$515,000
About this home
Don’t miss this great investment opportunity in Cleveland’s desirable West Park area! This renovated four-unit property features four 2-bedroom, 1-bath units, each with an open-concept living and kitchen area and its own laundry. The building was completely gutted and renovated from the studs. Major updates include four Goodman high-efficiency furnaces with A/C, power-vent hot water heaters, updated electrical and plumbing, insulation, ductwork, low-E vinyl windows, fiberglass entry doors, and a durable roof system. Each unit is equipped with a refrigerator, microwave, and electric range. Three of the four units are currently occupied, providing rental income while offering the flexibility to live in the vacant unit or rent it out for additional income. Recent exterior improvements include new gravel in the driveway and parking area, stained exterior wood, updated landscaping, and tree removal. Potential Cap Rate 9% Conveniently located near public transportation, shopping, parks, schools, churches, and Kamms Corners, with Fairview Hospital approximately 2 miles away. A great opportunity for investors or owner-occupants looking to build equity while generating rental income!
Property details
- MLS
- NOWDD
- MLS #
- 5252585
- Property type
- Quadruplex
- Subdivision
- Halloway
- Status
- Active
- Days on market
- N/A
- On market date
- October 15, 2026
- Stories
- 2
- Total bathrooms
- 4
- Garage spaces
- N/A
- 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.
- Enrollment
- 297
- Student:teacher ratio
- 12.9:1
- District
- Global Ambassadors Language Academy
- Enrollment
- 197
- Student:teacher ratio
- 32.8:1
- District
- Constellation Schools: Westpark Community Middle
- Enrollment
- 238
- Student:teacher ratio
- 18.3:1
- 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 1 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.