Skip main navigation
Active
  • $240,000

    3408 Riverside Ave, Cleveland, OH 44109

    5beds
    3,596sqft
    : 
    Triplex, Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $-- HOA

    What's special

    Refreshed exteriorThree finished levelsLarge drivewayFull basementModern furnacesLow-maintenance vinyl sidingUpdated vinyl windows
    Attention investors—excellent opportunity on Cleveland’s desirable west side! Spacious 3-family w/2-car garage & offers strong income potential or ideal owner-occupant flexibility. Perfect for multi-generational living or adding a solid asset to your portfolio. Refreshed exterior features low-maintenance vinyl siding, updated vinyl windows, updated roof, and a brand-new composite front porch—perfect for relaxing. A large driveway & expansive yard provide ample parking and outdoor space, all on a quiet, investment-friendly street w/convenient access to highways, shopping, & local attractions. Property offers three finished levels. First & second floors are spacious, light-filled 2-bedroom units w/generous living areas & large kitchens designed to attract & retain quality tenants. Third floor is a roomy 1-bedroom efficiency w/great natural light & functional layout. Separate electric meters are in place, w/water on a single meter. Full basement includes updated electrical panels, water tanks (2012), modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating excellent cash flow—estimated at approximately $3,100/month when fully occupied. Currently vacant & easy to show with immediate occupancy possible. Serious buyers only—no wholesalers or owner financing.
    1 day
    |
    339
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listing Provided 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#: 5205627MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • 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: 7,840.8 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: $67/sqft
      • Tax assessed value: $120,000
      • Annual tax amount: $2,810
      • Date on market: 5/2/2026
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        $1,675/mo
        Principal & interest
        $1291
        Property taxes
        $384
        More affordability tools

          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.

          A local agent can set up tours, give advice and negotiate with sellers.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel