2
See all 2 photos
$25,000
Est. payment /mo
8 Beds
4 Baths
4,769 Sqft Lot
New
15924 Euclid AVE East Cleveland, OH 44112
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Key Details
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Euclid
MLS Listing ID 5138938
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1916
Annual Tax Amount $365
Tax Year 2024
Lot Size 4,769 Sqft
Acres 0.1095
Property Sub-Type Quadruplex
Property Description
Attention investors! This large quadplex in the heart of East Cleveland (44112) is a diamond in the rough, ready for the right buyer to bring it back to life. With four spacious units under one roof, this property offers significant cash flow potential once fully renovated.
Located just minutes from University Circle, the Cleveland Clinic, Case Western Reserve University, and downtown Cleveland, this area is seeing increased investor interest and revitalization efforts. Multifamily demand is rising as housing affordability continues to be a challenge for renters — making this quad an ideal buy-and-hold or BRRRR strategy play.
ARV estimated between $220K–$260K based on comparable renovated quads in the area. Rents for updated 2-bed units in this zip code average $750–$850 per month, meaning once stabilized, this property could gross over $3,000/month.
This is a full rehab project and is being sold as-is. Bring your contractor, your vision, and your calculator — opportunities like this don't come around often.
Located just minutes from University Circle, the Cleveland Clinic, Case Western Reserve University, and downtown Cleveland, this area is seeing increased investor interest and revitalization efforts. Multifamily demand is rising as housing affordability continues to be a challenge for renters — making this quad an ideal buy-and-hold or BRRRR strategy play.
ARV estimated between $220K–$260K based on comparable renovated quads in the area. Rents for updated 2-bed units in this zip code average $750–$850 per month, meaning once stabilized, this property could gross over $3,000/month.
This is a full rehab project and is being sold as-is. Bring your contractor, your vision, and your calculator — opportunities like this don't come around often.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Composition
Garage false
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 673-12-009
Special Listing Condition Standard
Listed by Alexys Jones • Keller Williams Greater Metropolitan • [email protected], 440-694-5551