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11230 Parklawn Drive, Cleveland, OH 44108

Local realty services provided by:CENTURY 21 Full Service Realty
11230 Parklawn Drive,Cleveland, OH 44108
$369,000
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  • 8 Beds
  • 4 Baths
  • 4,100 sq. ft.
  • Multi-family
  • Active
Listed by: cartier l reed
Office: keller williams elevate
MLS#:5185699
Source:OH_NORMLS

Price summary

  • Price:$369,000
  • Price per sq. ft.:$90

About this home

Solid cash-flowing 4-unit multifamily producing $4,182/month in guaranteed Section 8 rental income. All units are fully updated, offering low-maintenance ownership and immediate returns from day one. Tenants are already in place with government-backed rent, providing consistent and reliable cash flow, with potential for future increases through CMHA. Spacious layouts and abundant natural light enhance tenant appeal, while the dead-end street location adds privacy and desirability. Property Features include: 2024 resurfaced roof, 2024 furnaces (2), updated electrical boxes, all remodeled kitchens and baths, 2025 freshly painted interior and exterior, 2024-2025 new windows, and more.. This property also has a Lead Safe Certificate with the city of Cleveland… inquire while it lasts!

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Home facts

  • Year built:1926
  • Listing ID #:5185699
  • Added:5 day(s) ago
  • Updated:February 10, 2026 at 02:03 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:4,100 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Rubber, Tile
  • Year built:1926
  • Building area:4,100 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,000
  • Price per sq. ft.:$90
  • Tax amount:$3,183 (2024)
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