Excellent opportunity to acquire a fully occupied Quadplex located in the Forest Hills neighborhood. All units feature 2 bedrooms and 1 bathroom, providing a highly desirable and consistent unit mix for tenants. All tenants responsible for gas and electric, helping minimize owner expenses. Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, windows, roof, landscaping, and one unit was recently fully remodeled, making this a strong turnkey, low maintenance investment opportunity with a proven rental history. The property is conveniently located near local parks, shopping, dining, public transportation, and major freeway access, with quick access to Downtown Cleveland and surrounding employment centers. The Forest Hills area offers a strong rental market with walkability to neighborhood amenities and nearby retail conveniences, supporting long-term tenant demand. Ideal opportunity for investors seeking immediate cash flow with additional upside potential through future rent optimization.
Multi-familyProperty Type
1918Year Built
5,240 sq ftLot Size
$101Price/Sq.Ft.
1 spaceParking
Listed by Hamzah Najar• Russell Real Estate Services
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
52 ft.
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
110-04-050
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 17, 2024.
Feb 22, 2023 • Final
Com building
Renovate apartments within a residential building. Replace furnaces and water heaters. Install new flooring, kitchen cabinets, bathroom vanities, and ceramic tile in showers.
Bathroom
HVAC
Kitchen
Plumbing
Remodel
Mar 8, 2022 • Final
Com building
Tear off and reinstall the roof according to manufacturer specifications. Install ice and water shield, synthetic felt, valley flashing, and shingles.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Driveway, On Street
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 5
Room Information
Has Basement
Basement Information: Full, Unfinished
Multi Unit Information
# Of Buildings: 1
Multi Unit Financial Information
Gross Income: $4,879
Unit Type 1
Two Bedroom
Unit Description: CMHA $1,079 / Tenant $50
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $1,129
Unit is Leased
Unit Type 2
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $750
Unit is Leased
Unit Type 3
Two Bedroom
Unit Description: CMHA $844 / Tenant $256
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $1,100
Unit is Leased
Unit Type 4
Two Bedroom
Unit Description: CMHA $824 / Tenant $276
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $1,100
Yes
Exterior
Building Information
Stories: 2
Stories (Total): 3
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass, Shingle
Construction Details: Vinyl Siding
Lot Information
Lot Size Area: 0.1203
Lot Size Acres: 0.1203
Lot Size Source: Public Records
Property Information
Below Grade Finished Area: 1,616
Below Grade Finished Area Source: Assessor
Above Grade Finished Area: 3,232
Above Grade Finished Area Source: Assessor
Updated/Remodeled
Financial
Tax Information
Annual Tax Amount: $2,723
Tax Year: 2025
Rental Information
Owner Pays: Sewer, Water
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cuyahoga County
APN: 110-04-050
Home facts updated by county records on Oct 17, 2024
Around this home
Schools
Glenville High School
Public 2-12 • Assigned • 0.3mi
3/10
Collinwood High School
Public 9-12 • Assigned • 1.7mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44108
Average low and high temperatures (°F)
30
19
36
23
52
35
60
44
64
52
76
64
82
70
77
65
74
61
65
51
51
41
39
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Cleveland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$286,000 – $346,000
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