SingleFamilyResidence at 3282 W 38th Street, Cleveland
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Virtually staged - 3282 W 38th Street, Cleveland
Virtually staged - 3282 W 38th Street, Cleveland
Virtually staged - 3282 W 38th Street, Cleveland
Virtually staged - 3282 W 38th Street, Cleveland
Virtually staged - 3282 W 38th Street, Cleveland
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47 photos

$199,900

3282 W 38th Street
Cleveland, OH 44109
Listed by Jullian Vaughn · Premier Heights Realty LLC
Bedrooms
4
Bathrooms
2
Living area
1,322 sqft
Year built
1900

About this home

Investor Special! Welcome to this beautifully updated four-bedroom home, conveniently located just minutes from MetroHealth Hospital. This property offers a strong income-producing opportunity, generating $2,125 per month—or over $25,000 annually. The numbers even beat the 1% rule, making this a standout investment. The tenant also pays all utilities, helping keep operating expenses low and cash flow strong. Fully updated and truly turnkey, this property features new appliances, new mechanicals, updated electrical, and updated plumbing throughout. With the major updates already completed and the property generating strong rental income, investors can enjoy the confidence of owning a well-maintained asset with immediate income potential.

Property details

MLS
NOWDD
MLS #
5237104
Property type
SingleFamilyResidence
Subdivision
Selden Allotment
Status
Active
Days on market
47
On market date
August 17, 2026
Stories
2
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.1033 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Lincoln Park Academy
0.21 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
364
Student:teacher ratio
14.0:1
District
Lincoln Park Academy
MiddleCharter
Constellation Schools: Stockyard Community Middle
1.07 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
74
Student:teacher ratio
37.0:1
District
Constellation Schools: Stockyard Community Middle
HighCharter
Frederick Douglass High School
0.3 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
162
Student:teacher ratio
32.4:1
District
Frederick Douglass High School

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

70
Walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 47 days -- 4 fewer days than Cleveland's current average of 51 days.
For reference, the median list price across 2,432 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
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Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,354/mo
$39,980 down
$159,920 loan
Principal & interest$1,037
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 19 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.