3408 Riverside Ave Cleveland, OH 44109
Brooklyn Centre NeighborhoodEstimated payment $1,476/month
About This Home
Attention investors—excellent opportunity on Cleveland’s desirable west side! Situated on a quiet residential street, this spacious 3-family property offers strong income potential, owner-occupant flexibility, or ideal multi-generational living. Set on an extra-wide 64x130 lot, this is a rare chance to add a solid asset to your portfolio. Refreshed exterior features newer low-maintenance vinyl siding, vinyl windows, newer roof, plus a beautiful composite front porch perfect for relaxing. A large driveway for ample parking, 2-car garage, expansive yard (64x130 lot) provide ample parking and outdoor space. Conveniently located near highways, shopping, dining, and local attractions. Property offers three finished levels. The first and second floor units are spacious, light-filled 3-bedroom layouts w/generous living areas & large kitchens designed to attract/retain quality tenants. Third-floor unit is a roomy/comfortable 1-bedroom efficiency w/great natural light & functional floor plan. Separate electric meters are already in place, with water on a single meter. Full basement includes updated electrical panels, water tanks (2012), and modern furnaces (ages unknown). With some interior cosmetic updates, this property has the potential to become a true standout while generating impressive cash flow—estimated at approximately $3,100 per month when fully occupied. Currently vacant with immediate occupancy possible and easy to show. Serious qualified buyers only. No wholesalers or owner financing.
Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #426983 Listed on: 05/12/2026
Co-Listing Agent
Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #436731
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,810
Year Built
- Built in 1890
Lot Details
- 7,841 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 015-19-067
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,810 | $42,000 | $8,610 | $33,390 |
| 2024 | $2,808 | $42,000 | $8,610 | $33,390 |
| 2023 | $2,027 | $26,150 | $4,970 | $21,180 |
| 2022 | $2,016 | $26,145 | $4,970 | $21,175 |
| 2021 | $2,562 | $26,150 | $4,970 | $21,180 |
| 2020 | $1,790 | $20,270 | $3,850 | $16,420 |
| 2019 | $1,658 | $57,900 | $11,000 | $46,900 |
| 2018 | $1,761 | $20,270 | $3,850 | $16,420 |
| 2017 | $1,885 | $22,300 | $4,170 | $18,130 |
| 2016 | $1,871 | $22,300 | $4,170 | $18,130 |
| 2015 | $6,992 | $22,300 | $4,170 | $18,130 |
| 2014 | $6,992 | $23,460 | $4,380 | $19,080 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2026 05/12/26 | For Sale | $229,000 | -- | $64 / Sq Ft |
Source: MLS Now
MLS Number: 5209369
APN: 015-19-067
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Ask me questions while you tour the home.