Investment Opportunity: Dual-Unit Property with Additional Income Potential
Are you looking to enhance your rental portfolio or live in one unit while earning rental income from the others? This property presents an exceptional opportunity!
This unique investment features a front duplex with substantial income potential. The downstairs unit is a spacious 3-bedroom, 1-bathroom residence currently rented to a long-term tenant for $700 per month. The upstairs unit, a recently updated 2-bedroom, 1-bathroom space, is freshly painted and ready for a new tenant, with potential rental income of $950 to $1,000 per month.
Additionally, the property includes a 3-bedroom, 1.5-bathroom single-family home at the back of the lot. This unit requires renovation, but once completed, it could generate an extra $1,100 to $1,300 per month.
With a total potential income of $2,500 to $3,000 per month, this property is a fantastic investment opportunity that you won’t want to miss!
This property features two distinct buildings.
- **Front Building Duplex:** The upstairs unit is readily accessible for showings.
- **Back Building SFH:** This unit requires a complete renovation. Showings for the back house can only be conducted with a signed waiver release emailed to the listing agent.
The lower unit in the front building is currently rented to a long-term tenant and will only be available for viewing once the property has an accepted offer. Please respect the tenant's privacy and do not disturb them.
**Utilities:** The tenants cover all utilities except for water and sewer.
Sold for $117,500 on 12/05/24
$117,500
3808 W 33rd St, Cleveland, OH 44109
8beds
3,899sqft
Triplex, Multi Family
Built in 1900
-- sqft lot
$256,700 Zestimate®
$30/sqft
$1,243 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 06, 2024 at 09:59am
Listing Provided by:
Chera D Ihnat cherasellshomes@gmail.com440-487-5365,
HomeSmart Real Estate Momentum LLC
Bought with:
Joshua Janus, 2021008169
Key Realty
Source: MLS Now,MLS#: 5080820
Originating MLS: Lake Geauga Area Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,899
- Total interior livable area: 3,899 sqft
- Finished area above ground: 3,899
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,151 sqft
Details
- Parcel number: 01524051
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Betts & Ribbins
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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