50
See all 50 photos
$599,900
Est. payment /mo
10,358 Sqft Lot
New
3812 Mapledale AVE Cleveland, OH 44109
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Fish Heirs
MLS Listing ID 5259338
HOA Y/N No
Year Built 1920
Annual Tax Amount $10,702
Tax Year 2025
Lot Size 10,358 Sqft
Acres 0.2378
Property Sub-Type Apartment
Property Description
An excellent opportunity for investors seeking strong rental income and long term potential in Cleveland. This property features six spacious 2 bedroom, 1 bathroom units and is currently generating an impressive $7,126 in monthly rental income, totaling $85,512 annually. With an attractive 12% ROI, this property presents an exceptional opportunity for investors looking to maximize returns while expanding their portfolio. Conveniently located near Ohio City, Tremont, Downtown Cleveland and MetroHealth Medical Center, the property benefits from proximity to major employment centers, medical facilities, and everyday amenities that support consistent rental demand. With substantial income already in place, this property offers an appealing combination of location, unit mix, and established cash flow. With a 12% ROI and $85,512 in annual rental income, this six unit property represents an attractive opportunity to secure consistent cash flow, strengthen your investment portfolio, and capitalize on Cleveland's thriving multifamily rental market.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Composition
Present Use Multi-Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-18-135
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Armani Adames • RE/MAX Above & Beyond • adamesarmani.aa@gmail.com, 216-370-8550
GET MORE INFORMATION