- 8 beds
- 4 baths
- 3,776 sqft
- $50 per sqft
- 1890 build
- – on site
Fantastic Investment Opportunity in the Heart of Slavic Village! This 4-unit property at 5611 Fleet Avenue offers a strong blend of cash flow potential and long-term upside. The building features two spacious 2 bed/1 bath units, one 3 bed/1 bath unit, and one 1 bed/1 bath unit—ideal for attracting a variety of tenants. Recent updates include newer windows throughout. Two of the four units are currently occupied: one long-term month-to-month tenant paying $480/month and another paying $863/month, also on a month-to-month lease. Whether you’re a seasoned investor looking to expand your portfolio or a newer investor seeking a property with built-in income and value-add potential, this is a smart play in a rapidly developing neighborhood. Close to shops, parks, and easy highway access.
Last checked:
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Last updated Jun 17, 2025
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MLS# 5128192 —
The Building
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Year Built:1890
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:3776.0
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Above Grade Finished Area Source:Realist
Room Dimensions
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Living Area:3776.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
Location
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Directions:Take I-77 South. Exit 159B for Fleet Ave. Turn left onto Fleet Ave. Go about 1.5 miles. Arrive at 5611 Fleet Ave, Cleveland, OH 44105
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Latitude:41.456298
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Longitude:-81.649964
The Property
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Parcel Number:131-37-036
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Lot Size Acres:0.1377
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Lot Size Area:0.1377
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Fencing:ChainLink
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 351-3051
- Office phone:
- (440) 318-1620
Taxes
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Tax Year:2024
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Tax Legal Description:317 COOK 0552 ALL
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Tax Annual Amount:$3,910
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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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/5611-Fleet-Avenue-Cleveland-OH-44105/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas,HotWater,Steam
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Laundry Features:CommonArea
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:Hubbard Cooke Trustees
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Detached,Garage,Paved
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 |
---|---|---|---|---|
6/4/25
Jun 4, 2025
|
Listed / Active | MLS_NOW | $189,000 |