6920 Hosmer Avenue, Cleveland, OH 44105
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: dathan williams
Office: 1st cavalry homes real estate & property mgmt.
MLS#:5244623
Source:OH_NORMLS
Price summary
- Price:$199,900
About this home
Investor opportunity in Cleveland! This four-unit multifamily property offers immediate income with two occupied units and additional upside through two vacant units ready for lease-up. Unit 1 features three bedrooms and one bathroom, while Units 2 and 3 each offer two bedrooms and one bathroom. The occupied units are currently receiving under-market rent; providing significant future income potential! Estimated rents for the vacant units range from $805-$835 for Unit 3 and $735-$795 for Unit 4. Residents are responsible for all utilities, helping reduce owner-paid operating expenses. Additional features include two garage spaces, driveway parking, an unfinished basement offering storage potential, and approximately $5,000 recently invested in exterior repairs. Conveniently located near major Cleveland roadways with access to I-77 and I-480. An excellent opportunity to acquire a four-unit property with existing income, immediate lease-up potential, and long-term value-add upside!
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Home facts
- Year built:1920
- Subdivision & Development:Stone Hickox Hosmer Bates Smit
- Listing ID #:5244623
- Added:12 day(s) ago
- Updated:September 29, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1920
- Lot area:0.12 Acres
- Construction Materials:Aluminium Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Tax amount:$3,603 (2025)
Parking
- Parking description:Detached, Driveway, Garage
- Garage:Yes
- Garage spaces:1
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