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$595,000
31 Days On Site

3250 E 49th Street
Cleveland, OH 44127

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
4,618
SqFt
$129
/SqFt
1963
Built
Subdivision:
Original One Hundred Acre
County:
Cuyahoga
Call Now: 440-617-2500
Is this the home for you? We can help make it yours.
440-617-2500
3250 E 49th Street3250 E 49th Street3250 E 49th Street3250 E 49th Street
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Prime Investment Opportunity – 12-Unit Brick Apartment Building in Historic Slavic Village, Cleveland. Seize this exceptional investment opportunity in this solid three-story, all-brick 12-unit apartment building features (10) one-bedroom and (2) two-bedroom apartments in historic Slavic Village, Cleveland. 10 of 12 units have been renovated within the last 18 months. Seller purchased, vacated the majority of the building, completing approximately $200k in repairs, turns and updates in 2023 & 2024 and is ready to hand it to it's new owner. Current ownership engaged professional management services, helping to stabilize the building. Management co is happy to continue. The building is compliant with City of Cleveland requirements in rental registration and lead safety. Location is ideal - minutes from Downtown Cleveland, with easy access to public transportation, nearby other affordable housing opportunities, and in close proximity to the Slavic Village Redevelopment project. Both on and off street parking options are available. Tenants pay electric, owner pays water/sewer/trash/gas/common areas electric. With a strong rental demand and a professionally managed operation, this property is positioned for long-term cash flow and appreciation. Do

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Listing Snapshot
Price 
$595,000
Days On Site 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,618 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2445 Acres
Year Built 
1963
MLS® Number 
5103335
Status 
Active
Property Tax 
$9,438
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.2445
Number Of Stories 
3
Parking 
AsphaltOff StreetOn Street
Property Sub Type 
Apartment
Sewer 
Public Sewer
SqFt Total 
4618
Stories 
Three Or More
Water Source 
Public
Interior Features
Heating 
Natural GasHot WaterSteam
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Exterior Features
Roof 
Flat
Community Features
Association Dues 
354
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Mark E Miller of Century 21 Carolyn Riley RL. Est. Srvcs, Inc.



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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