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3438 E 140th Street Cleveland, OH $ 299,900
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3438 E 140th Street
$ 299,900
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3438 E 140th Street

Cleveland, OH, 44120
$ 299,900
Bedrooms8 Baths4.0 Sq 4,146

Monthly Estimate*

$ 1,847

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Multi-Family Home for sale in Cleveland, OH

for $299,900 with 8 bedrooms and 4 full baths. This 4,146 square foot home was built in 1924 on a lot size of 0.1398.

Excellent investment opportunity at 3438 E 140th St in Cleveland! This solid brick four-unit property offers strong cash flow potential with three occupied units and one vacant unit ready for lease or owner occupancy. Each spacious unit features 2 bedrooms, 1 full bath, and approximately 800 square feet with practical layouts that attract long-term tenants. Current gross monthly income is $2,340 with additional upside by leasing the vacant unit at market rent, creating immediate value-add potential for investors. Tenants pay gas and electric, while the owner covers water, sewer, taxes, snow removal, and repairs. Built in 1924 and updated/remodeled over time, this well-maintained quadruplex offers over 6,200 total square feet, including more than 4,100 above grade plus a full unfinished basement. The basement provides common laundry area access with electric dryer hookup and washer hookups. Property features include forced air heating, ceiling fans, energy-efficient lighting and windows, and efficient hot water distribution. Appliances include ranges, refrigerators, smoke detectors, and CO detectors in units. Situated on a level 0.14-acre lot in the Rapid Transit Land Cos Shaker subdivision, the property offers a detached 4-car garage, and additional driveway parking, a major bonus for tenant retention. Brick exterior construction and asphalt shingle roof contribute to long-term durability and lower exterior maintenance. Public water and sewer services are in place. Conveniently located with access to Kinsman Road, public transportation, shopping, schools, and major highways, this property sits within the Cleveland Municipal School District and remains attractive to renters seeking accessibility and value. With solid rental history, strong occupancy, and opportunity to increase rents over time, this income-producing asset presents an excellent addition to any portfolio. This property offers stability, income, and long-term appreciation potential.

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Multi-Family Active

Price

$ 299,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,595

Style

Lot Size

0.1398

Year Built

1924

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5189373
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Ceiling Fan(s) None
Possession Delivery Of Deed
Roof Asphalt Shingle
Appliances Range Refrigerator
Garage Spaces 4
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick
Year Built 1924
Tenant Pays Electricity Gas
View City Lights City Neighborhood
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Gross Income 3140
Community Features None
County Cuyahoga
Property Type Residential Income
Attached Garage false
Energy Efficient HVAC Lighting Windows
Subdivision Name Rapid Transit Land Cos Shaker
Garage Y/N true
Green Water Conservation Efficient Hot Water Distribution
Total Rooms 16
Full Baths 4
Status Active
Directions Kinsman Road to East 137th Street to Byron Avenue to East 140th Street
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Spaces 0
Carport Y/N false
Tax Annual Amount 3595
Home Warranty Y/N true
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Quadruplex
Legal Description 446 RTLD#5 0196 ALL
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Interior
Basement Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 4146
Half Baths 0
Laundry Features Common Area Washer Hookup Electric Dryer Hookup In Basement
Total Bedrooms 8
Below Grade Finished Area 2073
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 4
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Exterior
Fencing None
Parking Features Driveway Detached Garage
Lot Features < 1/2 Acre Cleared Flat Front Yard Landscaped Level
Water Source Public
Lot Size Area 0.1398
Number of Buildings 1
Lot Size Acres 0.1398
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Majdey Taye

Listing Agent

Re/Max Transitions

Broker

TheTayeGroup@gmail.com

Email

Affordability Calculator

$2,146
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4457981 Elementary School
4457986 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/13/2026 $299,900 Listed Price

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3438 E 140th Street, Cleveland, OH, 44120 is a Multi-Family Home for sale at $299,900 with 4,146 sqft and a lot size of 0.1398. 3438 E 140th Street has 8 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 44120 which is in Cleveland, OH

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