15924 Euclid AVE Active Save Request In-Person Tour Request Virtual Tour
East Cleveland,OH 44112
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Euclid
MLS Listing ID 5138938
Bedrooms 8
Full Baths 4
Year Built 1916
Annual Tax Amount $365
Tax Year 2024
Lot Size 4,769 Sqft
Property Sub-Type Quadruplex
Property Description
Attention investors! This large quadplex in the heart of East Cleveland (44112) is a diamond in the rough, ready for the right buyer to bring it back to life. With four spacious units under one roof, this property offers significant cash flow potential once fully renovated.
Located just minutes from University Circle, the Cleveland Clinic, Case Western Reserve University, and downtown Cleveland, this area is seeing increased investor interest and revitalization efforts. Multifamily demand is rising as housing affordability continues to be a challenge for renters — making this quad an ideal buy-and-hold or BRRRR strategy play.
ARV estimated between $220K–$260K based on comparable renovated quads in the area. Rents for updated 2-bed units in this zip code average $750–$850 per month, meaning once stabilized, this property could gross over $3,000/month.
This is a full rehab project and is being sold as-is. Bring your contractor, your vision, and your calculator — opportunities like this don't come around often.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features On Street
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Special Listing Condition Standard