$208,500
SOLD NOV 22, 2024

7917 Linwood Ave Cleveland, OH 44103

Hough Neighborhood
8 Beds
4 Baths
1,113 Sq Ft
4,761 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • 4 Car Detached Garage
  • Laundry Facilities
  • Wood Siding
  • Hot Water Heating System
  • Fenced Front Yard

About This Home

As of November 2024

Prime Investment Opportunity: Fully Occupied Four-Plex Near Cleveland Clinic & University Hospital

Attention investors! Don’t miss out on this exceptional investment property located in one of Cleveland’s most
desirable rental markets. This fully occupied four-plex is situated in the heart of a high-demand area, just minutes
away from two of the city’s largest economic drivers: Cleveland Clinic and University Hospitals. With a strong,
consistent rental history and a prime location, this property is a rare find in a neighborhood where vacancies are
virtually nonexistent.

Location, Location, Location
Nestled between major healthcare institutions, universities, and a bustling urban core, this property guarantees
tenant demand year-round. Whether it’s professionals working at the Cleveland Clinic, medical students, or
university staff, the proximity to top-tier facilities ensures a steady stream of qualified tenants. You’re also
near downtown Cleveland, offering easy access to cultural attractions, entertainment, fine dining, and shopping.
Public transportation is readily available, with nearby bus routes and rapid transit stations connecting tenants to
the greater Cleveland area. For those commuting by car, major freeways like I-90, I-71, and I-77 are only minutes
away, making it convenient to get anywhere in the city and beyond.

Why This Four-Plex?
• Fully occupied units with strong cash flow and low turnover.
• The property is in a highly desirable area known for steady rental income.
• Located near two of the nation’s top medical centers, ensuring long-term demand.
• Invest with confidence in a property that is already delivering a healthy return and has room for future rent
growth, given the premium location.

Last Agent to Sell the Property

Gisel Palacios

EXP Realty, LLC. Brokerage Email: palacioselizagisel@gmail.com 216-333-2245 License #2023005063 Listed on: 10/06/2024

EXP Realty, LLC.

Last Buyer's Agent

Lacy Carpenter

EXP Realty, LLC. License #2016001280

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,761 Sq Ft Lot
  • Fenced Front Yard
  • Chain Link Fence

Parking

  • 4 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • J H Wade Allotment Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for common area maintenance, water
  • Assessor Parcel Number 106-21-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,003

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1900
  • Attribution Contact: palacioselizagisel@gmail.com 216-333-2245
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: J H Wade Allotment
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement, Exterior Entry, Full, Interior Entry, Concrete, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Composition, Shingle, Wood
  • Fencing: Chain Link, Front Yard, Gate
  • Acres: 0.1093
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Concrete, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 106-21-016
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Common Area Maintenance, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 2003.0

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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 Change Sq Ft Price
11/22/2024 11/22/24 Sold $208,500 -5.2% $187 / Sq Ft
10/18/2024 10/18/24 Price Changed $220,000 -2.2% $198 / Sq Ft
10/17/2024 10/17/24 Price Changed $225,000 +12.5% $202 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/06/2024 10/06/24 For Sale $200,000 -- $180 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gisel Palacios

    Seller's Agent in 2024

    Gisel Palacios

    EXP Realty, LLC.

    (216) 333-2245

    1 in this area

    6 Total Sales

    Section Image
  • Lacy Carpenter

    Buyer's Agent in 2024

    Lacy Carpenter

    EXP Realty, LLC.

    (440) 724-5791

    1 in this area

    86 Total Sales

    Section Image
  • Torry McJunkins

    Buyer Co-Listing Agent in 2024

    Torry McJunkins

    EXP Realty, LLC.

    (216) 469-5227

    1 in this area

    213 Total Sales

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5075734

MLS Now

Ohio Cuyahoga County Cleveland 44103 Hough

7917 Linwood Ave, Cleveland, OH

This home is located at 7917 Linwood Ave, Cleveland, OH 44103 and is currently priced at $208,500, approximately $187 per square foot. This property was built in 1900. 7917 Linwood Ave is a home located in Cuyahoga County with nearby schools including Bolton, Anton Grdina School, and Andrew J. Rickoff School.

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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