For sale

$244,900

Est. $1,709/mo —

•

2,994

sq ft

3477 Berea Rd, Cleveland, OH 44111

About this home

Massive cash flow opportunity at 3477 Berea Road. This legally zoned triplex currently features two 2-bedroom units and one 1-bedroom third-floor unit, with the two main units easily convertible into 3-bedroom units for additional rental upside. Major components include two 2016 furnaces, water heaters from 2013, 2015, and 2022, vinyl windows, vinyl siding, and an approximately 10-year-old roof. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. With three legal units, strong value-add potential, and the ability to increase bedroom count and rents, this property offers excellent cash flow and long-term upside. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a high-cash-flow multifamily asset, this property offers an attractive combination of condition, scalability, and long-term income potential. Contact your favorite realtor for additional information or schedule a showing.

Multi-familyProperty Type

1924Year Built

4,734 sq ftLot Size

$82Price/Sq.Ft.

2 car garageParking

Listed by Kim Lewis • Home Equity Realty Group

Listed by Garrett Rowan • Home Equity Realty Group

Contact: Garrett.Rowan@heqrealty.com; 803-992-1429

Listing updated: Aug 21, 2026 at 08:00pm

Redfin checked: a minute ago

•Source:MLSNOW #5234911

Payment calculator

$1,709 per month

Principal and interest$1,287

Property taxes

$344

HOA dues

Home insurance

$78

Utilities

Add

5 minutes to get started. No credit impact.

Mortgage resources

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 11AM TO 1PM
$279,900
4 beds2 baths1,500 sq ft
7227 Oakwood Rd, Parma, OH 44130
OPEN TODAY, 11AM TO 1PM
$825,000
4 beds3 baths3,282 sq ft
1415 Homestead Creek Dr, Broadview Heights, OH 44147
OPEN TODAY, 12:30PM TO 2PM3D WALKTHROUGH
$419,900
3 beds2 baths1,660 sq ft
19 Third Ave, Berea, OH 44017
OPEN TODAY, 1PM TO 3PM
$947,500
4 beds3.5 baths3,494 sq ft
30951 Kilgour Dr, Westlake, OH 44145
OPEN TODAY, 1PM TO 3PM
$475,000
2 beds2.5 baths1,514 sq ft
1070 Stonewood Ct, Westlake, OH 44145
OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$519,000
5 beds2.5 baths1,834 sq ft
1639 Rosewood Ave, Lakewood, OH 44107
OPEN TODAY, 1PM TO 3PM
$289,900
3 beds2 baths— sq ft
3319 Norris Ave, Parma, OH 44134
OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH
$449,900
4 beds2.5 baths2,489 sq ft
4084 Shelly Dr, Seven Hills, OH 44131
OPEN TODAY, 1PM TO 3PM
$419,000
4 beds3.5 baths1,940 sq ft
7550 Beverly Dr, Independence, OH 44131
OPEN TODAY, 2PM TO 4PM
$235,000
3 beds2.5 baths1,264 sq ft
4163 W 62 St, Cleveland, OH 44144

Around this home

Schools

K - 12
Preschool & daycare

Garfield Elementary School

Public PreK-8 • Assigned • 0.7mi

6/10

The School Of One

Public 8-12 • Assigned • 0.2mi

3/10

John Marshall School of Information Technology

Public 9-12 • Assigned • 0.9mi

3/10

Provided by GreatSchools

About

Jefferson

Jefferson, located between Lake Erie and I-90, is a residential and lakeside Cleveland neighborhood with tree-lined streets and a strong park-and-beach edge. The neighborhood’s character concentrates along West 130th Street near Lorain Avenue, where corner bakeries, barbershops, and long-running taverns set a steady, local rhythm. Brick colonials and mid-century ranches mix with tidy bungalows, giving blocks a practical, lived-in architectural cadence. Lakewood Park and the Rocky River Reservation shape daily routines with shoreline views and wooded trails. Community pillars include Kamms Corners’ neighborhood pubs, the West Park Station corridor, and the Cleveland Metroparks’ river valley gateways. Side streets stay calm while the main corridors keep errands and meetups grounded in familiar storefronts.

