$249,500
About this home
Fully occupied, cash-flowing four-unit on Cleveland's west side — a rare combination of stable day-one income and real, near-term upside! All four units are one bedroom, one bathroom and are currently leased, generating $3,010/month ($36,120/year) in gross rent. Market rents in the area support $3,400+/month ($40,800/year), giving a value-add investor a clear path to roughly 13% top-line growth simply by turning and re-leasing units as they come available. Whether you're a first-time multifamily buyer looking for a straightforward entry point with income from day one, or a seasoned operator hunting for a value-add play that pays you while you execute, 3521/3523 W 58th delivers on both fronts. Tenants are responsible for gas and electric; landlord pays water and sewer, keeping the operating expense load predictable and simple to underwrite. Rent roll and utility expenses available upon request. Please do not disturb tenants — showings by appointment with accepted offer contingent on inspection.
Property details
- MLS #
- 5234490
- Property type
- Quadruplex
- Subdivision
- Schneiders Allotment
- Status
- Active
- Days on market
- N/A
- On market date
- August 6, 2026
- Stories
- 2
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1462 acres
Location
Get directions →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).
- Enrollment
- 173
- Student:teacher ratio
- 28.8:1
- District
- Constellation Schools: Stockyard Community Elementary
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 639
- Student:teacher ratio
- 13.9:1
- District
- Cleveland Municipal
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).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 6, 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.