7 beds2,994 sqft$92/sqft
3477 Berea Road, Cleveland, OH 44111
Est: $1,742/moGet pre-approved

Description

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,...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.
LISTING UPDATED: 08/07/2026 05:02 PM

  1. Listed by Kim Lewis • Home Equity Realty Group
    P: (440)-799-5638 C: (440)-799-5638 kim.lewis@heqrealty.com
  2. Listed by Garrett Rowan • Home Equity Realty Group
    P: (803)-992-1429 C: (803)-992-1429 garrett.rowan@heqrealty.com

Property Details for 3477 Berea Road

Status
MLS #
5234911
Days on Market
Listed Today
Taxes
$4,133 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Triplex
Year Built
1924
Lot Size
0.11 AC / 4,734 SF
Subdivision Name
Lorain Villas
Has Waterfront
No

Location

Listing Courtesy of Home Equity Realty Group
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Building Information for 3477 Berea Road

Stories-Residences-Year Built1924Building Size-Lot Size0.11 AC / 4,734 SF

Payment Calculator

$1,742 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,397

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3477 Berea Road

Summary
Location and General Information
  • Directions: West Park - N off of 10 and Berea Rd
  • Latitude: 41.457876
  • Longitude: -81.783047
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 021-30-036
  • Tax Annual Amount: $4,133.00
  • Tax Legal Description: 11 LORVILL BLK10 0011 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 Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.1087
  • Lot Size Area: 0.1087
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2994.0
  • Above Grade Finished Area Source: Assessor
  • Living Area: 2994.0
  • Living Area Units: Square Feet
  • Property Condition: Fixer, Updated Remodeled
  • Year Built: 1924
  • Year Built Source: Assessor
Building Features
  • Construction Materials: Asphalt, Vinyl Siding
  • Foundation Details: Slab
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 7
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
  • Total Rooms: 13
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: No
  • Occupant Type: Vacant
  • Type: One Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: No
  • Occupant Type: Vacant
  • Type: Three Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: No
  • Occupant Type: Vacant
  • Type: Three Bedroom

Property History for 3477 Berea Road

DateEvent & SourcePriceAppreciation
Aug 7, 2026

Listed (Active)

MLS Now #5234911

$274,900
Jun 6, 2022

Sold

MLS Now #4338400

$180,000
May 11, 2022

Sold (Public Record)

Public Record #1492296460

$177,500

+8.4% / yr

DateEvent & SourcePrice
08/07/2026

Listed (Active)

MLS Now #5234911

$274,900
06/06/2022

Sold

MLS Now #4338400

$180,000
05/11/2022

Sold (Public Record)

Public Record #1492296460

$177,500

+8.4% / yr

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

Public Records for 3477 Berea Road

Taxable ValueLand$7,250Additions$54,530Total$61,780
Tax Record2025$5,089 ($424 / month)
Home Facts
Baths3Total Finished SqFt2,487 SqFtAbove Grade Finished SqFt2,487 SqFtStories3Lot Size4,736 SqFtStyleTriplexYear Built1924Year Renovated1958Zoning1FCountyCUYAHOGAAPN021-30-036

Schools near 3477 Berea Road

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

Riverside School
PublicPK to 8

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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3477 Berea Road is a multi-family home for sale in Cleveland, OH 44111. This property was listed for sale on August 7, 2026 by Home Equity Realty Group, it's currently listed at $274,900. It has been on the market for a total of 0 days and was last sold on June 6, 2022. This listing's school district is Cleveland Metropolitan School District. Nearby schools include Garfield Elementary School, John Marshall School of Information Technology and Riverside School. 3477 Berea Road is a 7-bed, 3-bath, 2,994 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Equity Realty Group

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