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Glasshouse Marketing

Glasshouse Realty Group

marketing@glasshouserealty.com +1(937) 949-0006

$ 169,900

Est. payment | -/mo

8 Beds

4 Baths

7,044 SqFt

Save

$ 169,900

Est. payment | -/mo

Save

8 Beds

4 Baths

7,044 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,044 sqft

Price per Sqft $24

Subdivision Helden & Ingersolls Allotment

MLS Listing ID 5244490

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 7,044

Year Built 1904

Annual Tax Amount $4,647

Tax Year 2025

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Quadruplex

Property Description

“Opportunity awaits at this massive 4-unit property located just minutes from University Circle! Offering over 7,000 square feet of space, this building has already undergone extensive renovations and is ready for the next owner to bring the project across the finish line. Major improvements include updates to the roof, electrical, plumbing, windows, and HVAC, taking care of many of the costly components of a renovation. Full sealed architectural plans, including applicable engineering drawings for the mechanical systems, have already undergone City of Cleveland review and approval, with permits pulled—eliminating much of the upfront planning, engineering, permitting, and major infrastructure work typically associated with a renovation of this scale. With much of the major utility and mechanical infrastructure is also already in place: electrical, gas, and water meters have been installed; rough-ins have passed City inspection; hot and cold water are on; laundry sinks are installed; and the property includes four brand-new electric water heaters and four brand-new high-efficiency furnaces, the property is positioned for the next owner to focus on finishes and bring the renovation across the finish line. With the interior already opened up and much of the groundwork already in place; simply bring your contractor and vision to complete the remaining work. With four units, substantial square footage, and a convenient location near University Circle, Case Western Reserve University, Cleveland Clinic, University Hospitals, and all that the surrounding area has to offer, this property presents an excellent opportunity for an investor looking to complete a value-add multifamily project.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Unpaved

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 106-21-031

Acceptable Financing Cash

Listing Terms Cash

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

Listed by Jason Lacourt • Keller Williams Legacy Group Realty • jason.lacourt@kw.com, 330-605-5132

MORTGAGE CALCULATOR

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

1624 E 82nd ST Cleveland, OH 44103