$475,000
UNDER CONTRACT

Estimated payment $3,444/month

Total Views 3,856
12 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Investment Opportunity – Mixed-Use Property in Residential Neighborhood

Welcome to 2232-2236 W 103rd St, a rare find in the heart of a quiet Cleveland residential neighborhood. This mixed-use property offers exceptional income potential with six spacious 2-bedroom, 1-bath residential units and a street-facing retail storefront – currently leased as a convenience store.

Ideal for investors looking to expand their portfolio, this property provides strong rental demand in an established neighborhood. While the property does need some TLC, the structure offers great bones and a solid layout to work with, making it an excellent value-add opportunity.

Current Income: Store front $1800M, (3) Units occupied $750M. (3) Units vacant
Mechanicals: All units have separate furnace, electric and water heaters.
Current utility cost: Tenants pay gas and electric, landlord pays water and electric for the common area.

Property Highlights:

6 residential units – each 2 bed / 1 bath

Retail storefront for commercial use or additional rental income, currently a convenience store.

Located in a stable, well-established neighborhood.

Tremendous upside potential with minor renovations.

Whether you’re an experienced investor or looking to get started in multi-family properties, this asset offers flexibility, location, and room for appreciation.

Bring your vision and unlock this property's full potential! Private showings upon request!

Listing Agent

Chad Grude

United Real Estate MarketPro Brokerage Email: grudegroup@yahoo.com, 440-387-8103 License #2021000844 Listed on: 07/05/2025

United Real Estate MarketPro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,267

Year Built

  • Built in 1920

Lot Details

  • 7,754 Sq Ft Lot

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • C M Mixs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005-16-127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,267

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1920
  • Attribution Contact: grudegroup@yahoo.com, 440-387-8103
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: C M Mixs
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Stories: 2

Exterior Features

  • Roof: Rubber
  • Acres: 0.178
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 005-16-127

Tax Info

  • Tax Annual Amount: 10267.1

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,267 $99,470 $5,425 $94,045
2023 $8,214 $82,250 $9,310 $72,940
2022 $8,203 $82,250 $9,310 $72,940
2021 $8,227 $82,250 $9,310 $72,940
2020 $5,469 $52,610 $5,430 $47,180
2019 $5,149 $150,300 $15,500 $134,800
2018 $5,122 $52,610 $5,430 $47,180
2017 $5,209 $51,280 $9,560 $41,720
2016 $5,211 $51,280 $9,560 $41,720
2015 $5,894 $51,280 $9,560 $41,720
2014 $5,894 $58,280 $10,850 $47,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Sale $475,000 -- --
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $235,000 Title Company
Warranty Deed $235,000 Title Company
Quit Claim Deed -- Attorney
Survivorship Deed $150,000 Premier Title Agency Inc
Deed -- --
Deed $50,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,000 Commercial
Source: Public Records

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Source: MLS Now

MLS Number: 5137286

MLS Now

APN: 005-16-127