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$ 290,000
Est. payment | /mo
12 Beds
4 Baths
4,822 Sqft Lot
$ 290,000
Est. payment | /mo
12 Beds
4 Baths
4,822 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Geo E Daschomas
MLS Listing ID 5254434
Bedrooms 12
Full Baths 4
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,280
Tax Year 2025
Lot Size 4,822 Sqft
Acres 0.1107
Property Sub-Type Quadruplex
Property Description
Unlock the potential of this income-producing four-unit investment property in Cleveland! Featuring four spacious 3-bedroom, 1-bathroom units, this fully occupied multifamily asset offers strong in-place rental income, and a solid foundation for long-term portfolio growth. The property is lead-certified and has rental registration in place. Recent improvements include a resealed roof in 2025 and completed unit turns, positioning the building for continued performance. With rents already strong and at market levels in three units, investors will appreciate the additional upside in one unit, where a month-to-month tenancy presents the opportunity to potentially double the current rental income. Conveniently located near Cleveland's city amenities, shopping, dining, and transportation, this property combines immediate cash flow, value-add potential, and long-term investment appeal in one compelling opportunity.
Location
State OH
County Cuyahoga
Interior
Heating Gas, Hot Water, Steam
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 118-03-089
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Lisa A Mazzola • Century 21 Wilbur Realty • lmazzolac21@gmail.com, 216-323-7071