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About This Home
This 6-bedroom, 2-bathroom residential multi family at 3847 W 38TH STREET in CLEVELAND, OH is listed for $192,500 ($47 per sqft). Built in 1910, the home offers 4,064 sqft of living space on a 0.13 acres lot.
Attention all investors & owner-occupied buyers! Location, Location, Location...Rare side-by-side duplex offers a truly exceptional opportunity—each spacious, well-lit unit feels more like a single-family home than duplex/investment property. Situated on a quiet, well-maintained street in a highly desirable & investor-friendly neighborhood known fo
r strong rents & stable demand, this property is ideal for those seeking immediate income potential or multigenerational living. Both units feature grand interiors with high first-floor ceilings, large light-filled rooms, original hardwood flooring ready to be refinished to restore their classic beauty.
Updated vinyl windows enhance energy efficiency & natural light throughout. Recent updates include one newer furnace & one upgraded electrical panel. Each unit also enjoys a private full basement w/large glass block windows for laundry, storage, or future finishing potential, plus walk-up third-floor attic perfect for expansion or additional storage space.
Home’s charming exterior includes a welcoming front porch & second-floor rear balcony for outdoor enjoyment. While this fantastic property has great bones, it does need some updates—including a new roof (currently slate)—offering tremendous upside & equity potential for the right buyer.
Limited utilities are currently active, owner is in the process of reconnection. Serious inquiries only—no wholesalers or owner-financing options will be considered. Don’t miss your chance to own this distinctive, high-upside duplex with immediate cash flow potential and long-term value!
Key Features
- Built in 1910
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$1,030/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3847 W 38TH STREET
CLEVELAND, OH 44109
Features & Amenities
Interior Features
Property Details
Heating
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 3847 W 38TH STREET is listed at $192,500 ($47/sqft). The estimated monthly payment is $834 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.13 acre lot. Interior Features: LAUNDRY: MULTIPLE LOCATIONS.
This property is listed by Christopher Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.
