7507 Lawnview Avenue, Cleveland, OH 44103

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
7507 Lawnview Avenue,Cleveland, OH 44103
$375,000
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  • 12 Beds
  • 4 Baths
  • 5,624 sq. ft.
  • Multi-family
  • Active
Listed by: mark a colucci
Office: keller williams citywide
MLS#:5245178
Source:OH_NORMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$66.68

About this home

Discover an exceptional value-add investment opportunity at 7507 Lawnview Avenue! This four-unit property features a desirable side-by-side, townhome-style layout, giving residents added privacy and the feel of a single-family home. Each spacious unit offers 3 bedrooms, 1 full bathroom, two levels of living space, a private basement, and separate front and rear entrances. Two units are currently generating income: Unit 4 rents for $1,640 per month through Section 8, and Unit 3 rents for $1,100 CASH per month. The two vacant units allow the next owner to complete improvements, place tenants at market rent, and quickly increase cash flow. With estimated market rents of $1,600+ per unit, the property offers potential gross rental income exceeding $6,000 per month when fully improved and occupied. This is an outstanding opportunity to acquire a high-upside multifamily asset, increase rents, build equity, and create a true cash-flow powerhouse in a high investment and new...

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Home facts

  • Year built:1910
  • Subdivision & Development:Simpson & Goakes
  • Listing ID #:5245178
  • Added:12 day(s) ago
  • Updated:September 28, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4
  • 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:$375,000
  • Price per sq. ft.:$66.68
  • Tax amount:$5,216 (2025)
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