6128 Lausche Ave Cleveland, OH 44103
Saint Clair-Superior NeighborhoodEstimated payment $2,405/month
About This Home
**Investor Opportunity: 6128 Lausche Ave, Cleveland, OH 44103** Unlock exceptional income potential with this spacious quadraplex, ideally situated at 6128 Lausche Ave in the heart of Cleveland. This rare find features a total of nine bedrooms and four bathrooms and is perfectly tailored for the savvy investor seeking strong rental returns. Currently, two units are occupied, providing immediate cash flow, while two units are vacant, offering the flexibility to place tenants of your choice or make improvements to maximize rental income. According to CMHA small area fair market rent payment standards, the potential rental rates are highly attractive: $1,005 for a 1-bedroom, $1,209 for a 2-bedroom, $1,559 for a 3-bedroom, and $1,661 for a 4-bedroom. These competitive rents can help you achieve impressive gross annual returns. The property comes with a lead paint certificate on file, simplifying the leasing process and ensuring compliance with local regulations. The quadraplex configuration not only boosts your revenue opportunities but also diversifies your rental portfolio, reducing vacancy risk. Located minutes from downtown Cleveland, major employers, public transportation, and community amenities, this property is appealing to a wide range of tenants. Don’t miss this chance to acquire a high-demand, income-producing asset in a growing rental market. Whether you’re expanding your real estate portfolio or seeking your first multifamily investment, 6128 Lausche Ave delivers value, stability, and upside potential.
Listing Agent
Howard Hanna Brokerage Email: jenniferhite@howardhanna.com, 440-864-4844 License #2014000877 Listed on: 07/02/2026
Co-Listing Agent
Howard Hanna Brokerage Email: jenniferhite@howardhanna.com, 440-864-4844 License #2022004417
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
Parking
- Gravel Driveway
Home Design
- Quadruplex
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,140 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- Glass Subdivision
Listing and Financial Details
- The owner pays for grounds care, sewer, trash collection, water
- Assessor Parcel Number 104-13-056
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,085 | $78,085 | $3,640 | $74,445 |
| 2024 | $4,674 | $45,290 | $1,470 | $43,820 |
| 2023 | $3,845 | $38,500 | $1,540 | $36,960 |
| 2022 | $3,840 | $38,500 | $1,540 | $36,960 |
| 2021 | $3,851 | $38,500 | $1,540 | $36,960 |
| 2020 | $1,882 | $18,100 | $1,370 | $16,730 |
| 2019 | $1,771 | $51,700 | $3,900 | $47,800 |
| 2018 | $1,564 | $18,100 | $1,370 | $16,730 |
| 2017 | $1,398 | $13,760 | $3,050 | $10,710 |
| 2016 | $1,398 | $13,760 | $3,050 | $10,710 |
| 2015 | $1,657 | $13,760 | $3,050 | $10,710 |
| 2014 | $1,657 | $16,380 | $3,640 | $12,740 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/02/2026 07/02/26 | For Sale | $315,000 | +9.0% | $100 / Sq Ft | |
| 09/11/2024 09/11/24 | Sold | $289,000 | -3.3% | $74 / Sq Ft | View Prior Sale |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- | |
| 06/28/2024 06/28/24 | Price Changed | $299,000 | 0.0% | $76 / Sq Ft | |
| 06/28/2024 06/28/24 | For Sale | $299,000 | +3.5% | $76 / Sq Ft | |
| 03/19/2024 03/19/24 | Off Market | $289,000 | -- | -- | |
| 03/05/2024 03/05/24 | Price Changed | $319,670 | 0.0% | $81 / Sq Ft | |
| 02/26/2024 02/26/24 | Price Changed | $319,770 | -8.0% | $81 / Sq Ft | |
| 02/07/2024 02/07/24 | For Sale | $347,700 | +216.1% | $89 / Sq Ft | |
| 11/06/2020 11/06/20 | Sold | $110,000 | -8.3% | $28 / Sq Ft | View Prior Sale |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- | |
| 06/29/2020 06/29/20 | For Sale | $119,900 | -- | $31 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $289,000 | None Listed On Document | |
| Warranty Deed | $110,000 | Enterprise Title Agency | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $23,500 | Premier Title Agency Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $47,000 | Premier Title Agency Inc | |
| Deed | $17,000 | -- | |
| Deed | $11,500 | -- | |
| Deed | $11,500 | -- | |
| Deed | $25,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,750 | New Conventional |
Source: MLS Now (Howard Hanna)
MLS Number: 5225105
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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