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USAOHClevelandBrooklyn8005 Lake Ave
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8005 Lake Ave, Cleveland, OH

House

For Sale

Listed price in listed location currency (USD).
$425,000

440

MLS® 5219364

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3030 sqft
Garage 
Taxes $5,569
Days Active 2
Lot Size 0.0761 Acres
Approx. Age 1915
Avg. Price Per Sqft $140
MLS® Number 5219364

Property Address: 8005 Lake Ave, Cleveland, OH, 44102-1961

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

Description

This beautifully updated and rare brick 4-unit multifamily property is located on the historic Lake Avenue between Clifton blvd and Detroit Ave, in one of Cleveland’s most desirable and rapidly appreciating neighborhoods. Just one block from 78th Street Studios and minutes from Edgewater Beach, Gordon Square, Ohio City, Tremont and downtown, this location offers unbeatable proximity and tenant appeal. Four 1-bedroom, 1-bathroom units feature a mix of refinished hardwood floors, high ceilings, updated bathrooms, stainless steel appliances, separate climate control and separate washer/dryer in the basement for each unit. Recent major improvements include new windows (2023) and a new EPDM roof (2024), delivering immediate peace of mind and lower maintenance costs for the next owner. The property also boasts an upstairs private deck and a downstairs covered deck, plus ample basement storage. Investor Highlights: strong rental demand and the possibility to add additional bedrooms or convert space for increased income. Adjacent to three Land Bank lots with outstanding opportunity for expansion, additional parking, or new construction (buyer to verify). Solid bones, tasteful updates, and excellent curb appeal on a charming tree-lined street. This turnkey multi-family asset is perfectly positioned for both immediate cash flow and long-term appreciation in a high-demand area near parks, dining, arts, and entertainment. Whether you’re looking for a solid income producer or a value-add project with upside, this Lake Avenue property checks every box.
MLS® Number5219364
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
BasementFull, Interior Entry, Storage Space, Unfinished
DrivewayAdditional Parking, Asphalt, Driveway
Garage Spaces
HeatForced Air
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$425,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $425,000 and $462,000.
Similar properties in this area sold on average for: $449,612
Expected to sell in 58 days. Similar properties sold in 60 days. This home has been on Zoocasa for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address
8005 Lake Ave, Cleveland, OH

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