Don’t miss this incredible opportunity to own a tri-plex in the heart of Cleveland’s historic Archwood-Denison neighborhood! This spacious, well-maintained property at 3107 Archwood Ave offers three separate units, each with its own charm, making it an ideal investment for savvy buyers looking for rental income or multi-generational living.
The property consists of two large 2-bedroom, 1-bathroom units and a cozy 1-bedroom, 1-bathroom unit, providing flexibility for various living arrangements. Each unit features well-lit living spaces, separate utilities, and updated kitchens and bathrooms. With ample storage space and a shared basement, tenants will appreciate the practicality and convenience of this home.
The tri-plex is situated on a lovely tree-lined street, offering a serene and peaceful setting, while still being close to all the amenities Cleveland has to offer. Just minutes from shopping, restaurants, and major highways, the location provides easy access to downtown Cleveland and the surrounding suburbs.
Whether you’re looking to live in one unit and rent the others or rent out all three, this property offers significant income potential. With its strong rental history and location in a thriving neighborhood, 3107 Archwood Ave is an outstanding investment!
Property Highlights:
3-unit tri-plex: two 2-bedroom units and one 1-bedroom unit Updated kitchens and bathrooms Shared basement with ample storage Tree-lined street with excellent curb appeal Garage potential as additional source of rental income Prime location with easy access to downtown Cleveland, highways, and local amenities Investment Potential: This unique property is perfect for investors seeking steady rental income or owner-occupants looking to offset costs with rental income. Schedule your tour today to explore its potential!
Assessed Value is a combination of the land and additions.
2023
$3,077
(+0.57%)
$36,750
Land 4,550 +
Additions 35,490
2022
$3,059
(+0.98%)
$36,750
Land 4,550 +
Additions 35,490
2021
$3,030
(-6.7%)
$40,040
Land 4,550 +
Additions 35,490
2020
$3,247
(+7.96%)
$36,750
Land 3,540 +
Additions 33,220
2019
$3,007
(+0.32%)
$36,760
Land 3,540 +
Additions 33,220
2018
$2,998
(+9.17%)
$36,760
Land 3,540 +
Additions 33,220
2017
$2,746
$32,480
Land 3,780 +
Additions 28,700
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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