#5089252, Reba D Withrow, Listing Office: CENTURY 21 DePiero & Associates, Inc.
3107 Archwood Ave Cleveland, OH 44109
Property details
About 3107 Archwood Ave
Fantastic Tri-Plex Investment Opportunity at 3107 Archwood Ave, Cleveland, OH 44109 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!
Highlights
Summary
- MLS Number: 5074542
- MLS Name: NOWDD
- Office Name: BHR & Associates
- Office Email: andreasold74@gmail.com
- Listing Agent: Andrea T Wilson
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Last updated on: 2/22/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$240,000
3107 Archwood Ave
$2,850
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 04, 2020 | Home Sold | $114,440 |
Jan 19, 2016 | Home Sold | $26,667 |
Jul 15, 2003 | Home Sold | $134,500 |
Mar 27, 2002 | Home Sold | $80,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $40,040 | $3,076 |
2022 | $40,040 | $3,059 |
2021 | $40,040 | $3,029 |
2020 | $36,750 | $3,247 |
2019 | $36,760 | $3,007 |
2018 | $36,760 | $2,997 |
2017 | $32,480 | $2,746 |
History based on county public records data.
Nearby schools
2
Constellation Schools: Old Brooklyn Community Elementary School
Public Charter KG-4
1.3 mi
•4430 State Rd
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
1.7 mi
•3200 W 65th St
4
William Rainey Harper IB Candidacy School
Public District PK-3
2.0 mi
•5515 Ira Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,198. The most common annual income of people living in Cleveland, OH is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 3107 Archwood Ave in Cleveland, OH and zip code 44109 in the Brooklyn Center neighborhood. This 3,248 square foot home, which was built in 1905, sits on a 0.15 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 2, 2024 and is currently priced at $240,000.
Cleveland, OH housing market in January 2025 saw over 139 listings sold above listed price, more than 69 sold at listed price and over 336 sold below. The number of listings in Cleveland, OH decreased by 4.5% between December and January 2025. Listings spent 48 days on the market in January 2025, and had a median list price of $169,819 during the same period.