Sold
Last Sold Price
8 beds4,189 sqft
3272 Fulton Road, Cleveland, OH 44109
Multi FamilyProperty Type
0.09 acresLot Size
1905Year Built
$93/sq ftPrice per sq ft

Description

Turn-Key Cash-Flowing 4-Unit Investment Opportunity! Don’t miss this rare opportunity to own a fully renovated four-unit multifamily property generating exceptional income from day one. Each spacious unit features 2 bedrooms, 1 bathroom, and its own private laundry room—a highly desirable amenity for tenants. With projected rents of approximately $1,250 per month per unit, this property offers up to $5,000 in monthly gross rental income. This building has been completely updated from top to bottom,...Turn-Key Cash-Flowing 4-Unit Investment Opportunity! Don’t miss this rare opportunity to own a fully renovated four-unit multifamily property generating exceptional income from day one. Each spacious unit features 2 bedrooms, 1 bathroom, and its own private laundry room—a highly desirable amenity for tenants. With projected rents of approximately $1,250 per month per unit, this property offers up to $5,000 in monthly gross rental income. This building has been completely updated from top to bottom, providing true turn-key ownership and minimal maintenance concerns for years to come. Major improvements include all-new plumbing, electrical, HVAC systems, furnaces, kitchens, and a freshly poured driveway. There isn’t a corner of this property that hasn’t been thoughtfully renovated. Investors will appreciate the exceptional cash-flow potential, with rents supporting performance well above the coveted 1% rule. Adding to the strong financials are incredibly low property taxes of just $2,145 per year, helping maximize your net operating income and overall return on investment. Ideally located just minutes from Downtown Cleveland, Cleveland Clinic, and Lake Erie, the property offers convenient access to major employers, world-class healthcare, dining, entertainment, and recreation—making it highly attractive to prospective tenants. Whether you’re a seasoned investor looking to expand your portfolio or a first-time multifamily buyer seeking a high-performing asset, this property check Listed to sell quickly—schedule your showing today and start generating returns from day one!
  • Listed by: Billy Seder 216.215.0000 billyseder@howardhanna.com • Howard Hanna
Listing closed: 08/04/2026 12:00 AM • Source: MLS Now, MLS#: 5218450

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Location

Listing Courtesy of Howard Hanna

Sold By Fathom Realty

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Payment Calculator

$2,253 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,082

Property Taxes

$171

HOA Dues

$0

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Property Information for 3272 Fulton Road

Property Details
  • Taxes: $2,046 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: JAMES C BARTLETTS ALLOTMENT
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 1905
  • Lot Size: 0.09 AC / 3,963 SF
Summary
Location and General Information
  • Directions: Off Fulton
  • Latitude: 41.465018
  • Longitude: -81.70893
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 015-03-031
  • Tax Annual Amount: $2,046.00
  • Tax Legal Description: 54 BARTLETT 0053 ALL
  • Tax Year: 2025
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Size Acres: 0.091
  • Lot Size Area: 0.091
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3724.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 465.0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Living Area: 4189.0
  • Living Area Units: Square Feet
  • Property Condition: Updated Remodeled
  • Year Built: 1905
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 8
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
  • Total Stories: 2
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 4
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom

Property History for 3272 Fulton Road

DateEvent & SourcePriceAppreciation
Aug 4, 2026

Sold

MLS Now #5218450

$390,000—
Jun 26, 2026

Contract Signed

MLS Now #5218450

—
Jun 17, 2026

Price Change

MLS Now #5218450

$399,900—
DateEvent & SourcePrice
08/04/2026

Sold

MLS Now #5218450

$390,000
06/26/2026

Contract Signed

MLS Now #5218450

—
06/17/2026

Price Change

MLS Now #5218450

$399,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3272 Fulton Road

Taxable ValueLand$4,165Additions$15,575Total$19,740
Tax Record2025$2,046 ($171 / month)
Home Facts
Baths2Total Finished SqFt4,189 SqFtAbove Grade Finished SqFt4,189 SqFtStories2Lot Size3,963 SqFtStyleStoresYear Built1905Year Renovated1952ZoningLRCountyCUYAHOGAAPN015-03-031

Schools near 3272 Fulton Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Walton School
PublicPK to 8

Lincoln West School of Science & Health
Public9 to 12

Lincoln West School Of Global Studies
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard Hanna

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