USAOHClevelandCowles Brooks & Smyth889 E 143Rd St
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New
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$175,000

For Sale

7 hours ago

889 E 143Rd St, Cleveland, OH

House

MLS® 5207661

8 Bed

4 Bath

5700 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 5700 sqft
Garage 
Taxes $4,004
Days Active 0
Lot Size 
Approx. Age 1926
Avg. Price Per Sqft $30
MLS® Number 5207661

Property Address: 889 E 143rd St, Cleveland, OH, 44110-3442

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

Description

Value-Add 4-Unit with Major Capital Improvements Already Completed! Located just south of the growing Collinwood Arts District, 889 E 143rd offers investors the opportunity to increase cash flow where many of the major expenses have already been addressed. This 4-unit building consists of 2-bedroom units and currently has two paying tenants, one vacant unit ready for light cosmetic updates, and one non-paying tenant in need of eviction. Current rents include Unit 2 at $475/month plus $50 water reimbursement and Unit 4 at $800/month, leaving significant room for future rental growth once stabilized. Unit 3 has already been cleaned out and can be turned quickly with minor updates.Recent improvements include a brand-new roof (2025), all new windows in Unit 3 (2025), all hot water tanks replaced (2026), serviced furnaces in strong working condition (2026), and cleaned-up electrical. The owner has also invested thousands into pest-proofing the property following concerns from Unit 4. Market rents are around $950 which produces a 15% cap rate once all units are renovated. Located near the shops, restaurants, galleries, and nightlife of the Collinwood Arts District—including local favorite Six Shooter Coffee—and minutes from Euclid’s major waterfront redevelopment project improving public access to Lake Erie, this property offers both immediate upside and long-term neighborhood growth potential. Create value with some minor updates or even house hack and live in one of the units, either way- this is a great investment. Please note: the seller is not offering seller financing.
MLS® Number5207661
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
BasementFull, Unfinished
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$175,000List Price
  • Commute

Commute

Starting Address
Destination Address
889 E 143Rd St, Cleveland, OH

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