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Key Details
Sold Price $214,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,911 sqft
Price per Sqft $43
Subdivision Eddy Road Allotment
MLS Listing ID 5193530
Sold Date 05/15/26
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,911
Year Built 1924
Annual Tax Amount $2,876
Tax Year 2025
Lot Size 2,866 Sqft
Acres 0.0658
Property Sub-Type Quadruplex
Property Description
Fully occupied, cash-flowing 4-unit investment opportunity generating income from day one. This solid brick quadruplex features four 1-bedroom, 1-bath units, all currently tenant occupied with rents ranging from $650–$860 per month.
The property offers approximately 4,900 square feet of living space across two levels and presents a great opportunity for investors seeking stable rental income with long-term hold potential.
Conveniently located in Cleveland's Eddy Road neighborhood just south of I-90, offering quick highway access and proximity to local amenities.
There is also a value-add opportunity, as the property is pending city approval to convert the existing 1 bed / 1 bath units into 2 bed / 1 bath units, which may increase rental demand and future rent potential. This provides investors with the ability to enhance unit layouts and maximize income potential over time.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Outside, On Street
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-06-037
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Wayne Brooks • EXP Realty, LLC.
NEARBY SCHOOLS & BUSINESSES
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