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Listed price in listed location currency (USD).
$419,000

1260

MLS® 5155900

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 6424 sqft
Garage 
Taxes $5,373
Days Active 263
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $65
MLS® Number 5155900

Property Address: 7507 Lawnview Ave, Cleveland, OH, 44103-3384

Average square foot calculated using Size range provided by listing agent.

Description

RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5, 675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5, 675: • 7507 – $1, 400 • 7509 – $1, 385 • 7511 – $1, 250 • 7513 – $1, 640 That’s $68, 100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights: • Four side-by-side 3-bedroom townhome units • Private basements & dual entrances for every unit • Renovated interiors with LVP & granite finishes • Multiple newer furnaces & key upgrades completed • Fully rented, strong Section 8 tenancy • Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499, 900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!
MLS® Number5155900
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementUnfinished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jul 15, 2023End Date
$340,000Sold Price

Sold

May 6, 2026List Date
$379,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 11, 2025List Date
$419,000List Price
  • Commute

Commute

Starting Address
Destination Address
7507 Lawnview Ave, Cleveland, OH

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