$230,000
UNDER CONTRACT

Estimated payment $1,426/month

Total Views 2,725
8 Beds
4 Baths
3,796 Sq Ft
$61 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • Wood Siding
  • West Facing Home

About This Home

Strong Buy-and-Hold Opportunity ready to earn $3,600 monthly gross rental income – Renovated 4-Unit property, each with 2 bedrooms and 1 full bath across a functional 5-room layout. Updates include refreshed kitchens, refreshed bathrooms, newer flooring, and fresh paint, plus newer vinyl windows, glass block windows in the basement and brand-new hot water tanks. This property is a value-added opportunity offering consistent rental income and long-term appreciation. A rare chance to lock in a stable, cash-flowing asset in today’s market. Please NO wholesaling, assignments or seller/creative financing.

Listing Agent

David Sturgeon

Howard Hanna Brokerage Email: davidsturgeon@howardhanna.com, 216-375-4486 License #2009000358 Listed on: 01/18/2026

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 4,517 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,796 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Union Rice Subdivision

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 130-20-122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1918
  • Attribution Contact: davidsturgeon@howardhanna.com, 216-375-4486
  • ResoLotFeatures: City Lot
  • Subdivision Name: Union Rice
  • Above Grade Finished Sq Ft: 3796.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2025
  • Property Sub Type Additional: Quadruplex
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Wood
  • Acres: 0.1037
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street

Utilities

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

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 130-20-122

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3575.0

Tax Info

  • Tax Annual Amount: 2462.88

Map

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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 $955 $9,240 $1,575 $7,665
2023 $2,766 $24,500 $1,750 $22,750
2022 $3,401 $24,500 $1,750 $22,750
2021 $9,778 $24,500 $1,750 $22,750
2020 $1,219 $11,730 $1,580 $10,150
2019 $1,148 $33,500 $4,500 $29,000
2018 $1,095 $11,730 $1,580 $10,150
2017 $1,068 $10,510 $3,960 $6,550
2016 $1,068 $10,510 $3,960 $6,550
2015 $2,313 $10,510 $3,960 $6,550
2014 $2,313 $10,510 $3,960 $6,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2026 01/18/26 For Sale $230,000 +238.2% $61 / Sq Ft
09/10/2024 09/10/24 Sold $68,000 0.0% $18 / Sq Ft View Prior Sale
04/10/2024 04/10/24 Off Market $68,000 -- --
04/10/2024 04/10/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $79,000 -- $21 / Sq Ft
Source: MLS Now (Howard Hanna)

Source: MLS Now (Howard Hanna)

MLS Number: 5182309

MLS Now (Howard Hanna)