8 Beds
4 Baths
4,752 sqft
$215,000
6538 Newman Avenue, Cleveland OH, 44127
Price per sqft$45.24
Built in1915
Property size4,752 sqft
Property typeMulti-family
Overview
Active
Listed Apr 15, 2026
Updated Jun 8
NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING
Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow.
Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting.
Whether you’re an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.
$1,430/mo
Est. mortgage payment based on a $215,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5201565
Interior Features
- Bedrooms
- 8
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.15 Acres
Other Property Details
- Taxes
- $6,060
- Tax Frequency
- Annually
Courtesy of Keller Williams Greater Metropolitan
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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