3983 Elmwood Road Cleveland Heights, OH $ 309,000
3983 Elmwood Road
$ 309,000
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3983 Elmwood Road

Cleveland Heights, OH, 44121
$ 309,000
Bedrooms6 Baths2.2 Sq 3,620

Monthly Estimate*

$ 1,928

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Multi-Family Home for sale in Cleveland Heights, OH

for $309,000 with 6 bedrooms and 2 full baths, 2 half baths. This 3,620 square foot home was built in 1929 on a lot size of 0.1679.

INVESTMENT HIGHLIGHT: UPDATED 3-BED/1.5-BATH DUPLEX IN CLEVELAND HEIGHTS Welcome to 3983 Elmwood, a truly impressive Tudor-style duplex designed for immediate, high-yield income. Sitting on a desirable corner lot, this side-by-side configuration provides the ideal setup with two completely private front entrances, enhancing tenant satisfaction and curb appeal. Exceptional Renovations: Refinished within the last four years, this property requires minimal maintenance. Updates include a new roof and completely refreshed interiors featuring new kitchens with stainless steel appliances. 1.5 bathrooms with clean tile showers. Tenant & Owner Benefits: Income: Total current gross rents of $2,900/month ($34,800 annually). Utilities: Peace of mind with separate meters for ALL utilities (gas, electric, water). Layout: Both units feature a spacious 3-bedroom, 1.5-bathroom layout. Parking: Each tenant is allocated one space in the detached garage, plus ample driveway parking. Amenities: Separate private basements with washer/dryer hookups and a shared large back deck. Located in a sought-after area of Cleveland Heights, this property is just a quick drive (under 10 minutes) to the dining and entertainment hubs of Cedar-Lee, Coventry Village, and the renowned institutions of University Circle. This is a true turnkey asset ready for a savvy investor.

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Multi-Family Active

Price

$ 309,000

Bedrooms

6

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 4,873

Style

Lot Size

0.1679

Year Built

1929

Town/City

Cleveland Heights

County/Region

Cuyahoga

MLS | Web ID

5164854

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Shingle
Appliances Range Refrigerator
Garage Spaces 2
Construction Materials Frame
Year Built 1929
Tenant Pays All Utilities Electricity Gas Water
Stories Count 2
Township Cleveland Heights
Levels Two
Property Subtype Duplex
Tax Year 2024
Gross Income 34800
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Ardmore
Garage Y/N true
Total Rooms 12
Full Baths 2
Status Active
Directions Mayfield to Noble to Elmwood
City Cleveland Heights
High School District Cleveland Hts-Univer - 1810
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 4873
Home Warranty Y/N false
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Hts-Univer - 1810
Elementary School District Cleveland Hts-Univer - 1810
Year Built Source Assessor
Property Sub Type Additional Duplex
Legal Description 21 ARDMORE &S/L186 SWP 0185 SP
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Above Grade Finished Area 3620
Half Baths 2
Laundry Features In Basement
Total Bedrooms 6
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 4
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.1679
Number of Buildings 1
Lot Size Acres 0.1679
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Alex Vallejos

Listing Agent

Keller Williams Greater Cleveland Northeast

Broker

atvallejos@kw.com

Email

Affordability Calculator

$2,334
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,928
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457876 Elementary School
4458004 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$309,000 -2.83% Price Down
10/16/2025$318,000 Listed Price

Map


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3983 Elmwood Road, Cleveland Heights, OH, 44121 is a Multi-Family Home for sale at $309,000 with 3,620 sqft and a lot size of 0.1679. 3983 Elmwood Road has 6 bedrooms, 2.2 baths, and was built in 1929. The property's zip code is 44121 which is in Cleveland Heights, OH