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1852-1854 W 45th Street, Cleveland, OH 44102

$400,000
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BEDS6 BATHS4 full SQUARE FEET3,700 MLS#5234492
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBenedict & Root Allotment SCHOOLEast Cleveland City

Property Description

This quadruplex is offering an outstanding investment opportunity, ideal for investors seeking immediate cash flow with additional upside! The building features 2 units with 2-beds, 1-bath and 2 units with 1-bed, 1-bath, each with its own private entrance, functional layout, generous living areas, and dedicated laundry hookups. Updated vinyl windows, vinyl siding, newer plumbing improvements, and several modern interior finishes help minimize maintenance while increasing long-term tenant appeal. One unit is already occupied, generating $1,175 per month on a 12-month lease, while the remaining three vacant units provide an excellent opportunity to increase rental income through lease-up or value-add improvements. Interior updates throughout include younger kitchens, updated bathrooms, LVP flooring throughout, modern lighting, and updated plumbing fixtures. The property also benefits from separately metered gas and electric utilities, updated PVC, newer hot water tanks, and younger furnaces. The basement offers additional storing space and value add potential. Conveniently located on Cleveland's west side, the property is just minutes from MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, Downtown Cleveland, major highways, shopping, restaurants, schools, public transportation, and countless local amenities, making it an attractive option for a wide variety of tenants. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Whether you're looking to expand your portfolio, generate immediate rental income, or capitalize on the lease-up potential of three vacant units, this property offers the size, flexibility, and upside to become a strong long-term investment. Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

1852-1854 W 45th Street | MLS# 5234492

This multi-family property located at 1852-1854 W 45th Street, Cleveland, OH 44102 is currently listed for sale with an asking price of $400,000. 1852-1854 W 45th Street is located within the East Cleveland City school district. Search Cleveland real estate on www.lydiawalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $9,670 / year
Year Built: 1900

Feature Descriptions

Appliances: Washer
Days on Site: 2
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 002-36-044
Parking: Driveway, Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: East Cleveland City

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty

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Estimated Payment

$ 3,159.99 per month $2,237.49 Principal & Interest $805.83 Property Tax $116.67 Homeowner's Insurance

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