4019 Newark Avenue, Cleveland, OH 44109

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
4019 Newark Avenue,Cleveland, OH 44109
$299,900
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  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: aiden avtgis
Office: re/max infinity
MLS#:5239657
Source:OH_NORMLS

Price summary

  • Price:$299,900

About this home

Investors, this one is priced to sell and ready to produce income from day one. This turnkey quadplex sits in the heart of Clark Fulton, one of Cleveland's most active investment corridors, and offers a rare mix of immediate cash flow and upside. One unit is currently occupied by a long term tenant on a lifelong housing voucher, generating a reliable $1,120 per month at 100% voucher coverage, meaning guaranteed rent with no vacancy risk on that unit. The remaining three units, a spacious 3 bedroom, a 1 bedroom, and a 2 bedroom, are all vacant and rent ready, giving a new owner the flexibility to place tenants immediately at full market rent or explore other rental strategies. With one unit already cash flowing and three more ready to lease right away, this property offers a fast path to a fully stabilized income stream. Whether you are an experienced investor looking to add a proven performer to your portfolio or just getting started in multifamily, 4019 Newark delivers the kind...

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Home facts

  • Year built:1900
  • Subdivision & Development:Rhodes Gartnell & Barbers All
  • Listing ID #:5239657
  • Added:1 day(s) ago
  • Updated:August 26, 2026 at 02:47 AM

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:Shingle
  • Year built:1900
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Tax amount:$8,823 (2025)
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