$199,000
About this home
Excellent investment opportunity! This updated four-unit multifamily property offers a total of **12 bedrooms and 4 bathrooms**, with each unit featuring 3 bedrooms and 1 bathroom. Priced at $199,000, this property presents an opportunity for investors looking to expand their rental portfolio or buyers seeking a multifamily investment with multiple potential income streams. Each unit offers a three-bedroom layout, providing flexibility for a variety of rental arrangements. Whether you are an experienced investor or looking to enter the multifamily market, this property offers the potential to build long-term equity and generate rental income. This property offers a potential ARV north of 400k and higher rents due to three 3 bedrooms. This is a perfect candidate for the BRRR method! Bring your vision and explore the possibilities this Cleveland property has to offer. **Don't miss the opportunity to explore the potential of this Cleveland multifamily property. Schedule your showing today!**
Property details
- MLS
- NOWDD
- MLS #
- 5252590
- Property type
- Quadruplex
- Subdivision
- Peter Higgins
- Status
- Active
- Days on market
- 1
- On market date
- October 12, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0689 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.
- Enrollment
- 287
- Student:teacher ratio
- 14.4:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 329
- Student:teacher ratio
- 11.8:1
- District
- Horizon Science Acad Cleveland
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 4 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.