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Updated Multifamily Property
New
For Sale
$159,900

3296 W 44th St, Cleveland, OH 44109

Fully occupied residential income property with refreshed interiors, basement living space, and owner-managed water and sewer service.

Property Size2,355 SF
Price / SF$67.90
Days on Market2

Property Features for 3296 W 44th St

General Information

Standard status Active
Size 2,355 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: Russell Real Estate Services
Listed By: Hamzah A Najar · License #2019007599
Source: Theacclaimedrealty
Added: Sep 20 Last Checked: Sep 21 at 11:54AM

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 Russell Real Estate Services

Investment Insights

Based on property information with market context.

This 2,355-square-foot multifamily property, built in 1900, is fully occupied and includes additional basement living space with a bedroom and full bathroom. Recent work includes newer flooring, updated windows and interior doors, bathroom improvements, and fresh exterior paint. The configuration is suited to residential income use, with tenants paying gas and electric while ownership covers water and sewer.

The property is located at 3296 W 44th St in Cleveland, near shopping, dining, parks, public transportation, major highways, and Downtown Cleveland. Steelyard Commons provides nearby retail shopping, while Cleveland Metroparks Brookside Reservation and Harmody Park offer recreation. The surrounding area also provides access to Cleveland dining and entertainment districts.

Key Highlights

  • Fully occupied multifamily property totaling 2,355 square feet
  • Basement includes an additional bedroom and full bathroom
  • Recent flooring, window, interior door, bathroom, and exterior paint updates

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Spa & Massage Center Electrical Service (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

624
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - Fully occupied residential income property with refreshed interiors, basement living space, and owner-managed water and sewer service.
Where is this multifamily property located?
The property is located at 3296 W 44th St Cleveland, OH.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Fully occupied multifamily property totaling 2,355 square feet; Basement includes an additional bedroom and full bathroom; Recent flooring, window, interior door, bathroom, and exterior paint updates
More about this property
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