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Cleveland Investment Property For Sale
For Sale
$269,000

3688 W 15th Street, Cleveland, OH 44109

MULTI_FAMILY - Cleveland, OH

Property Size2,871 SF
Lot Size0.04 Acres
Price / SF$93.70
Days on Market162

Property Features for 3688 W 15th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 6
Parking features On Street, Driveway, Garage
Elementary school district Cleveland Municipal - 1809
Middle school district Cleveland Municipal - 1809
High school district Cleveland Municipal - 1809
Directions North of Denison Ave, East of Jennings Rd.
Standard status Active
APN 008-27-065
Size 2,871 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 74 FOSTER & NEXT WALL 0034 ALL
Tax Annual Amount 6439
Legal Description 74 FOSTER & NEXT WALL 0034 ALL

Utilities

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

Building Details

Year built 1910
Floors in Building 2
Building materials AluminumSiding, VinylSiding
Roof type Asphalt
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Chase Westphal · License #2024004039
Added: Mar 5 Changed: Aug 1 Last Checked: Aug 14 at 5:06PM
MLS# 5191114

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property features a duplex and a single-family home situated on a single lot. The duplex contains two units, each with 2 bedrooms and 1 bathroom. Unit 1 is leased for $930 per month through November 30, 2026, while Unit 2 is leased for $935 per month through December 31, 2026. Both units have been upgraded with new furnaces, hot water tanks, kitchen cabinets, LVP flooring in the kitchen and bath, new carpet in living areas, and freshly painted interiors in 2023. The single-family home includes two bedrooms and one full bathroom and is leased for $975 per month through April 30, 2026. Upgrades to the single-family home include new carpet, a freshly painted interior, a new furnace, a new hot water tank, new gutters, and a new roof in 2023. The property is located in Cleveland, OH, within the 44109 postal code area, situated in Cuyahoga County. The lot size is 0.04 acres, and the total property size is 2871 square feet. This property presents an opportunity to benefit from Cleveland's rental market.

Key Highlights

  • Fully occupied duplex plus single‑family home on one lot, with all units currently leased through 2026.
  • Duplex: Unit 1 leased at $930/mo through 11/30/2026; Unit 2 leased at $935/mo through 12/31/2026.
  • Single‑family home leased at $975/mo through 4/30/2026, with 2 bedrooms and 1 full bathroom.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

Demographics for 44109, OH

39,121
Population
19,588
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
81%
High-School Grad
7.1 sq mi
ZIP Area
5,510
Density / Sq Mi
$43,130
Median Household Income
$34,050
Median Earnings
$861
Median Rent
$112,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex and single-family home, a prime investment opportunity.
Where is this duplex located?
The property is located at 3688 W 15th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Fully occupied duplex plus single‑family home on one lot, with all units currently leased through 2026.; Duplex: Unit 1 leased at $930/mo through 11/30/2026; Unit 2 leased at $935/mo through 12/31/2026.; Single‑family home leased at $975/mo through 4/30/2026, with 2 bedrooms and 1 full bathroom.
More about this property
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