Listed by Meredith D Hardington of Howard Hanna (meredithhardington@howardhanna.com,216-618-2040)
Exceptional 6-Unit Investment Opportunity in Old Brooklyn! Whether you're looking to expand your portfolio or secure a stable, cash-flowing asset, this fully occupied multifamily property checks all the boxes. Featuring six fully leased units with several long-term tenants, this building offers immediate, reliable income from day one while providing substantial upside for the next owner. Current rents range from $650 to $825 per month, presenting an excellent opportunity to increase revenue over time. Several units have already been updated with durable luxury vinyl plank flooring, while others require only minor cosmetic improvements to maximize rental potential. As units naturally turn over, investors can modernize interiors and capture stronger market rents, creating significant value with relatively modest capital improvements. Located in the heart of Old Brooklyn-one of Cleveland's most established and consistently desirable rental markets-this property benefits from strong tenant demand, convenient access to Downtown Cleveland, major highways, Metroparks, shopping, and dining. Whether you're seeking dependable cash flow today or long-term appreciation through strategic rent growth, this property offers the ideal combination of stability and value-add potential. Don't miss the opportunity to acquire a well-maintained, income-producing asset with immediate returns and room to grow.

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Based on information submitted to MLS Now as of August 3, 2026 4:53 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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