7507 Lawnview Avenue, Cleveland, OH 44103
Local realty services provided by:CENTURY 21 DeAnna Realty
Listed by: mark a colucci
Office: keller williams citywide
MLS#:5245178
Source:OH_NORMLS
Price summary
- Price:$309,000
- Price per sq. ft.:$54.94
About this home
Discover an exceptional value-add investment opportunity at 7507 Lawnview Avenue! This four-unit property features a desirable side-by-side, townhome-style layout, giving residents added privacy and the feel of a single-family home.
Each spacious unit offers 3 bedrooms, 1 full bathroom, two levels of living space, a private basement, and separate front and rear entrances. Two units are currently generating income: Unit 4 rents for $1,640 per month through Section 8, and Unit 3 rents for $1,100 CASH per month. The two vacant units allow the next owner to complete improvements, place tenants at market rent, and quickly increase cash flow.
With estimated market rents of $1,600+ per unit, the property offers potential gross rental income exceeding $6,000 per month when fully improved and occupied. This is an outstanding opportunity to acquire a high-upside multifamily asset, increase rents, build equity, and create a true cash-flow powerhouse in a high investment and new construction area....
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Home facts
- Year built:1910
- Subdivision & Development:Simpson & Goakes
- Listing ID #:5245178
- Added:46 day(s) ago
- Updated:November 01, 2026 at 04:14 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Unfinished
- Living area:5,624 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:5,624 sq. ft.
- Lot area:0.22 Acres
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$309,000
- Price per sq. ft.:$54.94
- Tax amount:$5,216 (2025)
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