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Glasshouse Realty

Glasshouse Realty Group

brandon@brexinconsulting.com +1(937) 949-0006

$ 419,900

Est. payment | -/mo

12 Beds

6 Baths

5,624 SqFt

Save

$ 419,900

Est. payment | -/mo

Save

12 Beds

6 Baths

5,624 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,624 sqft

Price per Sqft $74

Subdivision Simpson & Goakes

MLS Listing ID 5232880

Bedrooms 12

Full Baths 4

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 5,624

Year Built 1910

Annual Tax Amount $5,217

Tax Year 2025

Lot Size 9,561 Sqft

Acres 0.2195

Property Sub-Type Quadruplex

Property Description

7507 Lawnview is a fully updated quadplex in Hough offering a rare mix of stabilized income and immediate upside. Three of the four units are currently occupied and generating consistent, housing-authority-backed income: unit 7507 at a $1,400/mo contract rent (Section 8 pays $913), unit 7511 at $1,100/mo cash, and unit 7513 at a $1,640/mo contract rent (Tennant pays $524) — a combined $4,140/mo across the occupied units. The fourth unit, 7509, is vacant and rent-ready, previously leased at $1,505/mo under Section 8, giving a new owner the flexibility to set market rent, place a tenant, or occupy it themselves.

With three units already backed by housing-authority contracts, this property delivers steady, on-time payments and low turnover, plus built-in upside on the vacant unit. Hough continues to see significant investment and redevelopment, with quick access to University Circle, the Cleveland Clinic, and downtown, making this a rare four-unit that's already performing with room to grow. Schedule your showing today.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 106-11-063

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Aiden Avtgis • RE/MAX Infinity • sellwithaiden@gmail.com, 330-415-7054

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

7507 Lawnview AVE Cleveland, OH 44103