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Gross rents of $3,100 per month on this 4 unit quad located in the new up and coming Opportunity Corridor of Cleveland just blocks from Cleveland Clinic, VA and University Hospitals. This sizable 2900+ square feet income producer features 2 - 2 bed/1bath units and 2- 3 bed/1bath units. Tenants pay all utilities other than water/sewer. All units are separately metered. 2 units intentionally vacant to allow for viewing.
Closed
$205,000
8918 Folsom Ave, Cleveland, OH 44104
10beds
2,948sqft
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$191,600 Zestimate®
$70/sqft
$1,102 Estimated rent
Home value
$191,600
$144,000 - $241,000
$1,102/mo
Zestimate® history
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$1,519/mo
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Zillow last checked:
Listing updated:
Listed by:
Robin Ritz 216-990-9159 robinritz@howardhanna.com,
Howard Hanna
Bought with:
Jill Hensel, 2016003499
Howard Hanna
Source: MLS Now,MLS#: 5148621Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Ceiling Fan(s), None
Appliances
- Laundry: None
Features
- Ceiling Fan(s)
- Basement: Common Basement,Unfinished
Interior area
- Total structure area: 2,948
- Total interior livable area: 2,948 sqft
- Finished area above ground: 2,948
Property
Parking
- Parking features: No Garage, None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,530 Square Feet
Details
- Parcel number: 12607078
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vertical Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $150,000
- Annual tax amount: $3,602
- Date on market: 8/16/2025
- Cumulative days on market: 40 days
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 10/27/2025 | Sold | $205,000-14.2%$70/sqft |
Source: MLS Now #5148621 Report a problem | ||
| 10/24/2025 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 10/23/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 9/25/2025 | Pending sale | $239,000$81/sqft |
Source: MLS Now #5148621 Report a problem | ||
| 9/11/2025 | Contingent | $239,000$81/sqft |
Source: MLS Now #5148621 Report a problem | ||
| 8/21/2025 | Price change | $900-2.7% |
Source: Zillow Rentals Report a problem | ||
| 8/16/2025 | Listed for sale | $239,000$81/sqft |
Source: MLS Now #5148621 Report a problem | ||
| 6/30/2025 | Listing removed | $239,000$81/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 6/29/2025 | Listed for sale | $239,000$81/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 6/19/2025 | Pending sale | $239,000$81/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 6/5/2025 | Price change | $925-2.6% |
Source: Zillow Rentals Report a problem | ||
| 5/30/2025 | Price change | $950-2.1% |
Source: Zillow Rentals Report a problem | ||
| 5/17/2025 | Listed for sale | $239,000-4%$81/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 5/13/2025 | Price change | $970-0.5% |
Source: Zillow Rentals Report a problem | ||
| 5/1/2025 | Listing removed | $249,000$84/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 4/16/2025 | Contingent | $249,000$84/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 4/12/2025 | Listed for sale | $249,000+66%$84/sqft |
Source: MLS Now #5111363 Report a problem | ||
| 4/3/2025 | Price change | $975-2.5% |
Source: Zillow Rentals Report a problem | ||
| 3/20/2025 | Price change | $1,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 2/26/2025 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 12/7/2023 | Sold | $150,000-11.8%$51/sqft |
Source: MLS Now #4437739 Report a problem | ||
| 11/24/2023 | Pending sale | $170,000$58/sqft |
Source: MLS Now #4437739 Report a problem | ||
| 11/24/2023 | Listing removed | $170,000$58/sqft |
Source: MLS Now #4437739 Report a problem | ||
| 11/4/2023 | Pending sale | $170,000$58/sqft |
Source: MLS Now #4437739 Report a problem | ||
| 10/24/2023 | Contingent | $170,000$58/sqft |
Source: MLS Now #4437739 Report a problem | ||
| 10/18/2023 | Listed for sale | $170,000$58/sqft |
Source: MLS Now #4437739 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,485 +0% | $52,500 |
| 2024 | $3,484 +687% | $52,500 +819.4% |
| 2023 | $443 +0.6% | $5,710 |
| 2022 | $440 +0.9% | $5,710 |
| 2021 | $436 -68.9% | $5,710 -64% |
| 2020 | $1,401 +8% | $15,860 |
| 2019 | $1,298 +0.3% | $15,860 |
| 2018 | $1,293 -77.9% | $15,860 -2.2% |
| 2017 | $5,853 +38.1% | $16,210 |
| 2016 | $4,239 +6.4% | $16,210 |
| 2015 | $3,983 -40.9% | $16,210 -16% |
| 2014 | $6,743 +39% | $19,290 |
| 2013 | $4,852 +18.2% | $19,290 |
| 2012 | $4,105 -18.5% | $19,290 -14.9% |
| 2011 | $5,034 +72.2% | $22,680 |
| 2010 | $2,923 -25.9% | $22,680 |
| 2009 | $3,943 +28.2% | $22,680 |
| 2008 | $3,077 +45.5% | $22,680 |
| 2007 | $2,115 +17.1% | $22,680 |
| 2006 | $1,806 -6.6% | $22,680 -0.9% |
| 2005 | $1,933 +7% | $22,890 |
| 2004 | $1,807 +5.4% | $22,890 |
| 2003 | $1,715 +21.4% | $22,890 +14.5% |
| 2002 | $1,413 -24.4% | $19,990 |
| 2000 | $1,869 | $19,990 |
Find assessor info on the county website
Neighborhood: Fairfax
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Nearby schools
GreatSchools rating
- 3/10Bolton PreK-8 SchoolGrades: PK-9Distance: 0.3 mi
- 9/10John Hay Early College High SchoolGrades: 9-12Distance: 0.9 mi
- 8/10John Hay School Of Architecture & DesignGrades: 9-12Distance: 0.9 mi
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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Estimated market value
$191,600
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Estimated market value
$191,600
- Ohio
- Cuyahoga County
- Cleveland
- 44104
- Fairfax
- 8918 Folsom Ave
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