3202 Whitman Avenue, Cleveland, OH 44113

$375,000
4
BD
4
BA
2,310
SqFt

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Sold Price
$375,000
List Price
$365,000
Status
CLOSED
Days on Market
165
Closing Date
Aug 07, 2026
MLS#
5188503
Subtype
Residential Income
Year Built
1895
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
2,310
Acres
0.08
MLS Area Major
Cleveland

Property Description

Located in the heart of Ohio City, one of Cleveland’s strongest rental submarkets, this four-unit property offers immediate income with significant upside. Three of the four units are currently occupied on month-to-month leases, providing in-place cash flow while allowing flexibility for repositioning or rent adjustments to market rate. One vacant one-bedroom unit (approximately 450 SF) creates an immediate opportunity for lease-up or owner-occupancy. While current financials are limited due to inherited ownership, market rents in Ohio City for comparable 1 bed / 1 bath units commonly range between $800–$1,200+ per month, depending on size, condition, and finishes. With separate entrances and a corner lot location near West 25th, this asset checks the boxes for: long-term hold, value-add reposition, house-hack strategy, and portfolio expansion in a high-demand corridor. In Ohio City, scale at this price point is increasingly rare.

Additional Information

Exterior Features
Private Entrance
Taxes
$9,158
Heating
Forced Air
Air Conditioning
None, Other
Stories
2
Levels
Two
Roof
Asphalt, Shingle
Parking Features
No Garage, On Street, Unassigned
School District
Cleveland Municipal - 1809
View
City, Park/Greenbelt

Listing Courtesy of: Denise M Zervos, Zervos@ContactPlatinum.com With Platinum Real Estate

Selling Office: Howard Hanna.

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