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$285,000
New Listing

3114 Vega Avenue
Cleveland, OH 44113

For Sale|Duplex|Active
5
Beds
2
Total Baths
2
Full Baths
2,068
SqFt
$138
/SqFt
1890
Built
Subdivision:
Hiram Stones Add
County:
Cuyahoga
Call Now: (216) 978-7933
Is this the listing for you? We can help make it yours.
(216) 978-7933
3114 Vega Avenue3114 Vega Avenue3114 Vega Avenue3114 Vega Avenue
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Turnkey, fully occupied, and generating $3,200 per month in total Section 8 rental income, this 5-bedroom, 2-bath duplex in Tremont's highly desirable 44113 offers investors the rare combination of strong cash flow and a premium location. With tenants already in place, the next owner can step into an income-producing property from day one. The home has seen numerous improvements, including vinyl windows, updated cabinetry, renovated bathrooms, select mechanical upgrades, and additional updates throughout, helping make this a solid, low-maintenance addition to any rental portfolio. The location is where this investment really stands out. Situated in the Tremont area, the property is surrounded by some of Cleveland's most popular restaurants, coffee shops, bars, and neighborhood amenities while being just minutes from Ohio City, Downtown Cleveland, Clark-Fulton, MetroHealth, and other major employment centers. Tremont and the surrounding west-side neighborhoods continue to see new construction, renovations, and ongoing investment, making this an area that attracts both tenants and buyers looking to be close to everything Cleveland has to offer. For an investor, this property offers the best of both worlds: established income today with long-term appreciation potential in one of Cleveland's most recognized neighborhoods. With $3,200 in monthly voucher-backed rent already in place, a desirable unit mix, quality updates, and a location close to major hospitals, entertainment, dining, and downtown, much of the heavy lifting has already been done. Whether you're expanding an existing portfolio or looking for a stabilized multifamily property in a strong location, this is an opportunity worth a closer look.

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Listing Snapshot
Price 
$285,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
2,068 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1212 Acres
Year Built 
1890
MLS® Number 
5250599
Status 
Active
Property Tax 
$2,809
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 hours agoListing first seen on site
12 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1212
Disclosures 
Principal Is Real Estate Licensed
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Number Of Stories 
2
Parking 
DrivewayDetachedGarage
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Above 
2068
Water Source 
Public
Interior Features
Basement 
FullUnfinished
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl SidingWood Siding
Roof 
Asphalt
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Financing Terms Available 
CashConventional
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Journey Toole of Keller Williams Living



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Reviews

REMAX Gold Transparent - 3

REMAX Above & Beyond

Tabatha Whewell | License ID: 2003018978

2

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