3429 Martin Luther King Jr Drive
Property Description
This updated duplex offers strong cash-flow potential and excellent upside for investors! Both units are vacant and move-in ready, each featuring 3 bedrooms, spacious layouts, updated LVP flooring, fresh paint, vinyl windows, carpeted bedrooms, and modern light fixtures throughout. Kitchens include newer cabinets and laminate countertops, while the down unit also features stainless steel appliances. Bathrooms have been updated with new vanities, toilets, tub surrounds, fixtures, and LVP flooring. A major value-add feature is the finished third-floor attic space, complete with its own kitchen, bedroom, full bathroom, mini-split A/C units, updated electrical sub panel, and modern finishes throughout. This creates the opportunity to expand the upper unit or potentially convert the property into a triplex for increased rental income. Additional updates include updated PVC plumbing stack, updated 100 AMP electrical panels, separately metered utilities, two water heaters installed in 2025, newer furnace, washer/dryer hookups for both units, newer gutters, newer roof, and a detached 2-car garage. Projected rents of $1,300+ per unit make this a strong investment opportunity with immediate income potential and future upside. Conveniently located near University Circle, Cleveland Clinic, Case Western Reserve University, major roads, public transportation, schools, shops, and local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don't miss your chance to secure a high-upside multifamily investment with strong rental potential and room to grow! Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.
Broker Details
RE/MAX Haven Realty (216) 332-0456
MLS ID: 2014004734 State License Number: 2014004734
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $199,900 |
| Year Built: | 1930 |
| Lot Size: | 2,614.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-NEOHREXOH-5209318
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