Fully occupied, cash-flowing 4-unit investment opportunity

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Home For Sale

12014 Iowa Avenue

Cleveland, Ohio 44108

Cuyahoga County

Community: Eddy Road Allotment

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$235,000 4 br, 4.0 bath 4911 sq. ft. 0.066 acres

Fully occupied, cash-flowing 4-unit investment opportunity generating income from day one. This solid brick quadruplex features four 1-bedroom, 1-bath units, all currently tenant occupied with rents ranging from $650-$860 per month. The property offers approximately 4,900 square feet of living space across two levels and presents a great opportunity for investors seeking stable rental income with long-term hold potential. Conveniently located in Cleveland's Eddy Road neighborhood just south of I-90, offering quick highway access and proximity to local amenities. There is also a value-add opportunity, as the property is pending city approval to convert the existing 1 bed / 1 bath units into 2 bed / 1 bath units, which may increase rental demand and future rent potential. This provides investors with the ability to enhance unit layouts and maximize income potential over time.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 4911
  • Year Built: 1924
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Forced Air
  • Garage: On Street
Exterior:
  • Lot Size: 0.066 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: Flat
  • Property Taxes: $2,876
  • MLS #: 5193530
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Contact Information:
Beach Home For Sale in Cleveland, Ohio
Listing Agent: Vanessa L Motaabbed, EXP Realty, 216-770-3442, 866-212-4991 Listing Site, Listing Status: Active
Copyright © 2026 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: 7432936
Viewed 20 times.
Updated: Mar 18, 2026

This property is a Home located at 12014 Iowa Avenue, Cleveland, Ohio 44108, and is currently For Sale at $235,000. This Home has 4 bedrooms, 4.0 baths, 4911 sq ft.