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$199,000
Est. payment /mo
8 Beds
4 Baths
5,028 SqFt
Pending
1319 E 66th ST Cleveland, OH 44103
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $39
Subdivision John
MLS Listing ID 5195946
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 5,028
Year Built 1900
Annual Tax Amount $1,752
Tax Year 2025
Lot Size 4,839 Sqft
Acres 0.1111
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
4-Unit Opportunity – Strong Cash Flow Potential!
Investor-focused four-unit multifamily in a rapidly growing Cleveland location! This property offers an ideal mix of immediate income and upside, perfect for both local and out-of-state investors looking to build cash flow and equity.
Two units are currently occupied at $795/month and $750/month, providing instant income from day one. The remaining two units are vacant, giving you the ability to place your own tenants at market rents and significantly increase returns. One of the vacant units is already rent-ready with fresh carpet, allowing for quick lease-up and faster stabilization.
Each unit features a spacious 2-bedroom, 1-bath layout with large living areas, long hallways, and additional flex space—highly desirable for tenants and supportive of strong rental demand. The generous unit sizes make this property stand out compared to typical multifamily layouts in the area.
At just $199,000, this is a low entry price for a four-unit asset with major upside. Whether you're looking to increase rents, fill vacancies, or hold for long-term appreciation, this deal checks all the boxes for a high-performing investment.
Perfect for investors seeking:
• Immediate income with value-add potential
• Strong cash flow at a low purchase price
• Large, desirable unit layouts
• Opportunity to boost rents and equity quickly
Opportunities like this don't last—secure a high-upside multifamily four-plex / Quadraplex asset in one of Cleveland's active rental corridors!
Investor-focused four-unit multifamily in a rapidly growing Cleveland location! This property offers an ideal mix of immediate income and upside, perfect for both local and out-of-state investors looking to build cash flow and equity.
Two units are currently occupied at $795/month and $750/month, providing instant income from day one. The remaining two units are vacant, giving you the ability to place your own tenants at market rents and significantly increase returns. One of the vacant units is already rent-ready with fresh carpet, allowing for quick lease-up and faster stabilization.
Each unit features a spacious 2-bedroom, 1-bath layout with large living areas, long hallways, and additional flex space—highly desirable for tenants and supportive of strong rental demand. The generous unit sizes make this property stand out compared to typical multifamily layouts in the area.
At just $199,000, this is a low entry price for a four-unit asset with major upside. Whether you're looking to increase rents, fill vacancies, or hold for long-term appreciation, this deal checks all the boxes for a high-performing investment.
Perfect for investors seeking:
• Immediate income with value-add potential
• Strong cash flow at a low purchase price
• Large, desirable unit layouts
• Opportunity to boost rents and equity quickly
Opportunities like this don't last—secure a high-upside multifamily four-plex / Quadraplex asset in one of Cleveland's active rental corridors!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 106-01-100
Special Listing Condition Standard

Listed by Mark A Colucci • Keller Williams Citywide • markcolucci@kw.com, 440-590-5219
NEARBY SCHOOL & BUSINESS
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