4316 Pearl Road
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$875,000

4316 Pearl Road
Cleveland, OH 44109
Listed by James P Matheos · Keller Williams Citywide
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1912

About this home

CALLING ALL INVESTORS Just starting out or growing your portfolio. Check out this 16 Unit Large ALL BRICK mixed use located in great neighborhood with solid rental demand in the heart of Old Brooklyn. A stone's throw from Metro health and minutes to Cleveland's downtown. This well-kept and professionally managed multi-family 12 apartments up w/ 4 retail shops total of 16 units located in Old Brooklyn and just North of I-480 just minutes to Cleveland's downtown on Pearl Avenue. 16 Unit composed of: 3) 1 - Bed / 1 Bath, 2) 3 - Bed/1 Bath, 6) 2 - Bed / 1 Bath, 1) Studio / 1 Bath and. 4) retail shops at street level w/ basement access for value add. All Retail face Pearl Ave. with high traffic count and visibility. Many units have had floor, kitchen, bath upgrades. 4 units on 2nd floor have small balconies on Pearl Rd side and all Spokane units have small porches for added value in rentals. ** Many of the rents have been brough to market but a couple have some room yet. ** Ask your agent for Income & Expenses Posted with listing ** ** All units have individual furnaces, separate electric and gas meter. ** Owner pays only water/sewer and maintenance. Heating: GFA Furnaces (each unit) **Several furnaces have been replaced/added and less than 5 years ** Roof: Flat rolled asphalt resurfaced 2026. ** Parking: Street Only ** OM in supplements

Property details

MLS #
5215134
Property type
MixedUse
Subdivision
Brooklyn Realty Cos Sub
Status
Active
Days on market
N/A
On market date
N/A
Stories
2
Garage spaces
N/A
Lot size
0.2204 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Constellation Schools: Old Brooklyn Community Elementary
0.28 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
256
District
Constellation Schools: Old Brooklyn Community Elementary
MiddleCharter
Constellation Schools: Old Brooklyn Community Middle
0.29 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
245
Student:teacher ratio
24.5:1
District
Constellation Schools: Old Brooklyn Community Middle
High
Facing History High School@Charles Mooney
0.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
205
Student:teacher ratio
12.8:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$5,419/mo
$175,000 down
$700,000 loan
Principal & interest$4,540
Property tax (est.)$729
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.