15924 Euclid Avenue, East Cleveland, OH 44112

Attention investors! This large quadplex in the heart of East Cleveland (44112) is a diamond in the rough, ready for the right buyer to bring it back to life. With four spacious units under one roof, this property offers significant cash flow potential once fully renovated. Located just minutes from University Circle, the Cleveland Clinic, Case Western Reserve University, and downtown Cleveland, this area is seeing increased investor interest and revitalization efforts. Multifamily demand is rising as housing affordability continues to be a challenge for renters — making this quad an ideal buy-and-hold or BRRRR strategy play. ARV estimated between $220K–$260K based on comparable renovated quads in the area. Rents for updated 2-bed units in this zip code average $750–$850 per month, meaning once stabilized, this property could gross over $3,000/month. Although being sold as-is, this rehab project has already been updated with new plumbing and electrical. So, bring your … read more …