6,130
    Find assessor info on the county website

    Neighborhood: Clark Fulton

    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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