3185 W 58th Street, Cleveland, OH 44102 (MLS # 5191112)

Photo for 3185 W 58th Street, Cleveland, OH 44102 (MLS # 5191112)

Price	$100,000
Status	Active
Beds	5
Baths	2 Baths
Home size	2,290 sqft
Lot Size	5,803 sqft
Days on Market	40

Rare opportunity to acquire a 10-unit multifamily portfolio consisting of five duplexes located within minutes of each other across Cleveland's westside rental corridors including Clark-Fulton, Stockyards, and West Boulevard. This portfolio offers investors the chance to acquire scale and execute a clear value-add stabilization strategy. The properties are currently in transition with 4 occupied units and 6 units vacant or in turnover, creating an opportunity for experienced investors to renovate, lease-up, and increase rents across the portfolio. The unit mix consists of 2- and 3-bedroom units, with market rents in the surrounding areas supporting approximately $1,000-$1,200 per unit once renovated and stabilized. Estimated renovation scope across the portfolio is approximately $120,000, including one heavier project requiring mechanical replacement and exterior improvements, along with several lighter unit turns. Once stabilized, the portfolio has the potential to generate $120K+ in annual gross rental income, with projected portfolio value approaching $950K-$1M. The property will be sold as the a portfolio during the initial marketing period. Ideal opportunity for experienced investors or operators seeking a westside Cleveland value-add multifamily project. Detailed rent projections and property information available upon request. See MLS 5191112 & 5191117 & 5191122 & 5191124 & 5191126. Tenant occupied units will only be shown once an offer has been accepted. EMAIL for any additional questions. $695k for the entire package. NO SELLER FINANCING.

Tiny photo for 3185 W 58th Street, Cleveland, OH 44102 (MLS # 5191112)

Property Type(s): Multi Family

Last Updated	3/9/2026	Tract	John O Steigers Allotment
Year Built	1915	County	Cuyahoga

Additional Details

AIR	None
BASEMENT	Partial, Yes
CONSTRUCTION	Wood Siding
HEAT	Forced Air, Natural Gas
LOT	5802 sq ft
PARKING	None
SEWER	Public Sewer
STORIES	2
SUBDIVISION	John O Steigers Allotment
TAXES	2393
WATER	Public

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Listing provided by: Michael L Magno | 216-236-8849, Keller Williams Living, michael@themagnogroup.com, 216-236-8849

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Data Last Updated: 4/14/26 3:30 PM PDT

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