$119,000

Estimated payment $751/month

Total Views 473
4 Beds
4 Baths
5,169 Sq Ft
$23 Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating System
  • Northeast Facing Home
  • Cooling System Mounted To A Wall/Window

About This Home

FULLY OCCUPIED bringing in $2280 per month!! This is a solid all-brick four-unit property in Cleveland’s up-and-coming east side that has four spacious 1-bedroom, 1-bath apartments approximately 860 sq ft each. Separate tenant paid utilities and long-term renters in place makes this property a slam dunk.

The units are all in good condition and cared for well by the tenants. They are all currently on year leases which are up for renewal in March of 2026. Tenants pay their own utilities- Owner covers water, sewer, community electric, and landscaping. Recent gross annual income is approximately $30,057 with potential for increased rents as leases renew! The property offers a full basement with shared laundry, on-street parking, and classic Cleveland architecture built to last.

Major updates include a brand new roof, 2 newer hot water tanks, and some new windows.

Located near major employers, public transit, and the University Circle corridor, this quadplex provides stable cash flow and solid long-term upside. Perfect addition to your rental portfolio or as a first investment property.

Contact listing agent for a link to view all interior photos and videos of units!

Listing Agent

Christine Revay

Real of Ohio Brokerage Email: chrissy@garucciogroup.com, 440-376-4181 License #2022007949 Listed on: 10/14/2025

Real of Ohio

Co-Listing Agent

Thomas Garuccio

Real of Ohio Brokerage Email: chrissy@garucciogroup.com, 440-376-4181 License #2019003560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,447 Sq Ft Lot
  • Northeast Facing Home

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • Frederick G Hanks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108-25-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1920
  • Attribution Contact: chrissy@garucciogroup.com, 440-376-4181
  • Co List Office Phone: 855-450-0442
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Frederick G Hanks
  • Above Grade Finished Sq Ft: 3446.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1723.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Acres: 0.148
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: Northeast

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • LaundryFeatures: Common Area, In Basement
  • Cooling: Wall/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: 108-25-010

Multi Family

  • Gross Income: 30056.5

Tax Info

  • Tax Annual Amount: 3996.76

Map

Range of Values:

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Average Value
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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 Prior Sale
10/14/2025 10/14/25 For Sale $119,000 -0.8% $23 / Sq Ft
01/31/2025 01/31/25 Sold $120,000 -7.6% $23 / Sq Ft View Prior Sale
10/17/2024 10/17/24 Pending -- -- --
10/12/2024 10/12/24 Price Changed $129,900 -13.3% $25 / Sq Ft
08/25/2024 08/25/24 For Sale $149,900 0.0% $29 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $149,900 +114.1% $29 / Sq Ft
09/20/2019 09/20/19 Sold $70,000 -2.1% -- View Prior Sale
09/11/2019 09/11/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $71,500 -- --
Source: MLS Now

Source: MLS Now

MLS Number: 5164463

MLS Now