Commercial Real Estate for Sale at 3296 - 3300 E 149th Street in Cleveland, OH for $1,450,000

Listing data updated May 25, 2025 - 12:22pm
Javascript is required to view this map.
Printable Map
Tools

Related Information

3296 - 3300 E 149th Street | Cleveland

$1,450,000 | 0.0 Sq. Ft.

Outstanding investment opportunity - add two fully renovated, high-income-producing apartment buildings to your portfolio. Together, these properties generate over $17,000 in monthly gross rental income. There is potential for even higher market rents, as the buildings house brand new tenants who moved in after the 2023 renovations. Enjoy a tax abatement on the property until 2038. Each building, completely updated in 2023, includes a tenant-operated, app-based laundry facility and individually metered units. Situated in Cleveland, a city with robust rental demand driven by its diverse economy and expanding healthcare and tech sectors, these properties are an ideal investment in a cost-effective and promising rental market. Capitalize on this chance to invest in one of the Midwest\u0027s most attractive rental markets. Current buildings are equipped with a property management team to ensure a seamless, hands-off ownership transition, if necessary for the buyer. MLSNow 5113643

Directions to property: Head east on Kinsman Rd toward E 104th St \u003E Turn left onto E 149th St \u003E Destination will be on the left

MLS Listing ID: 
MLSNow 5113643
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,450,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
3296 - 3300 E 149th Street, Cleveland, OH 44120
County: 
Cuyahoga
Latitude: 
41.4698372
Longitude: 
-81.5777037
Directions: 
Head east on Kinsman Rd toward E 104th St \u003E Turn left onto E 149th St \u003E Destination will be on the left
Public Remarks: 
Outstanding investment opportunity - add two fully renovated, high-income-producing apartment buildings to your portfolio. Together, these properties generate over $17,000 in monthly gross rental income. There is potential for even higher market rents, as the buildings house brand new tenants who moved in after the 2023 renovations. Enjoy a tax abatement on the property until 2038. Each building, completely updated in 2023, includes a tenant-operated, app-based laundry facility and individually metered units. Situated in Cleveland, a city with robust rental demand driven by its diverse economy and expanding healthcare and tech sectors, these properties are an ideal investment in a cost-effective and promising rental market. Capitalize on this chance to invest in one of the Midwest\u0027s most attractive rental markets. Current buildings are equipped with a property management team to ensure a seamless, hands-off ownership transition, if necessary for the buyer.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Palmer \u0026 Boyers Allotment
Building Details
Details about the building on a property.
Year Built: 
1923
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water,Steam
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.36
Lot Size (Area): 
0.36
Public Record
Parcel Number: 
130-18-121
Annual Tax: 
$1,652.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Violetta Varenkova
Listing Co-Agent Name: 
Natalie Berezovsky
Listing Office Name: 
IIP Management, LLC.
Listing Co-Office Name: 
IIP Management, LLC.

Request More Information