$399,900
About this home
Exceptional investment opportunity in the heart of Cleveland's thriving West Side! This well-maintained 4-unit multifamily property offers immediate cash flow with significant upside potential. Currently generating rental income from fully occupied, month-to-month tenants, the property features rents of three units at $900/month, one unit at $850/month, providing flexibility for future rent adjustments to market rates. Recent capital improvements, including newer furnaces and central air updates, help minimize maintenance expenses and add long-term value. Whether you're expanding your investment portfolio or seeking a value-add asset with stable occupancy, this property presents a rare opportunity in a desirable location near shopping, dining, public transportation, and major highways. Don't miss your chance to own a high-performing multifamily investment with room for even greater returns.
Property details
- MLS #
- 5236400
- Property type
- Quadruplex
- Subdivision
- Lenox Park Allotment
- Status
- Active
- Days on market
- 2
- On market date
- August 12, 2026
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.0813 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 297
- Student:teacher ratio
- 12.9:1
- District
- Global Ambassadors Language Academy
- Enrollment
- 464
- Student:teacher ratio
- 15.0:1
- District
- Lakewood City
- Enrollment
- 238
- Student:teacher ratio
- 18.3:1
- District
- Cleveland Municipal
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 6 days ago.
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.