OH > Cleveland > Miles Heights Allotment
Cleveland, OH 44128,4412 E 156th ST
Cleveland, OH 44128,4412 E 156th ST
Cleveland, OH 44128,4412 E 156th ST
Cleveland, OH 44128,4412 E 156th ST
Cleveland, OH 44128,4412 E 156th ST
Cleveland, OH 44128,4412 E 156th ST
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Aaron Gobble

Aaron Gobble

+1(330) 612-2155
$ 450,000
Est. payment | /mo

0.43 Acres Lot

Save
$ 450,000
Est. payment | /mo
Save

0.43 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Miles Heights Allotment

MLS Listing ID 5171179

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,182

Tax Year 2024

Lot Size 0.426 Acres

Acres 0.426

Property Sub-Type Other

Property Description

Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Present Use Multi-Family,Residential,Single Family

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 142-13-068

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Northern Ohio Regional MLS (YES-MLS)
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
Aaron Gobble

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 612-2155

agobble21@gmail.com

Akron, OH, United States

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4412 E 156th ST