Quadruplex at 6538 Newman Avenue, Cleveland
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30 photos

$215,000

6538 Newman Avenue
Cleveland, OH 44127
Listed by Cliff Louis · Keller Williams Greater Metropolitan
Bedrooms
8
Bathrooms
4
Living area
4,752 sqft
Year built
1915

About this home

NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you’re an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.

Property details

MLS
NOWDD
MLS #
5201565
Property type
Quadruplex
Subdivision
Newman
Status
Active
Days on market
51
On market date
April 15, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1527 acres
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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.

Elementary
Anton Grdina
0.29 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
302
Student:teacher ratio
13.1:1
District
Cleveland Municipal
Middle
Roxboro Middle School
3.07 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
581
Student:teacher ratio
11.9:1
District
Cleveland Heights-University Heights City
HighCharter
Regent High School
0.8 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
32.1:1
District
Regent High School

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).

66
Walkable
out of 100
EPA National Walkability Index
8.7 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks17
Schools11
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 51 days -- 1 more days than Cleveland's current average of 50 days.
For reference, the median list price across 2,478 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,445/mo
$43,000 down
$172,000 loan
Principal & interest$1,116
Property tax (est.)$179
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 5, 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.