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$199,000 Just Listed
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Property Description
Excellent investment opportunity on Cleveland's west side! This spacious three-family property offers a versatile unit mix and strong income potential, making it an ideal addition to any investment portfolio or a great option for an owner-occupant looking to offset their mortgage with rental income. The first and second-floor units each feature spacious 3-bedroom layouts with comfortable living areas, functional kitchens, and plenty of natural light. The third-floor unit offers a well-designed 1-bedroom apartment, providing an attractive mix of rental options. Major exterior improvements have already been completed, including a new roof (2024) and new vinyl siding (2025), while additional updates include updated furnaces (2013), electrical panels, and hot water tanks (2012). Situated on an oversized lot, the property also offers a detached two-car garage, ample off-street parking, and a large yard. With the major capital improvements already in place, this property is ready for a new owner to add cosmetic updates and unlock its full income potential. Conveniently located near shopping, dining, public transportation, parks, and major highways, this is an excellent opportunity to build equity and generate long-term cash flow. Immediate possession available.
Full Property Details
Full Property Details for 3408 Riverside Ave
General
- Price: $199,000
- Taxes: $4,494 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5234368
- Updated: 8/6/2026
- Added to Site: Today
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Fish
- Driving Directions: Take Pearl Rd to Riverside Ave
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt
- Square Feet: 2,422
- Living Area: 2,422 Sq. Ft.
- Finished Above Grnd: 2,422 Sq. Ft.
- Year Built: 1890
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1836
- Lot Size: .1836
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $4,494
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: DO NOT TRANSFER AFN 202210170139 66 FISH-MCKENZIE S/L 4 ALL 000A WP
- Property ID: 015-19-067
Listed by Keller Williams Living, James Fear
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Schools
Schools serving 3408 Riverside Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Denison 3799 West 33rd Street, Cleveland, OH 44109 | PK-8 | 0.3 mi |
Lincoln West School of Science & Health 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 0.8 mi |
Facing History High School@Charles Mooney 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 4.5 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 0.8 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 1.9 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 3.4 mi |
Walton School 3409 Walton Avenue, Cleveland, OH 44113 | PK-8 | 1 mi |
Buhrer 1600 Buhrer Avenue, Cleveland, OH 44109 | PK-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3408 Riverside Ave
Date
Details
Price
Change
Source
8/06/2026
Listed
$199,000
2111.11%
MLS
8/09/2011
Sold
$9,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3408 Riverside Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,810
—
$42,000
—
2024
$2,808
—
$42,000
61%
2023
$2,808
39%
$26,150
—
2022
$2,016
-21%
$26,150
—
2021
$2,562
43%
$26,150
29%
2020
$1,790
8%
$20,270
—
2019
$1,658
—
$20,270
—
2018
$1,653
-12%
$20,270
-9%
2017
$1,885
1%
$22,300
—
2016
$1,871
—
$22,300
—
2015
$1,870
-5%
$22,300
-5%
2014
$1,964
1%
$23,460
—
2013
$1,943
—
$23,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3408 Riverside Ave
3408 Riverside Avenue, Loveland, OH 44109 (MLS# 5234368) is a Triplex property with 7 bedrooms and 3 full bathrooms. 3408 Riverside Avenue is currently listed for $199,000 and was received on August 06, 2026. Want to learn more about 3408 Riverside Avenue? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

