Susan Hallstrom
Realtor
REALTOR®, PSA, ABR
BEDS4
BATHS2 full
SQUARE FEET1,730
MLS#5248554
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMcarthur & Blatts
SCHOOLCleveland Municipal - 1809
Property Description
High-yield investment opportunity in Old Brooklyn with clear value-add upside. This property delivers dependable rental income today with multiple paths to increased returns. Working on CMHA approval for 1150 for lower unit which is currently at 875. Upper unit rented for 975. The home features a functional layouts, solid mechanicals, and a full basement ideal for storage or future conversion. The exterior offers a manageable yard, off-street parking, and a low-maintenance footprint that keeps operating costs down. Investors will appreciate the strong rental demand, ability to increase total monthly income amount, as well as the ability to boost NOI through cosmetic updates, improved finishes, or strategic repositioning. Located minutes from shopping, parks, public transit, and major commuter routes, this property sits in one of Cleveland's most consistent rental corridors-making tenant retention and long-term cash flow highly achievable. Whether you're adding to a portfolio or executing a BRRRR strategy, 3525 Dawning Ave. offers immediate stability with room to grow.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,365 / year
Year Built: 1899
Amenities
Private Entrance
Feature Descriptions
Days on Site: 1
Exterior: Vinyl Siding
Parcel#: 011-02-027
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Elevate
Agency Contact: tresaklein@gmail.com, 440-342-5766
Shown By
Agent Name: Susan Hallstrom
Agent Phone: (740) 310-0118
Agency Title: Sulek & Experts Real Estate
Estimate Your Payment
Estimated Payment
$ 675.11 per month $422.64 Principal & Interest $197.08 Property Tax $55.39 Homeowner's InsuranceChange Payment Information
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3525 Dawning Avenue | MLS# 5248554
This multi-family property located at 3525 Dawning Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $189,900. Dawning Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on shallstrom.sulekandexperts.com today.