Property Description

Located in the heart of Ohio City, one of Cleveland's strongest rental submarkets, this four-unit property offers immediate income with significant upside. Three of the four units are currently occupied on month-to-month leases, providing in-place cash flow while allowing flexibility for repositioning or rent adjustments to market rate. One vacant one-bedroom unit (approximately 450 SF) creates an immediate opportunity for lease-up or owner-occupancy. While current financials are limited due to inherited ownership, market rents in Ohio City for comparable 1 bed / 1 bath units commonly range between $800$1,200+ per month, depending on size, condition, and finishes. With separate entrances and a corner lot location near West 25th, this asset checks the boxes for: long-term hold, value-add reposition, house-hack strategy, and portfolio expansion in a high-demand corridor. In Ohio City, scale at this price point is increasingly rare.

Property Features

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