- 8 beds
- 4 baths
- 4,268 sqft
- $8 per sqft
- 1915 build
- – on site
More homes
Investor Special – 4-Unit Brick Multifamily | Full Renovation Opportunity | High ROI Potential Calling all savvy investors! This solid 4-unit brick property offers a rare opportunity to add serious value through a full renovation. With each unit primed to bring in pro forma rents of $1,000/month, this property has the potential to generate $4,000/month in gross rental income once stabilized. Whether you're looking for your next fix & flip, BRRRR opportunity, or a long-term buy-and-hold asset, this one checks all the boxes. All units are currently vacant, giving you a clean slate to design and upgrade to your standards. Located in an area with strong rental demand, this multifamily is structurally sound with all-brick construction—just waiting for your vision to unlock its full potential. Plenty of upside for the experienced investor ready to roll up their sleeves. Don't miss this chance to create cash flow and equity—properties like this don't last long! *Note: The property is currently condemned by the city of Cleveland.
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Last updated Jun 25, 2025
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MLS# 5126234 —
The Building
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Year Built:1915
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Year Built Source:PublicRecords
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Construction Materials:Brick
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# of Buildings:1
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Roof:Composition,Flat
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Levels:ThreeOrMore,Two
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Stories:2
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Basement:Full
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Basement:true
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Above Grade Finished Area:4268.0
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Above Grade Finished Area Source:Assessor
Room Dimensions
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Living Area:4268.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
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Buyer Financing:Cash
Location
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Directions:South of I-90
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Longitude:-81.617416
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Latitude:41.530565
The Property
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Property Type:ResidentialIncome
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Property Condition:Fixer
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Parcel Number:109-04-149
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Lot Size Acres:0.1148
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Lot Size Area:0.1148
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 870-8687
- Office phone:
- (440) 526-9400
Taxes
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Tax Year:2024
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Tax Legal Description:369 COLUMBIA 0121 ALL
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Tax Annual Amount:$2,576
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Columbia Allotment
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Pool Private:false
Parking
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Parking Features:Driveway
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Garage:false
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Attached Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/25
Jun 20, 2025
|
Sold | MLS_NOW | $37,000 | 6.0% |
6/4/25
Jun 4, 2025
|
Pending | MLS_NOW | $34,900 | |
5/28/25
May 28, 2025
|
Listed / Active | MLS_NOW | $34,900 |