Turnkey investment opportunity! This spacious 4-bedroom, 1.5-bath Colonial offers strong rental potential and consistent income. The property is currently tenant-occupied with a lease in place through 1/9/2027 at $1,740/month, providing immediate cash flow for investors.Features include a full basement, covered porch, and classic layout with multiple living levels. Conveniently located near Euclid Avenue with easy access to local amenities, schools, and transportation. This home has the LBP certification and passed all sec 8 inspections. Please note: The seller prefers to sell this property as part of a portfolio, including 15125 Naples Ave, 3552 West 45th Street, and 4324 Riverside Avenue—presenting a unique opportunity for investors to acquire multiple income-producing properties in one package, but will consider offers on a case by case basis! Please see repairs/updates list, lease agreements/rent amounts, and Invoices attached in supplements. Buyers use do diligence.
| Price | $147,000 | |
| Bedrooms | 4 | |
| Full Baths | 1 | |
| Half Baths | 1 | |
| Total Baths | 2 | |
| Property Style | Colonial | |
| Lot Size Area | 0.1253 | |
| Lot Size Area Units | Acres | |
| Acres | 0.1253 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Year Built | 1910 | |
| Fireplaces | 0 | |
| Subdivision | Shaker Overlook | |
| Roof | Asphalt, Fiberglass | |
| Heating | Forced Air | |
| Laundry Features | In Basement | |
| Parking Description | Unpaved | |
| Directions | Located just east of Euclid Avenue on E 140th St. | |
| County | Cuyahoga | |
| Latitude | 41.470793 | |
| Longitude | -81.58435 | |
| Address | 3261 E 140th Street, Cleveland, OH 44120 | |
| Postal Code | 44120 | |
| City | Cleveland | |
| State | OH | |
| Country | United States | |
| Listing Office | Keller Williams Greater Metropolitan | |
| Listing Office Phone | 216-839-5500 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Justin Duffey | |
| Listing Agent Phone | 216-554-3848 | |
| Attribution Contact | [email protected], 216-554-3848 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| District | East Cleveland CSD – 1812 | |
| Days on market | 99 | |
| MLS Status | Active | |
| Listing Last Modified | Jul 2, 2026 | |
| Tax ID | 130-15-002 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 878 | |
| MLS # | 5194237 | |
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