Located in the heart of Ohio City, one of Cleveland’s strongest rental submarkets, this four-unit property offers immediate income with significant upside. Three of the four units are currently occupied on month-to-month leases, providing in-place cash flow while allowing flexibility for repositioning or rent adjustments to market rate. One vacant one-bedroom unit (approximately 450 SF) creates an immediate opportunity for lease-up or owner-occupancy. While current financials are limited due to inherited ownership, market rents in Ohio City for comparable 1 bed / 1 bath units commonly range between $800–$1,200+ per month, depending on size, condition, and finishes.
With separate entrances and a corner lot location near West 25th, this asset checks the boxes for: long-term hold, value-add reposition, house-hack strategy, and portfolio expansion in a high-demand corridor. In Ohio City, scale at this price point is increasingly rare.
136 days
|
39
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Denise M Zervos216-440-9089Zervos@ContactPlatinum.com,
Platinum Real Estate,
Jared Bush440-231-7404,
Platinum Real Estate
Source: MLS Now,MLS#: 5188503Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Heating
Forced Air
Cooling
None, Other
Features
Basement: Interior Entry,Other,Partial
Interior area
Total structure area: 2,310
Total interior livable area: 2,310 sqft
Finished area above ground: 2,310
Property
Parking
Parking features: No Garage, On Street, Unassigned
Features
Levels: Two
Stories: 2
Exterior features: Private Entrance
Fencing: Chain Link,Front Yard
Has view: Yes
View description: City, Park/Greenbelt
Lot
Size: 3,362 Square Feet
Features: Corner Lot, Front Yard, Irregular Lot, Other, Pie Shaped Lot
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.