$199,000

Estimated payment $1,193/month

8 Beds
4 Baths
5,028 Sq Ft
$40 Price per Sq Ft

About This Home

4-Unit Opportunity – Strong Cash Flow Potential! Investor-focused four-unit multifamily in a rapidly growing Cleveland location! This property offers an ideal mix of immediate income and upside, perfect for both local and out-of-state investors looking to build cash flow and equity. Two units are currently occupied at $795/month and $750/month, providing instant income from day one. The remaining two units are vacant, giving you the ability to place your own tenants at market rents and significantly increase returns. One of the vacant units is already rent-ready with fresh carpet, allowing for quick lease-up and faster stabilization. Each unit features a spacious 2-bedroom, 1-bath layout with large living areas, long hallways, and additional flex space—highly desirable for tenants and supportive of strong rental demand. The generous unit sizes make this property stand out compared to typical multifamily layouts in the area. At just $199,000, this is a low entry price for a four-unit asset with major upside. Whether you’re looking to increase rents, fill vacancies, or hold for long-term appreciation, this deal checks all the boxes for a high-performing investment. Perfect for investors seeking:
• Immediate income with value-add potential
• Strong cash flow at a low purchase price
• Large, desirable unit layouts
• Opportunity to boost rents and equity quickly Opportunities like this don’t last—secure a high-upside multifamily asset in one of Cleveland’s active rental corridors!

Listing Agent

Mark Colucci

Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 03/24/2026

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1900

Lot Details

  • 4,840 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 5,028 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • John Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106-01-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,752

Year Built

Built in 1900

Lot Details

4,840 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1900
  • Attribution Contact: markcolucci@kw.com, 440-590-5219
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: John
  • Above Grade Finished Sq Ft: 5028.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2025
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Acres: 0.1111
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 106-01-100

Tax Info

  • Tax Annual Amount: 1752.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $199,000 -- $40 / Sq Ft
Source: MLS Now

Source: MLS Now

MLS Number: 5195946

MLS Now
Your Personal Tour Guide

Ask me questions while you tour the home.