Duplex with
3858 E 72nd Street, Cleveland, OH 44105
For Sale
Contact for pricing
Pending
ResidentialIncome, Cleveland, OH
Property Size2,762 SF
Lot Size0.07 Acres
Days on Market194
Property Features for 3858 E 72nd Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Berkshire Hathaway HomeServices Professional Realty
(440) 255-1111
Listed By:
Bradley Klimek · License #2022006300
(440) 487-8809
Added: Apr 28
Changed: Nov 3
Last Checked: Nov 7 at 2:06AM
MLS# 5205505
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.
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Investment Insights
Based on property information with market context.
This two-unit residential property contains 2,762 square feet on a 0.0744-acre lot. Each unit includes one bathroom, while the room layout identifies multiple bedrooms and a basement. The building dates to 1875 and features vinyl siding, an asphalt shingle roof, forced-air heating, and natural gas service. Public water and public sewer serve the property, with driveway parking on site.
The property is located in Cleveland’s Slavic Village area, with access to major freeways and proximity to downtown Cleveland, Cleveland Clinic, University Hospitals, shopping, and dining. Its existing residential configuration and renovation-oriented condition provide a basis for an owner-user or rental-focused plan, subject to the buyer’s evaluation of the property.
The property is located in Cleveland’s Slavic Village area, with access to major freeways and proximity to downtown Cleveland, Cleveland Clinic, University Hospitals, shopping, and dining. Its existing residential configuration and renovation-oriented condition provide a basis for an owner-user or rental-focused plan, subject to the buyer’s evaluation of the property.
Key Highlights
- 2,762 square feet on a 0.0744‑acre lot
- Two‑unit duplex with 1 bathroom in each unit
- Built in 1875 with vinyl siding and asphalt shingle roofing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,625
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,500
$612.5K
Cap Rate 7%
$437,500
$437.5K
Cap Rate 9%
$340,278
$340.3K
Market Conditions
NOI Build-Up for 2,762 SF
Gross rent
$58.0K $21.00/SF
− Vacancy
−$2.3K −$0.84/SF
EGI
$55.7K $20.16/SF
− OpEx
−$25.1K −$9.07/SF
NOI
$30.6K $11.09/SF
Area
Cleveland, OH
Vacancy
4.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,500
Cap Rate 7%
$437,500
Cap Rate 9%
$340,278
Alternative Uses
Best Use
Multifamily LT 5
$471.6K
$412.7K – $550.2K
NOI $33,014 @ 7.0% cap · market cap 113.84%
Second Best
Apartment 5plus
$437.5K
$382.8K – $510.4K
NOI $30,625 @ 7.0% cap · market cap 105.60%
Theoretical Best
Office A
$674.0K
$589.8K – $786.4K
NOI $47,181 @ 7.0% cap · market cap 162.69%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 44105, OH
34,100
Population
17,528
Households
1.9
Avg Household Size
38
Median Age
11%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
3,831
Density / Sq Mi
$38,294
Median Household Income
$32,389
Median Earnings
$888
Median Rent
$56,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cleveland, OH
Properties on Market for Duplexes in Cleveland
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with one bathroom per unit, driveway parking, and a renovation-oriented profile.
Where is this duplex located?
The property is located at 3858 E 72nd Street Cleveland, OH.
What are key features of this property?
This property features: 2,762 square feet on a 0.0744‑acre lot; Two‑unit duplex with 1 bathroom in each unit; Built in 1875 with vinyl siding and asphalt shingle roofing
