$399,900
About this home
Attention investors! Welcome to this cash flowing investment opportunity in the heart of Cleveland! This well maintained quadruplex features four spacious 2 bedroom, 1 bathroom units and is currently 75% occupied, generating $2,500 per month in rental income with immediate upside. The vacant unit is completely turnkey and rent ready, giving the next owner the opportunity to quickly increase cash flow by placing a new tenant at market rent or to owner occupy while the remaining units help offset the mortgage. The current rents provide steady income, and the vacant unit offers excellent value-add potential from day one. Whether you’re expanding your investment portfolio or looking for your first multifamily property, this four unit building offers the ideal combination of current income and future growth. With strong rental demand in the area and room to boost returns, this is an opportunity you won’t want to miss. Schedule your private showing today and see the potential this income-producing property has to offer!
Property details
- MLS #
- 5226000
- Property type
- Quadruplex
- Subdivision
- Brooklyn
- Status
- Active
- Days on market
- N/A
- On market date
- July 17, 2026
- Stories
- 2
- Total bathrooms
- 4
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.1436 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 261
- Student:teacher ratio
- 12.4:1
- District
- Horizon Science Academy-Denison Middle School
- Enrollment
- 245
- Student:teacher ratio
- 24.5:1
- District
- Constellation Schools: Old Brooklyn Community Middle
- Enrollment
- 205
- Student:teacher ratio
- 12.8:1
- District
- Cleveland Municipal
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 17, 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.