Listed by Rob Telecky of Howard Hanna ([email protected],216-406-2914)
Attention investors! Discover this four-unit multifamily opportunity in Cleveland's Fairfax neighborhood, featuring three Section 8-occupied apartments, one vacant unit, substantial recent improvements, and TWO parcels included in the sale! Each apartment offers 3 bedrooms, 1 full bathroom, a stove, and a refrigerator. Recent upgrades include FOUR NEW FURNACES (2025), FOUR NEW WATER HEATERS (2025), and a NEW ROOF (2026). In 2025, the basement was also outfitted with four washer hookups and four dryer hookups, allowing residents to bring their own laundry appliances. lead paint safe certificat is good until august 2027 And there's more! The sale includes both the building parcel (118-24-134) and the adjoining vacant lot (118-24-133). Imagine the possibilities: create off-street parking for tenants or fence in the additional land to provide a larger shared yard. Future uses and improvements are subject to city approvals. The location puts residents near Cleveland Clinic's Main Campus, University Hospitals, Case Western Reserve University, and the museums and cultural attractions of University Circle. Shopping, dining, public transportation, and access to Downtown Cleveland add everyday convenience. With three occupied units producing rental income, a vacant fourth unit offering additional leasing potential, major updates already completed, and an extra parcel to enhance the property, this is an opportunity worth exploring. Add this versatile Cleveland fourplex to your investment portfolio!

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Based on information submitted to MLS Now as of October 14, 2026 11:21 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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