11
See all 11 photos
$129,000
Est. payment /mo
4 Beds
4 Baths
5,170 Sqft Lot
New
568 101 ST Cleveland, OH 44108
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Schatzinger & Tremaines Sub
MLS Listing ID 5230464
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1915
Annual Tax Amount $1,589
Tax Year 2025
Lot Size 5,170 Sqft
Acres 0.1187
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Attention Investors, this is the opportunity you have been waiting for. This solid all brick 4 unit building located in Cleveland's Glenville neighborhood is being delivered vacant, giving the next owner a clean slate to set market rents, select their own tenants and maximize returns from day one.
Located just minutes from Cleveland Clinic, University Hospitals and major healthcare centers with quick access to I-90, I-77 and Downtown Cleveland, this property sits in the heart of consistent rental demand driven by one of the largest healthcare and employment corridors in Northeast Ohio.
Each unit offers 1 bedroom and 1 bath with spacious kitchens and classic easy to maintain finishes that are move in ready for tenants. The two upstairs units each feature their own private porch, adding charm and appeal that helps attract and retain quality renters.
Key updates include a newer roof under 10 years old, water heaters in units 2 (2021) and 4 (2026) and furnaces in units 3 and 4 (2020).
At market rents this building carries a potential gross monthly income of $3,100, making the numbers well worth a closer look at this price point. Each unit was previously rented each for $775.00
And the upside does not stop there. The unfinished attic presents a compelling opportunity to add a fifth unit, a value add that could significantly increase the income potential of this already attractive investment.
A clean brick building, a prime location and room to grow. Schedule your showing today!
Located just minutes from Cleveland Clinic, University Hospitals and major healthcare centers with quick access to I-90, I-77 and Downtown Cleveland, this property sits in the heart of consistent rental demand driven by one of the largest healthcare and employment corridors in Northeast Ohio.
Each unit offers 1 bedroom and 1 bath with spacious kitchens and classic easy to maintain finishes that are move in ready for tenants. The two upstairs units each feature their own private porch, adding charm and appeal that helps attract and retain quality renters.
Key updates include a newer roof under 10 years old, water heaters in units 2 (2021) and 4 (2026) and furnaces in units 3 and 4 (2020).
At market rents this building carries a potential gross monthly income of $3,100, making the numbers well worth a closer look at this price point. Each unit was previously rented each for $775.00
And the upside does not stop there. The unfinished attic presents a compelling opportunity to add a fifth unit, a value add that could significantly increase the income potential of this already attractive investment.
A clean brick building, a prime location and room to grow. Schedule your showing today!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 108-08-112
Acceptable Financing Cash
Listing Terms Cash
Listed by Theresa M Seese • McDowell Homes Real Estate Services • Theresa@sellwithseese.com, 216-666-1411
NEARBY SCHOOL & BUSINESS
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