$239,900
About this home
This four unit brick investment opportunity offering immediate cash flow from day one! This fully occupied multifamily property currently generates $2,900 per month in rental income with all four units leased, providing a stable income stream from day one. Several rents remain below current market value, creating an excellent opportunity for future increases and improved returns without the need for major repositioning. The property has been professionally managed and maintained, making it an attractive option for both seasoned investors and those looking to add a solid performing asset to their portfolio. Roof is less than five years old and all hot water tanks are less than 10 years old. Whether you're searching for your next cash flowing investment or looking to expand your multifamily holdings, offered at an attractive price, this is an opportunity you won't want to miss!
Property details
- MLS #
- 5227171
- Property type
- Quadruplex
- Subdivision
- Joseph Heinas Allotment
- Status
- Active
- Days on market
- N/A
- On market date
- July 14, 2026
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.169 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 161
- Student:teacher ratio
- 14.6:1
- District
- Wings Academy 1
- Enrollment
- 581
- Student:teacher ratio
- 11.9:1
- District
- Cleveland Heights-University Heights City
- Enrollment
- 310
- Student:teacher ratio
- 19.4:1
- District
- Cleveland Municipal
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 14, 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.