Listed by Tal Tamir of Russell Real Estate Services (tal@premierclevelandinvesting.com,216-870-8687)
Four-unit investment property on Cleveland's west side offered at just $49,750/door, currently generating $17,815 in annual NOI at an 8.95% cap rate. Three of the four units are now occupied, including the basement unit recently leased at $700/month, leaving just the top unit to fill and meaningful upside as it leases. Built in 1910, this well-constructed multi-family sits in the 44102 zip code with easy access to I-90, I-71, and I-480, making it a consistently rentable location for Cleveland's west-side workforce. The proforma tells the better story: fully leased at market rents, NOI climbs to $24,900 and the cap rate reaches 12.51%. Go-and-show for qualified buyers.

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Based on information submitted to MLS Now as of July 15, 2026 11:30 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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