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Listed price in listed location currency (USD).
$169,900

840

MLS® 5244490

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 7044 sqft
Garage 
Taxes $4,647
Days Active 1
Lot Size 0.1607 Acres
Approx. Age 1904
Avg. Price Per Sqft $24
MLS® Number 5244490

Property Address: 1624 E 82nd St, Cleveland, OH, 44103-3483

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

Description

“Opportunity awaits at this massive 4-unit property located just minutes from University Circle! Offering over 7, 000 square feet of space, this building has already undergone extensive renovations and is ready for the next owner to bring the project across the finish line. Major improvements include updates to the roof, electrical, plumbing, windows, and HVAC, taking care of many of the costly components of a renovation. Full sealed architectural plans, including applicable engineering drawings for the mechanical systems, have already undergone City of Cleveland review and approval, with permits pulled—eliminating much of the upfront planning, engineering, permitting, and major infrastructure work typically associated with a renovation of this scale. With much of the major utility and mechanical infrastructure is also already in place: electrical, gas, and water meters have been installed; rough-ins have passed City inspection; hot and cold water are on; laundry sinks are installed; and the property includes four brand-new electric water heaters and four brand-new high-efficiency furnaces, the property is positioned for the next owner to focus on finishes and bring the renovation across the finish line. With the interior already opened up and much of the groundwork already in place; simply bring your contractor and vision to complete the remaining work. With four units, substantial square footage, and a convenient location near University Circle, Case Western Reserve University, Cleveland Clinic, University Hospitals, and all that the surrounding area has to offer, this property presents an excellent opportunity for an investor looking to complete a value-add multifamily project.
MLS® Number5244490
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
BasementFull, Unfinished
DrivewayDriveway, Unpaved
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Price History

Last Sold Price

$60,000$60K

Appreciation

--

Avg. Days Listed

11 days

Today, For Sale for $169,900

For Sale · 0 days

$169,900

MLS® 5244490

12 hours ago

Not Sold Yet

September 2026, For Sale for $169,900

For Sale · 0 days

$169,900

MLS® 5244490

12 hours ago

Not Sold Yet

March 2024, Sold for $60,000

View of front of property
Sold · 11 days

$60,000$70,000

MLS® 5019135

3 years ago

Sold on Mar 5, 2024

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