Melanie Maltese
REALTOR®
BEDS8
BATHS4 full
SQUARE FEET4,752
MLS#5201565
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNewman
SCHOOLCleveland Municipal - 1809
Property Description
NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you're an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $6,060 / year
Year Built: 1915
Feature Descriptions
Exterior: Brick, Vinyl Siding
Parcel#: 125-12-072
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: CliffLouis@kw.com, 203-554-9020
Shown By
Agent Name: Melanie Maltese
Agent Phone: (330) 904-2526
Agency Title: DeHOFF REALTORS
Estimate Your Payment
Estimated Payment
$ 1,541.05 per month $971.88 Principal & Interest $505.00 Property Tax $64.17 Homeowner's InsuranceChange Payment Information
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6538 Newman Avenue | MLS# 5201565
This multi-family property located at 6538 Newman Avenue , Cleveland, OH 44127 is currently listed for sale with an asking price of $220,000. Newman Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on melmaltese.dehoff.com today.