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4412 E 156th ST Cleveland, OH 44128
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Key Details
Sold Price $370,500
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Miles Heights Allotment
MLS Listing ID 5171179
Sold Date 05/28/26
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
Financing Conventional
Special Listing Condition Standard
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Bought with Keyano Burgess • Lokal Real Estate, LLC.
NEARBY SCHOOLS & BUSINESSES
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