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10413 Yale Avenue, Cleveland, OH 44108

$185,000
  • 10413 Yale Avenue, Cleveland, OH 44108 Main Photo
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New to the Market Active
BEDS8 BATHS4 full MLS#5217220
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLow & Edwards SCHOOLCleveland Municipal - 1809

Property Description

Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily asset with upside potential, this property checks the boxes: stable occupancy, strong current income, below-market rents, and room to increase returns over time. Offered at an attractive price point, this is an excellent opportunity to acquire a cash-flowing asset with built-in value-add potential.

10413 Yale Avenue | MLS# 5217220

This multi-family property located at 10413 Yale Avenue, Cleveland, OH 44108 is currently listed for sale with an asking price of $185,000. Yale Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on amandaondreyteam.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $2,871 / year
Year Built: 1918

Feature Descriptions

Exterior: Brick
Parcel#: 108-22-103
Parking: None
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: jburge@kw.com, 216-215-5727

Shown By

Agent Name: The Amanda Ondrey Team
Agent Phone: (330) 802-9618 Cell
Agency Title: M.C. Real Estate

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Estimated Payment

$ 704.94 per month $411.73 Principal & Interest $239.25 Property Tax $53.96 Homeowner's Insurance

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