bedrooms
4
bathrooms
2
square feet
2,032
Acreage
0.1377
Open Houses
-
year built
1923
Full Baths
2
Half Baths
0
Truly Turnkey Multi-Family Investment or Owner Occupied with Strong Cash Flow
This well-maintained, income-generating multifamily property is conveniently located just off I-71, offering quick access to Downtown Cleveland and surrounding areas. Whether you’re an investor looking for immediate cash flow or seeking a low-maintenance portfolio addition, this property delivers.
Property Features:
• Spacious two-car garage with updated electrical, drywall, attic storage, and modern door opener
• Recently replaced roof and gutters for long-term durability
• Energy-efficient vinyl windows
• Updated HVAC and water tanks for each unit
• Private decks and balconies for outdoor living
• Large front porches adding to the classic Cleveland charm
Investment Highlights:
• Fully leased with long-term tenants, generating $2,080 per month in rental income
• Lease terms include 2% annual rent increases, providing built-in income growth
• Unfinished attic offers the potential to convert into an additional income source
Located in the peaceful Jefferson Park neighborhood, this property is positioned for long-term value and stable rental income. The price has been adjusted to reflect current market conditions, making this a great opportunity for investors looking for strong returns.
Serious buyers should schedule a showing today and secure a high-quality investment.
Location | |
Subdivision | Jefferson Park |
County | Cuyahoga |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 5083723
Listing agent:
Jay Silva
#2018000951
Listing broker:
Keller Williams Citywide
(440) 892-2211
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, April 22 2025 at 3:39 p.m. EDT
Kotohomes National
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