Three-Story Brick Multifamily
For Sale
$675,000
Pending
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
Days on Market86
Property Features for 3438 Bosworth Rd
General Information
Standard status
Pending
Size
10,450 SF
Occupancy
73%
Site & Location
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: Sep 9
Last Checked: Sep 9 at 7:30AM
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.
Investment Insights
Based on property information with market context.
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
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Current Use
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
Explore this area
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
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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
