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Listed price in listed location currency (USD).
$309,000

440

MLS® 5254812

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 2785 sqft
Garage 
Taxes $3,472
Days Active 1
Lot Size 0.1148 Acres
Approx. Age 1910
Avg. Price Per Sqft $110
MLS® Number 5254812

Property Address: 5007 Clark Ave, Cleveland, OH, 44102-4531

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

Description

This mixed-use building is an excellent investment opportunity! This fully occupied, income-producing mixed-use property features 2 commercial storefronts & 2 residential apartments, generating $3, 600/mo in gross rental income! Both storefronts are leased to the same company, operating a barbershop & retail store, for a combined $1, 100/mo. With estimated market rents of $800–$900 per storefront, investors have potential to increase future income! Each residential unit offers 2 bedrooms, 1 full bathroom, a spacious living room, functional kitchen & adjoining dining area. Both apartments have stable tenants paying $1, 250/mo each, providing immediate cash flow. Extensive renovations include newer windows, updated flooring, fresh paint, appliances, new washers & dryers, newer furnaces & hot water tanks, upgraded electrical panels & service, new sewer lines & a roof approximately one year old! The basement provides additional storage & potential value-add opportunities. A privacy fence separates tenants’ backyard spaces, plus 4 rear parking spaces provide convenient off-street parking. With dependable occupancy, multiple income streams & major improvements already completed, this property offers a compelling blend of current cash flow & future upside. Separate residential & commercial spaces offer flexibility for long-term leasing strategies, adding to this property’s investment appeal. Conveniently located on Cleveland’s West Side near I-90, I-71 & I-490, MetroHealth Main Campus, public transportation, schools, shops, parks, restaurants & everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don’t miss the chance to expand your portfolio with this renovated, fully occupied mixed-use investment! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.
MLS® Number5254812
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFull
DrivewayParking Lot
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

59 days

Today, For Sale for $309,000

Multi-story brick exterior featuring a prominent second-story bay window, ground-level storefront display windows, and a metal security fence
For Sale · 1 day

$309,000

MLS® 5254812

A day ago

Not Sold Yet

October 2026, For Sale for $309,000

Multi-story brick exterior featuring a prominent second-story bay window, ground-level storefront display windows, and a metal security fence
For Sale · 1 day

$309,000

MLS® 5254812

A day ago

Not Sold Yet

August 2026, For Sale for $319,900

For Sale · 59 days

$319,900

MLS® 5239176

2 months ago

Not Sold Yet

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