10413 Yale Avenue, Cleveland, OH 44108
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: jermaine r burge
Office: keller williams greater metropolitan
MLS#:5217220
Source:OH_NORMLS
Price summary
- Price:$185,000
About this home
Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily asset with upside potential, this property checks the boxes: stable occupancy, strong current income, below-market rents, and room to increase returns over time. Offered at an attractive price point, this is an excellent opportunity to acquire a cash-flowing asset with built-in value-add potential.
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Home facts
- Year built:1918
- Listing ID #:5217220
- Added:2 day(s) ago
- Updated:June 11, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Unfinished
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1918
- Lot area:0.14 Acres
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$185,000
- Tax amount:$2,871 (2025)
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