3495 West 98th Street, Cleveland, OH 44102 For Sale

3495 W 98th Street, Cleveland, OH 44102

4-Unit (Optional 5th) Multifamily Investment Opportunity | 100% Occupied | Strong Rent Upside

Fully occupied 5-unit multifamily property located in Cleveland’s established West Boulevard neighborhood, offering immediate in-place cash flow with significant embedded rental upside.

The property features a diversified unit mix of studio, one-bedroom, and two-bedroom apartments and is currently generating approximately $4,775 per month, or $57,300 annually, in gross rental income.

Current rents remain below achievable pro forma levels. One-bedroom units have potential to reach approximately $1,100–$1,150 per month, while two-bedroom units may support rents of approximately $1,400–$1,500 per month, creating a meaningful path to future revenue growth as leases turn.

DISCLAIMER: This marketing material has been prepared by Russell Commercial Advisory (“RCA”), Russell Real Estate Services, and Justin Campbell solely for general informational and marketing purposes. Certain photographs, renderings, landscaping, lighting, skies, building features, finishes, site conditions, or surrounding elements may have been digitally enhanced, altered, staged, generated, or otherwise modified for illustrative purposes and may not accurately depict the property’s current or future condition.

No warranty or representation, express or implied, is made regarding the accuracy, completeness, reliability, or future performance of any photograph, rendering, property description, comparable sale, rental rate, projected income, expense, valuation, renovation concept, investment return, zoning classification, square footage, condition, or other information presented herein. Information has been obtained from sources believed to be reliable, including owners, public records, MLS data, and third parties, but has not been independently verified and is subject to errors, omissions, prior sale, changes in price or terms, withdrawal from the market without notice, and any special conditions imposed by the property owner.

Any investment analysis, comparable-sale discussion, rental projection, renovation scenario, or potential resale value is illustrative only and does not constitute an appraisal, guarantee of value, financial advice, tax advice, legal advice, construction estimate, or assurance of future income or investment performance. RCA, Russell Real Estate Services, Justin Campbell, and their respective agents and representatives have not conducted engineering, environmental, structural, zoning, code-compliance, title, survey, or property-condition investigations unless expressly stated in writing.

Prospective purchasers and investors must independently verify all information and conduct their own inspections, due diligence, financial analysis, and consultation with appropriate legal, tax, lending, appraisal, architectural, engineering, zoning, insurance, and construction professionals before making any decision. The property is offered subject to its actual condition, applicable contracts, governmental requirements, and the owner’s final approval. All dimensions, rents, expenses, values, projections, renovation plans, and investment outcomes are estimates only and are not guaranteed.

Ohio advertising materials should display the licensed brokerage name at least as prominently as the salesperson’s name, so the final layout should keep Russell Real Estate Services equal to or more prominent than Justin Campbell.