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$285,000

Est. payment - /mo

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5 Beds

2 Baths

2,068 SqFt

New

3114 Vega AVE Cleveland, OH 44113

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Brittany Polanski

[email protected] +1(740) 359-9496

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,068 sqft

Price per Sqft $137

Subdivision Hiram Stones Add

MLS Listing ID 5250599

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,068

Year Built 1890

Annual Tax Amount $2,809

Tax Year 2025

Lot Size 5,279 Sqft

Acres 0.1212

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Turnkey, fully occupied, and generating $3,200 per month in total Section 8 rental income, this 5-bedroom, 2-bath duplex in Tremont's highly desirable 44113 offers investors the rare combination of strong cash flow and a premium location. With tenants already in place, the next owner can step into an income-producing property from day one. The home has seen numerous improvements, including vinyl windows, updated cabinetry, renovated bathrooms, select mechanical upgrades, and additional updates throughout, helping make this a solid, low-maintenance addition to any rental portfolio. The location is where this investment really stands out. Situated in the Tremont area, the property is surrounded by some of Cleveland's most popular restaurants, coffee shops, bars, and neighborhood amenities while being just minutes from Ohio City, Downtown Cleveland, Clark-Fulton, MetroHealth, and other major employment centers. Tremont and the surrounding west-side neighborhoods continue to see new construction, renovations, and ongoing investment, making this an area that attracts both tenants and buyers looking to be close to everything Cleveland has to offer. For an investor, this property offers the best of both worlds: established income today with long-term appreciation potential in one of Cleveland's most recognized neighborhoods. With $3,200 in monthly voucher-backed rent already in place, a desirable unit mix, quality updates, and a location close to major hospitals, entertainment, dining, and downtown, much of the heavy lifting has already been done. Whether you're expanding an existing portfolio or looking for a stabilized multifamily property in a strong location, this is an opportunity worth a closer look.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 007-24-035

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Journey Toole • Keller Williams Living • [email protected], 440-935-9793

NEARBY SCHOOL & BUSINESS

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Brittany Polanski

Agent | OH License ID: SAL2026001074

+1(740) 359-9496

3114 Vega AVE Cleveland, OH 44113

Brittany Polanski

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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3114 Vega AVE