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    3617 E 57Th St Cleveland, OH 44105

    For Sale
    $145,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    2,341 SF
    Lot size:
    0.13 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 3617 E 57Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 3, Bathroom 1, Basement, Bathroom 2, Laundry Room, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    131-36-070
    Parking features
    Garage
    Size
    2,341 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1919
    Floors in Building
    2
    Building materials
    AluminumSiding, WoodSiding
    Roof type
    Asphalt, Fiberglass

    Greater Cleveland (216) 839-5500 [email protected]

    Listing agent Michael T Arko (440) 520-4270 License #2019000138

    Listing date Dec 3, 2025

    MLS# 5169649 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex in Cleveland, OH

    This well-maintained duplex, located in the revitalizing Slavic Village neighborhood of Cleveland, Ohio, offers a strong cash flow. The property features recent capital improvements and city certifications. The first-floor unit, freshly updated with new carpet, paint, and a new furnace, features 3 bedrooms and 1 bath and is rented at $1350 per month. The second-floor unit includes 2 bedrooms and 1 bath, currently rented to a Section 8 tenant at $968 per month, with new appliances installed in 2024, providing immediate income. Major updates include a new roof and new exterior paint completed in 2024, and two new hot water tanks. Rental registration with the City of Cleveland is valid through 07/15/2027. The property size is 2341 square feet, situated on a lot of 0.1286 acres. The property generates over $2300 in gross revenue. This property offers solid returns and long-term growth potential in one of Cleveland's most active rental markets and is perfect for both seasoned investors and those looking to start or expand their portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.649504
    Latitude
    41.459747

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    FAQs

    What type of property is this?
    Duplex - Cash-flowing duplex with recent updates and city certifications.
    Where is this duplex located?
    The property is located at 3617 E 57Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Strong cash flow: Property generates $2300+ in gross monthly revenue.; - Recent capital improvements: **New roof, exterior paint (2024), new furnaces, and new hot water tanks.**; - City certifications in place: Rental registration valid through 07/15/2027, saving time and compliance costs.
    (440) 520-4270
    Request Owner's contact information
    3617 E 57Th St Cleveland, OH 44105
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    Cleveland, OH 44105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3617 E 57Th St Cleveland, OH 44105
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