$290,000
About this home
Unlock the potential of this income-producing four-unit investment property in Cleveland! Featuring four spacious 3-bedroom, 1-bathroom units, this fully occupied multifamily asset offers strong in-place rental income, and a solid foundation for long-term portfolio growth. The property is lead-certified and has rental registration in place. Recent improvements include a resealed roof in 2025 and completed unit turns, positioning the building for continued performance. With rents already strong and at market levels in three units, investors will appreciate the additional upside in one unit, where a month-to-month tenancy presents the opportunity to potentially double the current rental income. Conveniently located near Cleveland's city amenities, shopping, dining, and transportation, this property combines immediate cash flow, value-add potential, and long-term investment appeal in one compelling opportunity.
Property details
- MLS
- NOWDD
- MLS #
- 5254434
- Property type
- Quadruplex
- Subdivision
- Geo E Daschomas
- Status
- Active
- Days on market
- 2
- On market date
- October 18, 2026
- Stories
- 2
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1107 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
- 208
- Student:teacher ratio
- 14.9:1
- District
- University of Cleveland Preparatory School
- Enrollment
- 581
- Student:teacher ratio
- 11.9:1
- District
- Cleveland Heights-University Heights City
- Enrollment
- 334
- Student:teacher ratio
- 27.8:1
- District
- Cleveland Academy for Scholarship Technology and Leadership
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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
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 17 hr 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.