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Investment Highlights
- Consists of 2 units - 1 unit newly renovated
- Potential for rental income
- Strong investment opportunity
- Built in 1942 and Zoned 2F for multifamily use
- Well-maintained building with historical charm and character
- Proximity to amenities and transportation
Executive Summary
Investment opportunity on Cleveland’s west side! Located at 3127 W. Blvd, this updated two-unit multifamily property offers 1,656 SF and has benefited from significant renovations and improvements completed over the past 18 months.
Originally built in 1942, the property combines the character of an established Cleveland residence with thoughtful updates designed to enhance its appeal, functionality, and long-term investment value. Zoned 2F and configured as two residential units, the property provides an attractive opportunity for an investor seeking an updated, income-producing asset or an owner-occupant looking to offset housing costs with rental income.
Conveniently located with easy access to I-90, Downtown Cleveland, Gordon Square, Lakewood, Edgewater Park, shopping, dining, and everyday amenities, 3127 W. Blvd offers a compelling combination of location, recent improvements, and multifamily investment potential.
THIS PROPERTY IS OWNED BY A LICENSED REAL ESTATE AGENT IN THE STATE OF OHIO
Originally built in 1942, the property combines the character of an established Cleveland residence with thoughtful updates designed to enhance its appeal, functionality, and long-term investment value. Zoned 2F and configured as two residential units, the property provides an attractive opportunity for an investor seeking an updated, income-producing asset or an owner-occupant looking to offset housing costs with rental income.
Conveniently located with easy access to I-90, Downtown Cleveland, Gordon Square, Lakewood, Edgewater Park, shopping, dining, and everyday amenities, 3127 W. Blvd offers a compelling combination of location, recent improvements, and multifamily investment potential.
THIS PROPERTY IS OWNED BY A LICENSED REAL ESTATE AGENT IN THE STATE OF OHIO
Property Facts
| Price | $380,911 CAD | Apartment Style | Garden |
| Price Per Unit | $190,455 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 2 | Building Size | 1,656 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1942/2024 |
| Zoning | 2F - Two Family | ||
| Price | $380,911 CAD |
| Price Per Unit | $190,455 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 1,656 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2024 |
| Zoning | 2F - Two Family |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Oven
- Tub/Shower
- Carpet
- Basement
- Family Room
Site Amenities
- Laundry Facilities
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 005-19-093 | Improvements Assessment | $81,605 CAD |
| Land Assessment | $18,761 CAD | Total Assessment | $100,367 CAD |
Property Taxes
Parcel Number
005-19-093
Land Assessment
$18,761 CAD
Improvements Assessment
$81,605 CAD
Total Assessment
$100,367 CAD
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3127 West Blvd
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