7507 Lawnview Avenue, Cleveland, OH 44103
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:mark a colucci
Office:keller williams citywide
MLS#:5155900
Source:OH_NORMLS
Price summary
- Price:$489,900
 - Price per sq. ft.:$76.26
 
About this home
RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! 
Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state.
Cash-Flow Machine
Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:
    •    7507 – $1,400
    •    7509 – $1,385
    •    7511 – $1,250
    •    7513 – $1,640
That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high.
 
Highlights:
    •    Four side-by-side 3-bedroom townhome units
    •    Private basements & dual entrances for every unit
    •    Renovated interiors with LVP & granite finishes
    •    Multiple newer furnaces & key upgrades completed
    •    Fully rented, strong Section 8 tenancy
    •    Tenants pay gas & electric
Property is lead safe certified with the city!
Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!   
Contact an agent
Home facts
- Year built:1910
 - Listing ID #:5155900
 - Added:53 day(s) ago
 - Updated:November 03, 2025 at 03:09 PM
 
Rooms and interior
- Bedrooms:12
 - Total bathrooms:6
 - Full bathrooms:4
 - Half bathrooms:2
 - Living area:6,424 sq. ft.
 
Heating and cooling
- Heating:Forced Air, Gas
 
Structure and exterior
- Roof:Asphalt, Fiberglass
 - Year built:1910
 - Building area:6,424 sq. ft.
 - Lot area:0.22 Acres
 
Utilities
- Water:Public
 - Sewer:Public Sewer
 
Finances and disclosures
- Price:$489,900
 - Price per sq. ft.:$76.26
 - Tax amount:$5,373 (2024)
 
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