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Listed price in listed location currency (USD).
$235,000

440

MLS® 5193530

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4911 sqft
Garage No
Taxes $2,876
Days Active 0
Lot Size 0.0658 acres
Approx. Age 1924
Avg. Price Per Sqft $47
MLS® Number 5193530

Property Address: 12014 Iowa Ave, Cleveland, OH, 44108-1500

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied, cash-flowing 4-unit investment opportunity generating income from day one. This solid brick quadruplex features four 1-bedroom, 1-bath units, all currently tenant occupied with rents ranging from $650–$860 per month. The property offers approximately 4, 900 square feet of living space across two levels and presents a great opportunity for investors seeking stable rental income with long-term hold potential. Conveniently located in Cleveland’s Eddy Road neighborhood just south of I-90, offering quick highway access and proximity to local amenities. There is also a value-add opportunity, as the property is pending city approval to convert the existing 1 bed / 1 bath units into 2 bed / 1 bath units, which may increase rental demand and future rent potential. This provides investors with the ability to enhance unit layouts and maximize income potential over time.
MLS® Number5193530
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0658
Exterior
GarageNo
Approx. Age1924
BasementUnfinished
DrivewayOutside, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$235,000List Price
  • Commute

Commute

Starting Address
Destination Address
12014 Iowa Ave, Cleveland, OH

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