$240,000

3107 Archwood Ave Cleveland, OH 44109

$2,850
Closing credit¹
6 beds
3 full
3,248 sqft
0.2 acres
$74 / sqft
Multi-Family

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

Home typeTriplex
HeatingForced Air, Natural Gas
StatusActive
Size3,248 sqft
Lot size0.1515 Acres
Year built1905
ParkingDetached, Garage, Paved
MLS #5074542
Garage2 spaces

Summary

  • MLS Number: 5074542
  • MLS Name: NOWDD
  • Office Name: BHR & Associates
  • Office Email: andreasold74@gmail.com
  • Listing Agent: Andrea T Wilson

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of house with covered porch

$240,000

3107 Archwood Ave

$2,850

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

61%
<35k
32%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
44%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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