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Larry Greenwood
REALTOR®

4500 W 39th Street, Cleveland, OH 44109

$359,900
  • 4500 W 39th Street, Cleveland, OH 44109 Main Photo
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BEDS9 BATHS4 full SQUARE FEET2,912 MLS#5241709
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBrkter SCHOOLCleveland Municipal - 1809

Property Description

Prime Investment Opportunity Boasting A Current 8% Cap Rate In Cleveland's Thriving Rental Market. Two Houses On One Lot - A Triplex With Three 2-Bedroom, 1-Bathroom Units, And A Single-Family Home With 3 Bedrooms And 1 Bathroom. All Units Are Fully Occupied And Generate A Combined $3,925 In Monthly Rental Income, Making This Perfect For Investors Looking For Immediate Cash Flow And Long-Term Appreciation. Two Units Of The Triplex Have Been Completely Remodeled, Including New Kitchens And Bathrooms. Kitchen Upgrades Include New Cabinets, Tile Backsplash, Countertops, Fixtures, And LVP Flooring. Bathroom Updates Include Tub/Shower Surround, New Vanity, Fixtures, And LVP Flooring. Additional Triplex Upgrades Include Fresh Paint And New Carpet Throughout, New Water Heater, New Furnace, New Vinyl And Glass Block Windows, And A New Roof. The Single-Family Home Has Been Completely Remodeled, Providing A Comfortable Living Space. The All-New Kitchen Has Been Upgraded With New Cabinets, Countertops, Fixtures, And LVP Flooring. The Bathroom Has Been Updated With A New Tub/Shower Combo, Vanity, Fixtures, And LVP Flooring. Additional Upgrades To The Single-Family Home Include Fresh Paint And New Carpet Throughout, New Hot Water Tank, New Furnace, And New Gutters. Whether You're A Seasoned Investor Or Just Starting To Build Your Rental Portfolio, This Is An Opportunity You Won't Want To Miss! No Wholesalers - Seller Will Not Allow The Buyer To Assign The Contract To Another Party Prior To Closing. Seller Financing, Creative Financing, And Subject To Offers Will Not Be Considered.

4500 W 39th Street | MLS# 5241709

This multi-family property located at 4500 W 39th Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $359,900. W 39th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on lgreenwood.sulekandexperts.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $3,651 / year
Year Built: 1904

Feature Descriptions

Exterior: Aluminum Siding, Frame, Vinyl Siding
Parcel#: 011-07-020
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: wendysellscle@gmail.com, 216-834-9987

Shown By

Agent Name: Larry Greenwood
Agent Phone: (740) 391-9702
Agency Title: Sulek & Experts Real Estate

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Estimated Payment

$ 1,210.20 per month $800.98 Principal & Interest $304.25 Property Tax $104.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/04/2026. The listing information on this page last changed on 09/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/04/2026 12:00:01 AM EST) or Wheeling MLS (last updated Thu 09/03/2026 10:37:19 PM EST) or MLS NOW (last updated Thu 09/03/2026 11:57:47 PM EST). Real estate listings held by brokerage firms other than Sulek & Experts Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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