3278 W 117th Street Cleveland, OH $ 289,000
3278 W 117th Street
$ 289,000
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3278 W 117th Street

Cleveland, OH, 44111
$ 289,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,779

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Multi-Family Home for sale in Cleveland, OH

for $289,000 with 6 bedrooms and 2 full baths. This home was built in 1928 on a lot size of 0.1591.

**CASH COW** This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1,000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1,700 per unit for the apartments, the total monthly income potential approaches $4,400—making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fundamentals already in place.

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Multi-Family Active

Price

$ 289,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,332

Style

Lot Size

0.1591

Year Built

1928

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5205123

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Negotiable
Roof Asphalt Fiberglass
Construction Materials Vinyl Siding
Year Built 1928
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Triplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name A J Marvins Resub
Garage Y/N false
Full Baths 2
Status Active
Directions NA
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 3332
Home Warranty Y/N false
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 Triplex
Legal Description 20 MARVIN 0004 ALL
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 0.1591
Number of Buildings 1
Lot Size Acres 0.1591
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Tarina M Sidoti

Listing Agent

Berkshire Hathaway Homeservices Professional Realty

Broker

tarina.sellshomes@yahoo.com

Email

Affordability Calculator

$2,057
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,779
Monthly Property Taxes
$278
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
Pricing History
DatePricePrice ChangeDescription
5/1/2026$289,000 Listed Price

Map


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3278 W 117th Street, Cleveland, OH, 44111 is a Multi-Family Home for sale at $289,000 with a lot size of 0.1591. 3278 W 117th Street has 6 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 44111 which is in Cleveland, OH