MixedUse at 3996 E 71st Street, Cleveland
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$146,500

3996 E 71st Street
Cleveland, OH 44105
Listed by Jonothon Murchison · Keller Williams Greater Metropolitan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1920

About this home

Unlock the potential of this mixed-use commercial building featuring 2 retail storefronts and 3 residential apartments, making it an outstanding opportunity for investors, entrepreneurs, and owner-operators alike. Positioned on a highly visible corner lot, this versatile property offers endless possibilities for a variety of businesses. The residential component includes two large, spacious apartments on the second floor. One apartment features 3 bedrooms, while the other offers 4 bedrooms. Both units include generous living rooms, formal dining rooms, spacious kitchens, and hardwood flooring, providing comfortable living spaces with excellent rental potential. The third unit is a main-level rear efficiency apartment complete with its own kitchen and full bath, offering an additional income stream. The building features a newer boiler and offers tremendous upside with only minor repairs needed, making it an ideal value-add investment. 24-hour notice is required for all showings. No exceptions. Buyers are encouraged to perform their own due diligence. Information is deemed reliable but not guaranteed. Don't miss this exceptional opportunity to own a mixed-use property with great Income Producing ability, tremendous flexibility, and significant upside potential.

Property details

MLS #
5225250
Property type
MixedUse
Subdivision
Reid Estate
Status
Active
Days on market
40
On market date
July 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1162 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

ElementaryCharter
Constellation Schools: Eastside Arts Academy
0.23 mi away · Grades 0-6
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
116
Student:teacher ratio
12.9:1
District
Constellation Schools: Eastside Arts Academy
Middle
Cuyahoga Hts Middle School
1.58 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
17.6:1
District
Cuyahoga Heights Local
HighCharter
Regent High School
1.21 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
225
Student:teacher ratio
32.1:1
District
Regent 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks15
Schools14
Transit stops20
Pharmacies3

Market position

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

On the market 40 days -- 8 fewer days than Cleveland's current average of 48 days.
For reference, the median list price across 1,625 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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Est. monthly payment
$1,032/mo
$29,300 down
$117,200 loan
Principal & interest$760
Property tax (est.)$122
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 19, 2026.

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.