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About This Home
This 4-bedroom, 4-bathroom residential multi family at 3617 Siam in Cleveland, OH is listed for $385,000 ($165 per sqft). Built in 1870, the home offers 2,336 sqft of living space on a 0.07 acres lot.
Exceptional investment opportunity in the heart of Ohio City's sought-after SOLO neighborhood (44113). This well-positioned 4-unit property sits on an oversized 60' x 114' parcel, offering both immediate income and future upside. Each unit features 1 bedroom, 1 bath, in-unit laundry, and separately metered gas and electric-ideal for efficient management and tenant independence.
The property is currently income-producing with clear value-add potential through strategic updates. Zoned 4090-C (4-6 Unit Apartments), the site presents a rare opportunity for further development. Investors may explore adding an additional structure (such as a duplex), subject to city approval, and potential tax abatement opportunities-enhancing long-term returns in a rapidly appreciating area.
Key Features
- Built in 1870
- 0.07 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,059/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3617 Siam
Cleveland, OH 44113
Ohio City
Property Details
Construction
Views
Parking
Heating
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 3617 Siam is listed at $385,000 ($165/sqft). The estimated monthly payment is $1,668 based on 20% down at 6.5% interest.
Key features include: Built in 1870, 0.07 acre lot, 2 stories.
This property is listed by Roger J Scheve and can be reached at 4404771188 or rogers@remax.net.
