bedrooms
4
bathrooms
2
square feet
2,032
Acreage
0.1377
Open Houses
-
year built
1923
Full Baths
2
Half Baths
0
Truly Turnkey Multi-Family Investment or Owner Occupied with Strong Cash Flow
This well-maintained, income-generating multifamily property is conveniently located just off I-71, offering quick access to Downtown Cleveland and surrounding areas. Whether you’re an investor looking for immediate cash flow or seeking a low-maintenance portfolio addition, this property delivers.
Property Features:
• Spacious two-car garage with updated electrical, drywall, attic storage, and modern door opener
• Recently replaced roof and gutters for long-term durability
• Energy-efficient vinyl windows
• Updated HVAC and water tanks for each unit
• Private decks and balconies for outdoor living
• Large front porches adding to the classic Cleveland charm
Investment Highlights:
• Fully leased with long-term tenants, generating $2,080 per month in rental income
• Lease terms include 2% annual rent increases, providing built-in income growth
• Unfinished attic offers the potential to convert into an additional income source
Located in the peaceful Jefferson Park neighborhood, this property is positioned for long-term value and stable rental income. The price has been adjusted to reflect current market conditions, making this a great opportunity for investors looking for strong returns.
Serious buyers should schedule a showing today and secure a high-quality investment.
Location | |
Subdivision | Jefferson Park |
County | Cuyahoga |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 5083723
Listing agent:
Jay Silva
#2018000951
Listing broker:
Keller Williams Citywide
(440) 892-2211
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, April 22 2025 at 3:39 p.m. EDT
Kotohomes National
Other listings you might be interested in
$249,900
4 Bed •
2 Bath •
2,160 ft²
4202 Milford Avenue
Parma, OH 44134
$249,900
4 Bed •
2 Bath •
1,858 ft²
2017 Clover Avenue
Cleveland, OH 44109
$255,000
4 Bed •
2 Bath •
1,900 ft²
3992 W 63rd Street
Cleveland, OH 44144
$229,900
4 Bed •
2 Bath •
2,138 ft²
5002 Archmere Avenue
Cleveland, OH 44144
$215,000
4 Bed •
2 Bath •
2,106 ft²
3516 W 100th Street
Cleveland, OH 44111
$219,900
4 Bed •
2 Bath •
1,950 ft²
3594 W 49th Street
Cleveland, OH 44102
$225,000
4 Bed •
2 Bath •
1,631 ft²
3426 W 65th Street
Cleveland, OH 44102
$200,000
4 Bed •
2 Bath •
1,904 ft²
9036 Lindbergh Boulevard
Olmsted Falls, OH 44138
$265,000
4 Bed •
2 Bath •
1,837 ft²
2195 Barrington Road
University Heights, OH 44118
$310,000
4 Bed •
2 Bath •
2,590 ft²
3812 Archwood Avenue
Cleveland, OH 44109
$239,888
4 Bed •
2 Bath •
2,352 ft²
2348 Edgerton Road
University Heights, OH 44118
$279,000
4 Bed •
2 Bath •
2,151 ft²
3781 Washington Boulevard
University Heights, OH 44118