Three-Story Brick Multifamily
For Sale
$675,000
3438 Bosworth Rd, Cleveland, OH 44111
11-unit brick multifamily building built in 1925 with coin laundry and a mix of one- and two-bedroom apartments.
Property Size10,450 SF
Price / SF$64.59
Days on Market131
Property Features for 3438 Bosworth Rd
General Information
Standard status
Active
Size
10,450 SF
Occupancy
73%
Site & Location
Neighborhood
Little Arabia
Traffic Count
13,700 vehicles/day
Highway Access
Yes
Additional Details
Cap Rate
15.7%
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$17,664
Building Details
Year Built
1925
Stories
3
Tenancy
Multi
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Chassity Miller · License #2017005555
(330) 604-2363
Source:
Exprealty
Added: Jun 17
Changed: Oct 21
Last Checked: Oct 24 at 6:14PM
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 EXP Realty, LLC.
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Investment Insights
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3438 Bosworth Road is an 11-unit brick multifamily building built in 1925 and arranged across three stories. The unit mix includes three two-bedroom, one-bath apartments and eight one-bedroom, one-bath apartments. The property is currently 73% occupied, with three recently renovated vacancies available and reported as move-in ready. On-site coin laundry is provided through CSC ServiceWorks. The building also carries current Lead Certification.
Located in Cleveland’s West Boulevard / Kamms Corner neighborhood, the property sits on West Boulevard, a key north-south arterial connecting Lorain Avenue to Rocky River Drive and Lakewood. The remarks note walkable access to Kamms Corner’s retail and dining corridor on Lorain Avenue.
The seller reports a comprehensive capital improvement program estimated at $140,000–$250,000+ including a full roof replacement, plumbing stack overhaul, new water heaters building-wide, partial furnace replacement, and common area restoration. One unit is leased to a Section 8 (CMHA) tenant, and the remarks state utilities are included in the CMHA payment.
Located in Cleveland’s West Boulevard / Kamms Corner neighborhood, the property sits on West Boulevard, a key north-south arterial connecting Lorain Avenue to Rocky River Drive and Lakewood. The remarks note walkable access to Kamms Corner’s retail and dining corridor on Lorain Avenue.
The seller reports a comprehensive capital improvement program estimated at $140,000–$250,000+ including a full roof replacement, plumbing stack overhaul, new water heaters building-wide, partial furnace replacement, and common area restoration. One unit is leased to a Section 8 (CMHA) tenant, and the remarks state utilities are included in the CMHA payment.
Key Highlights
- 11‑unit brick multifamily building built in 1925 with 10,450 SF across three stories on West Boulevard
- Unit mix of 3 two‑bedroom/1‑bath and 8 one‑bedroom/1‑bath apartments; 73% occupied (8 of 11 units)
- Three recently renovated vacancies are move‑in ready with no additional capital required
Property Analytics
Who owns this building?
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Lease Details
11
Residential units
13,700 VPD
Traffic count
73%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
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Business Placement
Demographics for 44111, OH
41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - 11-unit brick multifamily building built in 1925 with coin laundry and a mix of one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 3438 Bosworth Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 11‑unit brick multifamily building built in 1925 with 10,450 SF across three stories on West Boulevard; Unit mix of 3 two‑bedroom/1‑bath and 8 one‑bedroom/1‑bath apartments; 73% occupied (8 of 11 units); Three recently renovated vacancies are move‑in ready with no additional capital required
