REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Laura Petek

laura@laurapetek.com +1(440) 935-2898

$ 199,900

Est. payment | -/mo

7 Beds

4 Baths

5,201 Sqft Lot

Save

$ 199,900

Est. payment | -/mo

Save

7 Beds

4 Baths

5,201 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Stone Hickox Hosmer Bates Smit

MLS Listing ID 5244623

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,603

Tax Year 2025

Lot Size 5,201 Sqft

Acres 0.1194

Property Sub-Type Quadruplex

Property Description

Investor opportunity in Cleveland! This four-unit multifamily property offers immediate income with two occupied units and additional upside through two vacant units ready for lease-up. Unit 1 features three bedrooms and one bathroom, while Units 2 and 3 each offer two bedrooms and one bathroom. The occupied units are currently receiving under-market rent; providing significant future income potential! Listed rent prices for the vacant units range are currently at $845 for Unit 3 and $745 for Unit 4; with strong interest in both. Residents are responsible for all utilities, helping reduce owner-paid operating expenses. Additional features include two garage spaces, driveway parking, an unfinished basement offering storage potential, and approximately $5,000 recently invested in exterior repairs. Conveniently located near major Cleveland roadways with access to I-77 and I-480. An excellent opportunity to acquire a four-unit property with existing income, immediate lease-up potential, and long-term value-add upside!

Location

State OH

County Cuyahoga

Rooms

Basement Apartment

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 132-15-069

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Dathan Williams • 1st Cavalry Homes Real Estate & Property Mgmt. • 234-230-2237, office@1stcavalryhomes.com

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 935-2898

laura@laurapetek.com

116 W Washington St, Medina, OH 44256-2233, USA

6920 Hosmer AVE Cleveland, OH 44105