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5007 Clark Avenue, Cleveland, OH 44102

Cleveland
Local realty services provided by:CENTURY 21 Lakeside Realty
5007 Clark Avenue,Cleveland, OH 44102
$309,000
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  • 4 Beds
  • 4 Baths
  • 2,785 sq. ft.
  • Multi-family
  • Active
Listed by: michael azzam
Office: re/max haven realty
MLS#:5254812
Source:OH_NORMLS

Price summary

  • Price:$309,000
  • Price per sq. ft.:$110.95

About this home

This mixed-use building is an excellent investment opportunity! This fully occupied, income-producing mixed-use property features 2 commercial storefronts & 2 residential apartments, generating $3,600/mo in gross rental income! Both storefronts are leased to the same company, operating a barbershop & retail store, for a combined $1,100/mo. With estimated market rents of $800–$900 per storefront, investors have potential to increase future income! Each residential unit offers 2 bedrooms, 1 full bathroom, a spacious living room, functional kitchen & adjoining dining area. Both apartments have stable tenants paying $1,250/mo each, providing immediate cash flow. Extensive renovations include newer windows, updated flooring, fresh paint, appliances, new washers & dryers, newer furnaces & hot water tanks, upgraded electrical panels & service, new sewer lines & a roof approximately one year old! The basement provides additional storage & potential value-add opportunities. A privacy fence...

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Home facts

  • Year built:1910
  • Subdivision & Development:James Hoyts
  • Listing ID #:5254812
  • Added:1 day(s) ago
  • Updated:October 21, 2026 at 07:39 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,785 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1910
  • Building area:2,785 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$309,000
  • Price per sq. ft.:$110.95
  • Tax amount:$3,472 (2025)
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