$322,000
$324,900
0.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,864 SqFt
SOLD DATE : 05/09/2025
Key Details
Sold Price $322,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,864 sqft
Price per Sqft $83
Subdivision Stone
MLS Listing ID 5110954
Sold Date 05/09/25
Bedrooms 4
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 3,864
Year Built 1900
Annual Tax Amount $5,396
Tax Year 2024
Lot Size 2,308 Sqft
Acres 0.053
Property Sub-Type Quadruplex
Property Description
Rare chance to acquire a four-unit multifamily property in one of Cleveland's most sought-after neighborhoods—just steps from Tremont's top bars and restaurants and minutes from downtown. Each one-bedroom, one-bath unit has its own water tank and furnace, minimizing landlord expenses to just water and sewer. With only cosmetic updates needed, investors can quickly reposition the property and achieve market rents of $1,100+ per unit. A dedicated parking lot adds tenant appeal, while full vacancy expected by May 1st provides immediate renovation flexibility. Don't miss this high-demand opportunity in a prime Cleveland location!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features On Site, Paved
Water Access Desc Public
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More, Two
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 004-19-055
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Thomas D Kazanas • HomeSmart Real Estate Momentum LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "