3122 W 30th Street, Cleveland, OH 44109
Diodate Clarks · Cuyahoga County
Key Facts
Description
Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1910
Living Area
3,079 sq ft
Lot Size
0.14 acres
Days on Market
3
MLS® Listing#
5215397
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$6,081
Tax year 2025
Parcel Number
007-33-099
Directions
South of Clark Ave, West of Pearl Rd.
Affordability Calculator
$63,000
Estimated monthly payment
$1,677/mo
Principal $252,000 · Est. interest $351,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cleveland, OH
- 50
- Median Days on Market
- 1,825
- Median Sq Ft
- $99
- Median Price / Sq Ft
- 1,400
- Active Listings
- Its price per sq ft is 4% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cleveland, OH.
Location
Points of Interest in Cleveland, OH
Showing the Cleveland area map.
Nearby Schools
Lincoln West School of Science & Health
Secondary · 0.2 mi away
Lincoln-West High School
Secondary · 0.2 mi away
Walton Elementary School
Elementary · 0.2 mi away
Frederick Douglass Reclamation Academy
School · 0.3 mi away
St Rocco School
School · 0.3 mi away
Buhrer
Elementary · 0.4 mi away
Luis Muñoz Marín Dual Language Academy
Elementary · 0.4 mi away
Scranton School
Elementary · 0.5 mi away
The Bridge Avenue School
Elementary · 0.7 mi away
Lincoln Preparatory School
School · 0.7 mi away
Multilingual Multicultural Education Office
School · 0.8 mi away
Thomas Jefferson School
School · 0.8 mi away
Paul L Dunbar Elementary School
Elementary · 0.8 mi away
Orchard School
Elementary · 0.9 mi away
Rose-Mary
School · 0.9 mi away
St Ignatius High School
Secondary · 1.0 mi away
Tremont Montessori School
Elementary · 1.0 mi away
Urban Community School
School · 1.1 mi away
Northeast Ohio College Preparatory School
School · 1.1 mi away
Denison
Elementary · 1.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2206 E 93rd Street, Cleveland, OH | $225,000 | 8 | 3 | 5,930 |
| 1979 W 54th Street, Cleveland, OH | $229,900 | 11 | 4 | 5,214 |
| 9607 Sophia Avenue, Cleveland, OH | $239,900 | 8 | 4 | 6,020 |
| 4217 Hyde Avenue, Cleveland, OH | $244,000 | 8 | 3 | 3,028 |
| 14104 Aspinwall Avenue, Cleveland, OH | $246,000 | 8 | 4 | — |
| 1204 Ansel Road, Cleveland, OH | $250,000 | 8 | 3 | 2,658 |
Moving Cost Estimate
EXIT Agents in Cleveland
Listing Courtesy: Keller Williams Living - TeraSomogyi@gmail.com, 561-901-9331
Last Updated: 2026-06-03