REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Dawn Semancik

dawnsemancikhomes@gmail.com +1(216) 650-0746

$175,000

Est. payment - /mo

8 Beds

4 Baths

5,998 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Low & Edwards

MLS Listing ID 5217220

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1918

Annual Tax Amount $2,871

Tax Year 2025

Lot Size 5,998 Sqft

Acres 0.1377

Property Sub-Type Quadruplex

Property Description

Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily asset with upside potential, this property checks the boxes: stable occupancy, strong current income, below-market rents, and room to increase returns over time. Offered at an attractive price point, this is an excellent opportunity to acquire a cash-flowing asset with built-in value-add potential.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features None

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 108-22-103

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Jermaine R Burge • Keller Williams Greater Metropolitan • jburge@kw.com, 216-215-5727

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Dawn Semancik

+1(216) 650-0746

Team Leader | License ID: SAL.2016005292

Team Leader License ID: SAL.2016005292

QUICK SEARCH

10413 Yale AVE Cleveland, OH 44108

Dawn Semancik

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION