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Listed price in listed location currency (USD).
$175,000

1050

MLS® 5180847

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4745 sqft
Garage No
Taxes $2,661
Days Active 0
Lot Size 0.1452 acres
Approx. Age 1880
Avg. Price Per Sqft $36
MLS® Number 5180847

Property Address: 3183 W 46th St, Cleveland, OH, 44102-5983

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

Description

Cash-Flow Opportunity – Stabilize & Collect Massive 4, 700 sq ft quadplex with additional flex space + half bath and a bonus extra lot included — all offered at $175, 000. Unit mix: • 2 – Three-bedroom / 1 bath units • 2 – Two-bedroom / 1 bath units • Lower-level flex space with half bath (additional income potential) After approximately $100K in cosmetic improvements and cleanup, this property has projected gross rents of nearly $70, 000 annually at current Section 8 payment standards (3BR ˜ $1, 638/mo; 2BR ˜ $1, 276/mo). Pro forma NOI projects around $50K annually once stabilized, representing an approximate 18% cap rate based on total investment. Mechanicals are solid. Structure is strong. Value-add investors — this is the type of asset that builds long-term portfolio strength. Extra lot provides additional flexibility and future opportunity. SOLD AS-IS. Bring your contractor and your numbers. Opportunities with this scale and return profile at this price point move fast. NO SELLER FINANCING
MLS® Number5180847
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1452
Exterior
GarageNo
Approx. Age1880
BasementUnfinished
DrivewayOn Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$175,000List Price
  • Commute

Commute

Starting Address
Destination Address
3183 W 46 Th St, Cleveland, OH

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