3279 W 44th StreetCleveland, OH 44109

3279 W 44th StreetCleveland, OH 44109

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$180,000 Active
Multi Unit - Multiple MLS 5190329 New to the Market
6 beds 2 full baths 2,203 sqft

Listed By

Agency Name: Real of Ohio
Agency Contact: rich@theganimgroup.com, 440-781-1374

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Turnkey on top, steady income below. This up and down duplex in the heart of Cleveland offers exactly what smart investors look for: immediate upside and built in stability. Each unit features three bedrooms, one full bath, and about 1,028 square feet of comfortable living space. The layouts are practical and easy to rent, with generous room sizes and natural light that make both units feel inviting and livable. The upstairs unit has been completely remodeled with fresh paint, updated flooring, and a renovated bathroom that gives the space a clean, modern feel. It is move in ready and positioned to command strong market rent in the $1,300 to $1,400 per month range. For an investor focused on returns, that kind of rental potential matters. Downstairs, you have something just as valuable: consistency. The lower unit is tenant occupied by a long term resident who would love to stay. They are currently paying below market rent, which creates a clear opportunity for future upside while providing dependable income from day one. No scrambling to fill both units. No guesswork. Both units are equipped with newer furnaces, helping reduce near term maintenance concerns and giving added confidence in the mechanical systems. That means fewer surprise expenses and more predictable cash flow. From a numbers standpoint, this property has the potential to meet or even beat the 1 percent rule, making it a strong addition to a rental portfolio. Whether you are expanding an existing portfolio or securing your first multifamily investment, this duplex checks the boxes: updated condition, rental upside, long term tenant stability, and solid mechanical updates. Opportunities like this do not sit around for long. If you have been waiting for a property that blends smart improvements with reliable income and room to grow, this is the one worth a closer look.

3279 W 44th Street | MLS# 5190329

This multi-family property located at 3279 W 44th Street, Cleveland, OH 44109 is currently listed for sale with an asking price of $180,000. W 44th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 3
Heating: Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,441 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding
Fencing: Chain Link, Full, Wood
Parcel#: 015-01-014
Parking: Driveway, No Garage, None, Deck, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3279 W 44th Street, Cleveland, OH 44109
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,134.14 per month $878.22 Principal & Interest $203.42 Property Tax $52.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage