3943 W 22nd ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,049 sqft
Price per Sqft $116
Subdivision Fuller Kam & Krohle
MLS Listing ID 5133468
Style Cape Cod
Bedrooms 3
Full Baths 1
Year Built 1915
Annual Tax Amount $1,662
Tax Year 2024
Lot Size 3,598 Sqft
Property Sub-Type Single Family Residence
Property Description
ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK — This twin investment property sits in the path of rapid wealth creation on Cleveland's West Side. MetroHealth has committed over $1 billion to its campus and surrounding area — housing, community services, and transit upgrades. This institutional anchor is fast-tracking area home values, outpacing the broader market (15% YoY). Own 3943 W 22nd alongside 3947 W 22nd — both SFHs, both CMHA Section 8 — and start building street-level ownership in a rapidly appreciating corridor. Lead Base Paint Tested and Certified.
VALUE-ADD UPSIDE: Currently rented at $1,002/mo through CMHA Section 8 — well below market. Long-term tenant is cooperative, communicative, and has expressed desire to stay. Cashflowing now, with flexibility to reposition. Month-to-month lease gives buyer the option to line up a new tenant before non-renewing--avoid vacancy, skip downtime, keep income flowing through the transition if desired.
Low-maintenance asset. Solid long-term hold with tenant in place and upside baked in. Strong lease is transferrable and very owner-protective.
PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Exterior
Parking Features On Street
Roof Type Shingle
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard