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4764 Pearl RD Cleveland, OH 44109
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,490 sqft
Price per Sqft $110
Subdivision H A Kangessers City Gardens Allo
MLS Listing ID 5212106
Sold Date 07/02/26
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,490
Year Built 1925
Annual Tax Amount $11,325
Tax Year 2025
Lot Size 7,196 Sqft
Acres 0.1652
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
Rare opportunity for an owner-occupant or investor in the heart of Old Brooklyn! With one unit currently vacant and move-in ready, this all-brick four-unit property offers the chance to live in one unit while rental income from the remaining apartments helps offset monthly housing costs, or add a strong multi-family asset to your portfolio.
The property features four spacious 2-bedroom, 1-bath units, each offering a dedicated dining area, private porch access, and separate rear exterior entry. Three units are currently occupied, with rents at $900, $900, and $1,050 per month, providing immediate income and future upside potential. Comparable two-bedroom rentals in the area commonly lease for approximately $1,100 to $1,200 per month, presenting an opportunity for increased cash flow over time.
Additional amenities include a shared laundry area, private storage lockers for each unit, and a rare four-car garage with one dedicated space per unit. Whether you're looking to reduce your housing costs through rental income, grow your investment portfolio, or take advantage of a true live-in-one, rent-the-rest opportunity, this versatile property offers flexibility and long-term potential in a proven rental market.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Radiator(s)
Cooling Ceiling Fan(s), Window Unit(s)
Fireplace No
Appliance Microwave, Range, Refrigerator
Laundry In Basement, Multiple Locations
Exterior
Parking Features Assigned, Detached, Garage
Garage Spaces 4.0
Garage Description 4.0
Water Access Desc Public
Roof Type Flat
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 012-16-021
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
Special Listing Condition Standard
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