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Quadplex With Unfinished Basement
For Sale
$250,000

3048 Seymour Ave, Cleveland, OH 44113

Four-unit property with two-story configuration, laundry facilities, off-street parking, and a fenced rear area.

Property Size6,000 SF
Price / SF$41.67
Days on Market87

Property Features for 3048 Seymour Ave

General Information

Standard status Active
Size 6,000 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,075

Amenities

laundry facilities
off-street parking
fenced-in rear area

Building Details

Buildings 1
Stories 2
Listing Agency: Redfin Real Estate Corporation
Listed By: Gerald Quade
Source: Exprealty
Added: May 19 Changed: Aug 12 Last Checked: Aug 12 at 12:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Real Estate Corporation

Investment Insights

Based on property information with market context.

This Cleveland quadplex contains four residential units arranged across two floors, with two apartments on each level. The property provides 8 bedrooms and 4 full baths within nearly 6,000 square feet, plus a full unfinished basement with laundry facilities. Three units are currently tenant-occupied. Off-street parking is located behind the building, with additional street parking available, and the rear area is fenced.

Recent improvements include a complete shingle roof replacement in 2024 and installation of two Rheem 7500 BTU gas furnaces during 2024. The electrical system was updated in 2020 with two Eaton 30-space, 100 AMP main breaker panels. The property is located at 3048 Seymour Ave in Cleveland, Ohio.

Key Highlights

  • Four‑unit layout with 8 bedrooms and 4 full baths
  • Nearly 6,000 square feet with two units on each floor
  • Full unfinished basement with laundry facilities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Accounting Firm Carpet & Flooring Store Nursing Home

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby

Demographics for 44113, OH

20,291
Population
12,554
Households
1.6
Avg Household Size
33
Median Age
54%
College-Educated
89%
High-School Grad
3.8 sq mi
ZIP Area
5,340
Density / Sq Mi
$70,140
Median Household Income
$61,204
Median Earnings
$1,374
Median Rent
$295,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit property with two-story configuration, laundry facilities, off-street parking, and a fenced rear area.
Where is this quadplex located?
The property is located at 3048 Seymour Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four‑unit layout with 8 bedrooms and 4 full baths; Nearly 6,000 square feet with two units on each floor; Full unfinished basement with laundry facilities
More about this property
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