BEDS8
BATHS3 full
SQUARE FEET3,780
MLS#5222113
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFrank E Bliss Allotment
SCHOOLCleveland Municipal - 1809
Property Description
Welcome to 3929 Riverside Avenue. An exceptional income-producing multifamily property located on Cleveland's sought-after west side, just minutes from the highway and the renowned MetroHealth Medical Center. Fully renovated and designed for strong rental performance, maximizing rental income potential ranging from $3,500 to $3,700 of gross rent. This property offers an outstanding opportunity for investors seeking reliable cash flow or owner-occupants looking to significantly reduce housing costs through rental income. The property features a spacious first-floor unit with 3 bedrooms and 1 full bathroom, while the expansive upper unit spans the second and third floors and includes 5 bedrooms and 2 full bathrooms. Meticulously renovated from top to bottom, the property showcases all-new mechanical systems updated in 2026, including electrical, plumbing, HVAC, drywall, kitchens, and bathrooms. Additional improvements include waterproof luxury vinyl plank flooring throughout, contemporary finishes, and quality craftsmanship designed to enhance durability, minimize maintenance, and attract long-term tenants. Move-in ready and positioned within a strong rental market, this turnkey asset offers immediate income potential, low anticipated capital expenditures, and excellent long-term investment value.
Property Features
Property Type: Multi Unit - Multiple
Basement: Interior Entry, Storage Space, Unfinished, Walk-Up Access
Basement: Yes
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $2,314 / year
Year Built: 1914
Amenities
Eat-in Kitchen
Stone Counters
Recessed Lighting
Storage
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 1
Exterior: Frame, Plaster
Laundry: In Unit
Lot: < 1/2 Acre, Flat, Level
Parcel#: 015-17-144
Parking: Concrete, Driveway
Security: Smoke Detector(s)
Sewer: Public Sewer
View: Neighborhood
Water: Public
Window: Double Pane Windows
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: jennifer.allen@clevelandteam.com, 440-796-4833
Shown By
Agent Name: Dawn Thomas
Agent Phone: Cell: (937) 554-5626
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,899.01 per month $1,621.62 Principal & Interest $192.83 Property Tax $84.55 Homeowner's Insurance
3929 Riverside Avenue | MLS# 5222113
This multi-family property located at 3929 Riverside Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $289,900. Riverside Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on dawnthomas.ikeyrealty.com today.