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Listed price in listed location currency (USD).
$199,000

840

MLS® 5195946

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 5028 sqft
Garage No
Taxes $1,752
Days Active 0
Lot Size 0.1111 acres
Approx. Age 1900
Avg. Price Per Sqft $39
MLS® Number 5195946

Property Address: 1319 E 66th St, Cleveland, OH, 44103-2607

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

Description

4-Unit Opportunity – Strong Cash Flow Potential! Investor-focused four-unit multifamily in a rapidly growing Cleveland location! This property offers an ideal mix of immediate income and upside, perfect for both local and out-of-state investors looking to build cash flow and equity. Two units are currently occupied at $795/month and $750/month, providing instant income from day one. The remaining two units are vacant, giving you the ability to place your own tenants at market rents and significantly increase returns. One of the vacant units is already rent-ready with fresh carpet, allowing for quick lease-up and faster stabilization. Each unit features a spacious 2-bedroom, 1-bath layout with large living areas, long hallways, and additional flex space—highly desirable for tenants and supportive of strong rental demand. The generous unit sizes make this property stand out compared to typical multifamily layouts in the area. At just $199, 000, this is a low entry price for a four-unit asset with major upside. Whether you’re looking to increase rents, fill vacancies, or hold for long-term appreciation, this deal checks all the boxes for a high-performing investment. Perfect for investors seeking: • Immediate income with value-add potential • Strong cash flow at a low purchase price • Large, desirable unit layouts • Opportunity to boost rents and equity quickly Opportunities like this don’t last—secure a high-upside multifamily asset in one of Cleveland’s active rental corridors!
MLS® Number5195946
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1111
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$199,000List Price

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