Provided by Walk Score and Local Logic

Offer insights

3477 Berea Rd · $244,900

Strong offer

$245K and above

75% chance or better to win

Why $245K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 40 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Has basement
Total of 13 rooms
One building on the parcel
Property listed as fixer and updated/remodeled

Bathrooms
Three full bathrooms

Heating & cooling
Forced air heating
Heating present

Sale and tax history for 3477 Berea Rd

Sale History
Tax History

Date

Event

Price

MLSNOW #5234911

Aug 21, 2026

Price Changed

$244,900

$82/sq ft

Aug 14, 2026

Price Changed

$254,900

$85/sq ft

Aug 7, 2026

Listed

$274,900

$92/sq ft

Public Records

Jun 8, 2022

Sold

$177,500

$59/sq ft

MLSNOW #4338400

Jun 6, 2022

Pending

—

Jun 6, 2022

Sold

$180,000

$60/sq ft

Apr 18, 2022

Contingent

—

Feb 28, 2022

Relisted

—

Feb 21, 2022

Contingent

—

Feb 1, 2022

Relisted

—

Dec 16, 2021

Contingent

—

Dec 13, 2021

Listed

$185,000

$62/sq ft

+30

This is a Wonderful investment opportunity to own a 3 unit home in a desired area of Cleveland that is being built up! An investor's dream, as all 3 units are fully rented with current income totaling $1850 a month. An abundance of parking! Two tenants are on month to month leases giving you flexibility. There are 3 hot water tanks and all of the mechanicals have been well maintained. There is a beautiful front porch to enjoy. This home is close to shopping and freeways making for a great location! Please contact me or your agent for your private showing or request listing video with more details. Back on market at no fault of the seller, buyers financing fell through. Home inspection report & appraisal available upon request. We have a conventional lender that can do this deal. Please contact us or have your agent read brokers remarks.

MLSNOW #3947089

Dec 13, 2017

Sold

$125,000

$42/sq ft

Nov 7, 2017

Pending

—

Oct 9, 2017

Listed

$135,000

$45/sq ft

MLSNOW #3858901

Feb 28, 2017

Listing Removed

—

Nov 10, 2016

Listed

$139,900

$47/sq ft

Public Records

Feb 20, 2007

Sold

$92,000

$31/sq ft

Public Records

Jan 26, 1995

Sold

$74,000

$25/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,089 (+1.5%)

$7,250 + $54,530

$61,780

2024

$5,012 (+14.6%)

$7,250 + $54,530

$61,780

2023

$4,374 (+0.6%)

$4,830 + $51,590

$56,420

2022

$4,349 (+0.9%)

$4,830 + $51,590

$56,420

2021

$4,308 (+11.5%)

$4,830 + $51,590

$56,420

2020

$3,865 (+9.0%)

$3,750 + $40,010

$43,760

2019

$3,547 (+0.3%)

$3,750 + $40,010

$43,760

2018

$3,535 (+55.1%)

$3,750 + $40,010

$43,760

2017

$2,279 (+0.8%)

$4,240 + $22,720

$26,960

2016

$2,262

$4,240 + $22,720

$26,960

2015

$2,260 (−4.8%)

$4,240 + $22,720

$26,960

2014

$2,374

$4,450 + $23,910

$28,360

Public record

Beds

Baths

Stories

2.5

Lot width

45 ft.

Lot depth

105 ft.

Lot size

4,736 Sq. Ft.

Year renovated

1962

Finished Sq. Ft.

2,487

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,487

Year built

1924

Style

Multi-Family (2-4 Unit)

County

Cuyahoga County

APN

02130036

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

Climate risks

3/10 Flood Factor

Estimated 10-14% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 94° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

4 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Cleveland, OH • 44111

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 3477 Berea Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $210,000 and $250,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $210K to $250K.

SOLD JAN 28, 2026
$210,000 Last sold price
5 beds2 baths2,891 sq ft
3501 W 136th St, Cleveland, OH 44111
$9/sq ft
SOLD JUL 2, 2026
$250,000 Last sold price
4 beds2 baths1,200 sq ft
3377 W 131st St, Cleveland, OH 44111
$126/sq ft
27 years newer
SOLD JUL 17, 2026
$250,000 Last sold price
4 beds2 baths1,519 sq ft
3297 W 131st St, Cleveland, OH 44111
$83/sq ft
smaller lot
2 years newer
SOLD JUL 7, 2026
$227,000 Last sold price
4 beds1.5 baths1,248 sq ft
3525 W 129th St, Cleveland, OH 44111
$100/sq ft
smaller lot
SOLD MAR 31, 2026
$225,000 Last sold price
4 beds2 baths2,350 sq ft
3264 W 130th St, Cleveland, OH 44111
$14/sq ft
1 year newer
no basement
SOLD APR 23, 2026
$210,000 Last sold price
3 beds2.5 baths1,248 sq ft
3550 W 128th St, Cleveland, OH 44111
$86/sq ft
smaller lot

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Details provided by MLSNOW and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 3477 Berea Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 3477 Berea Rd

Nearby similar homes

New listings for sale in 44111

More real estate resources