12014 Iowa Avenue, Cleveland, OH 44108

Local realty services provided by:CENTURY 21 Transcendent Realty
12014 Iowa Avenue,Cleveland, OH 44108
$235,000
  • 4 Beds
  • 4 Baths
  • 4,911 sq. ft.
  • Multi-family
  • Active
Listed by: vanessa l motaabbed, wayne brooks
Office: exp realty, llc.
MLS#:5193530
Source:OH_NORMLS

Price summary

  • Price:$235,000
  • Price per sq. ft.:$47.85

About this home

Fully occupied, cash-flowing 4-unit investment opportunity generating income from day one. This solid brick quadruplex features four 1-bedroom, 1-bath units, all currently tenant occupied with rents ranging from $650–$860 per month. The property offers approximately 4,900 square feet of living space across two levels and presents a great opportunity for investors seeking stable rental income with long-term hold potential. Conveniently located in Cleveland’s Eddy Road neighborhood just south of I-90, offering quick highway access and proximity to local amenities. There is also a value-add opportunity, as the property is pending city approval to convert the existing 1 bed / 1 bath units into 2 bed / 1 bath units, which may increase rental demand and future rent potential. This provides investors with the ability to enhance unit layouts and maximize income potential over time.

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Home facts

  • Year built:1924
  • Listing ID #:5193530
  • Added:1 day(s) ago
  • Updated:March 18, 2026 at 01:40 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:4,911 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat
  • Year built:1924
  • Building area:4,911 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$235,000
  • Price per sq. ft.:$47.85
  • Tax amount:$2,876 (2025)

Features and amenities

  • Appliances:Range, Refrigerator

Parking

  • Parking description:Outside Parking
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