7507 Lawnview Avenue, Cleveland, OH 44103
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: aiden avtgis
Office: re/max infinity
MLS#:5232880
Source:OH_NORMLS
Price summary
- Price:$419,900
- Price per sq. ft.:$74.66
About this home
7507 Lawnview is a fully updated quadplex in Hough offering a rare mix of stabilized income and immediate upside. Three of the four units are currently occupied and generating consistent, housing-authority-backed income: unit 7507 at a $1,400/mo contract rent (Section 8 pays $913), unit 7511 at $1,100/mo cash, and unit 7513 at a $1,640/mo contract rent (Tennant pays $524) — a combined $4,140/mo across the occupied units. The fourth unit, 7509, is vacant and rent-ready, previously leased at $1,505/mo under Section 8, giving a new owner the flexibility to set market rent, place a tenant, or occupy it themselves.
With three units already backed by housing-authority contracts, this property delivers steady, on-time payments and low turnover, plus built-in upside on the vacant unit. Hough continues to see significant investment and redevelopment, with quick access to University Circle, the Cleveland Clinic, and downtown, making this a rare four-unit that's already performing with room to grow. Schedule your showing today....
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Home facts
- Year built:1910
- Subdivision & Development:Simpson & Goakes
- Listing ID #:5232880
- Added:4 day(s) ago
- Updated:August 07, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- 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:$419,900
- Price per sq. ft.:$74.66
- Tax amount:$5,217 (2025)
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