3423 E 140th St Cleveland, OH 44120
Mount Pleasant NeighborhoodEstimated payment $1,573/month
Highlights
- Balcony
- Forced Air Heating System
- Level Lot
About This Home
Well-maintained 4-unit apartment building offering immediate cash flow with value-add upside. Three units are currently occupied at $850/month, with one vacant unit needing minor updates that could support higher rent once completed. All units feature 2 bedrooms and 1 bathroom. Tenants pay their own gas and electric, helping keep operating expenses low. Property is lead certified and provides a solid foundation for investors looking to increase returns through light improvements and rent growth. Roof is older and priced accordingly. Conveniently located near the shops, restaurants, and transit of Shaker Square and Shaker Town Center, making it an attractive rental location with consistent demand. Strong opportunity to increase income while collecting rents from day one.
Listing Agent
Keller Williams Living Brokerage Email: Erinthomas@kwcommercial.com, 440-670-2300 License #2019005940 Listed on: 01/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,595
Year Built
- Built in 1925
Lot Details
- 5,201 Sq Ft Lot
- Level Lot
Parking
- Paved Parking
Home Design
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- Rapid Transit Land Cos Shaker Subdivision
Listing and Financial Details
- Assessor Parcel Number 130-13-101
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 |
|---|---|---|---|---|
| 2024 | $3,595 | $34,825 | $2,730 | $32,095 |
| 2023 | $2,185 | $21,880 | $3,050 | $18,830 |
| 2022 | $2,182 | $21,880 | $3,050 | $18,830 |
| 2021 | $2,189 | $21,880 | $3,050 | $18,830 |
| 2020 | $2,030 | $19,530 | $2,730 | $16,800 |
| 2019 | $1,911 | $55,800 | $7,800 | $48,000 |
| 2018 | $1,263 | $14,000 | $2,730 | $11,270 |
| 2017 | $1,187 | $11,690 | $2,310 | $9,380 |
| 2016 | $1,188 | $11,690 | $2,310 | $9,380 |
| 2015 | $3,794 | $11,690 | $2,310 | $9,380 |
| 2014 | $3,794 | $13,930 | $2,730 | $11,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/06/2026 02/06/26 | Pending | -- | -- | -- | |
| 01/29/2026 01/29/26 | For Sale | $239,900 | +37.1% | $39 / Sq Ft | |
| 11/21/2023 11/21/23 | Sold | $175,000 | +3.0% | $42 / Sq Ft | View Prior Sale |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- | |
| 10/05/2023 10/05/23 | For Sale | $169,900 | +230.5% | $41 / Sq Ft | |
| 06/11/2018 06/11/18 | Sold | $51,400 | -6.4% | $6 / Sq Ft | View Prior Sale |
| 05/11/2018 05/11/18 | Pending | -- | -- | -- | |
| 04/28/2018 04/28/18 | For Sale | $54,900 | -- | $7 / Sq Ft |
Source: MLS Now
MLS Number: 5181531
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