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  • $315,000

    6128 Lausche Ave, Cleveland, OH 44103

    9beds
    3,140sqft
    : 
    $2,390/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $307,200 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    Nine bedroomsFour bathrooms
    **Investor Opportunity: 6128 Lausche Ave, Cleveland, OH 44103** Unlock exceptional income potential with this spacious quadraplex, ideally situated at 6128 Lausche Ave in the heart of Cleveland. This rare find features a total of nine bedrooms and four bathrooms and is perfectly tailored for the savvy investor seeking strong rental returns. Currently, two units are occupied, providing immediate cash flow, while two units are vacant, offering the flexibility to place tenants of your choice or make improvements to maximize rental income. According to CMHA small area fair market rent payment standards, the potential rental rates are highly attractive: $1,005 for a 1-bedroom, $1,209 for a 2-bedroom, $1,559 for a 3-bedroom, and $1,661 for a 4-bedroom. These competitive rents can help you achieve impressive gross annual returns. The property comes with a lead paint certificate on file, simplifying the leasing process and ensuring compliance with local regulations. The quadraplex configuration not only boosts your revenue opportunities but also diversifies your rental portfolio, reducing vacancy risk. Located minutes from downtown Cleveland, major employers, public transportation, and community amenities, this property is appealing to a wide range of tenants. Don’t miss this chance to acquire a high-demand, income-producing asset in a growing rental market. Whether you’re expanding your real estate portfolio or seeking your first multifamily investment, 6128 Lausche Ave delivers value, stability, and upside potential.
    28 days
    |
    316
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer M Hite 440-864-4844 jenniferhite@howardhanna.com,

    Howard Hanna,

    Jey Rivera 440-714-9741,

    Howard Hanna

    Source: MLS Now,MLS#: 5225105

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Full
      Interior area
      • Total structure area: 3,140
      • Total interior livable area: 3,140 sqft
      • Finished area above ground: 3,140
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Gravel
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 10413056

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Glass
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $100/sqft
      • Annual tax amount: $8,085
      • Date on market: 7/6/2026
      • Cumulative days on market: 33 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: Electricity, Gas, Snow Removal

        Estimated market value

        $307,200

        $292,000 - $323,000

        $1,457/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$315,000+9%$100/sqft
        Source: MLS Now #5225105 Report a problem
        9/11/2024Sold$289,000-3.3%$92/sqft
        Source: MLS Now #5015414 Report a problem
        7/17/2024Pending sale$299,000$95/sqft
        Source: MLS Now #5015414 Report a problem
        6/28/2024Listed for sale$299,000-6.5%$95/sqft
        Source: MLS Now #5015414 Report a problem
        3/19/2024Listing removed--
        Source: MLS Now #5015414 Report a problem
        3/5/2024Price change$319,6700%$102/sqft
        Source: MLS Now #5015414 Report a problem
        2/26/2024Price change$319,770-8%$102/sqft
        Source: MLS Now #5015414 Report a problem
        2/7/2024Listed for sale$347,700+216.1%$111/sqft
        Source: MLS Now #5015414 Report a problem
        11/6/2020Sold$110,000-8.3%$35/sqft
        Source: MLS Now #4201251 Report a problem
        7/8/2020Pending sale$119,900$38/sqft
        Source: Howard Hanna - Avon #4201251 Report a problem
        6/29/2020Listed for sale$119,900+59.9%$38/sqft
        Source: Howard Hanna #4201251 Report a problem
        9/5/2015Listing removed$75,000$24/sqft
        Source: Howard Hanna - Avon Lake #3651345 Report a problem
        1/16/2015Listed for sale$75,000+25.2%$24/sqft
        Source: Howard Hanna - Avon Lake #3651345 Report a problem
        11/27/2014Listing removed$59,900$19/sqft
        Source: Howard Hanna - Avon Lake #3651345 Report a problem
        9/8/2014Listed for sale$59,900-25%$19/sqft
        Source: Howard Hanna - Avon Lake #3651345 Report a problem
        8/29/2010Listing removed$79,900$25/sqft
        Source: Howard Hanna - Avon Lake #3064107 Report a problem
        4/7/2010Listed for sale$79,900-40.8%$25/sqft
        Source: Howard Hanna - Avon Lake #3064107 Report a problem
        11/16/2008Listing removed$135,000$43/sqft
        Source: Real Living #2473397 Report a problem
        7/6/2008Listed for sale$135,000$43/sqft
        Source: Real Living #2473397 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.

        Climate risks

        Neighborhood: St. Claire-Superior

        Getting around

        75 / 100
        Very Walkable
        41 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Municipal - 1809

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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