This updated 6-unit apartment building offers strong cash flow

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Lot For Sale

1156 Carl Avenue

Cleveland, Ohio 44103

Cuyahoga County

Community: 

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$360,000 0.121 acres

This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. Each unit has 2 bedrooms and 1 full bath. The roof was replaced in 2025 and comes with a 15-year warranty. Each unit features refinished hardwood and luxury vinyl plank flooring, fresh paint, updated kitchens, and several bathroom upgrades. Every unit also includes a private porch, adding to tenant appeal. Building systems have been modernized with new GE electrical panels and wiring in each unit, a new exterior electric meter bank, updated PVC plumbing, newer furnaces, and several newer hot water tanks. Vinyl windows are installed throughout. Currently, Unit 1 & 2 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. The seller is also willing to assist in filling additional units. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.

  • Lot Size: 0.121 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $4,850
  • MLS #: 5160692
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Contact Information:
Beach Lot For Sale in Cleveland, Ohio
Listing Agent: Jack Krusinski, EXP Realty, 216-789-6736, 866-212-4991 Listing Site, Listing Status: Active
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6943669
Viewed 15 times.
Updated: Oct 29, 2025

This property is a Lot located at 1156 Carl Avenue, Cleveland, Ohio 44103, and is currently For Sale at $360,000.