3334 W 82nd St - 4 Units
Cleveland

3334 W 82nd St - 4 Units

3334 West 82nd St, Cleveland, OH 44102

Price

$199,000

Units

4

Cap Rate

5.47%

NOI

$10,893

Price / Unit

$4,975

Occupancy

50%

Year Built

1910

Type

2-4 Units

Proforma

Cap Rate

12.51%

NOI

$24,900

About This Property

Four-unit investment property on Cleveland's west side offered at just $49,750/door — currently generating $10,893 in annual NOI at a 5.47% cap rate with two of four units occupied, leaving meaningful upside as the remaining units are leased. Built in 1910, this well-constructed multi-family sits in the 44102 zip code with easy access to I-90, I-71, and I-480, making it a consistently rentable location for Cleveland's west-side workforce. The proforma tells the better story: fully leased at market rents, NOI climbs to $24,900 and the cap rate reaches 12.51%. Go-and-show for qualified buyers.

Photos

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