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Listed price in listed location currency (USD).
$250,000

840

MLS® 5181325

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $2,249
Lot Size 0.0872 acres
Approx. Age 1912
MLS® Number 5181325

Property Address: 1811 Lakeview Rd, East Cleveland, OH, 44112-4762

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

Description

Discover a rare investment opportunity in the rapidly growing Circle East District, just steps from Little Italy and right at the edge of the highly sought-after University Circle. This remodeled 4-unit building is fully refreshed and ready for tenants, with one unit currently occupied by a steady Section 8 tenant at $950 per month. Featuring durable vinyl windows and a roof approximately five years old, the property offers low-maintenance ownership in an area undergoing major transformation. Utilities along Euclid Avenue were upgraded last year, and full infrastructure work on this street is slated for spring/summer 2026—positioning this block for significant appreciation. Located within a federally designated Opportunity Zone, investors can take advantage of substantial tax benefits while benefiting from the neighborhood’s momentum. With new construction homes selling for $400, 000 just one block away, the upside is undeniable. A chance to secure prime real estate in the heart of Cleveland’s most rapidly expanding cultural, medical, and educational hub—at pennies on the dollar.
MLS® Number5181325
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0872
Exterior
GarageNo
Approx. Age1912
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Jan 14, 2026List Date
$250,000List Price
Sep 16, 2023End Date
$150,000Sold Price

Sold

Apr 9, 2023List Date
$160,000List Price

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