UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,475 sqft
Price per Sqft $60
Subdivision Lawrence
MLS Listing ID 5241104
Bedrooms 10
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 4,475
Year Built 1900
Annual Tax Amount $3,290
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Property Description
After minor renovations, these four units could potentially earn over $6,000 in rental income.
With a little TLC, these properties will be ready to rent and start earning you passive income. Not vacant for long! The last tenants were moved out by June of 2026 as the seller wanted to sell vacant. This longtime landlord is tired - and ready to retire and hand over keys to a new investor.
1336/1338 offers 3 bedrooms each side with one bath and walk up attic. By simply adding a door downstairs, there may be an opportunity to create a fourth bedroom in each unit, potentially increasing rental income and overall property value without sacrificing space. Both units have a dining room and living room….plus this additional space that could be a 4th bedroom.
1342 offers one 3 bedroom unit and one 2 bedroom unit and also has a walk up attic.
Some major improvements are already in place, including replacement windows and furnaces that are approximately 10 years old. Both properties have slate roofs and share a driveway. Laundry in the basement.
If you are looking to expand your rental portfolio, this is a unique opportunity to acquire two neighboring duplexes in one transaction.
Section 8 rent standards for these units, in this zip code are as follows:
2 bedroom - $1,276
3 bedroom - $1,638
4 bedroom - $1,751
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 001-07-036
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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Dawn Semancik
Team Leader License ID: SAL.2016005292
Team Leader License ID: SAL.2016005292
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