10314 Kempton AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44108
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,268 sqft
Price per Sqft $8
Subdivision Columbia Allotment
MLS Listing ID 5126234
Bedrooms 8
Full Baths 4
Year Built 1915
Annual Tax Amount $2,576
Tax Year 2024
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Property Description
Investor Special – 4-Unit Brick Multifamily | Full Renovation Opportunity | High ROI Potential
Calling all savvy investors! This solid 4-unit brick property offers a rare opportunity to add serious value through a full renovation. With each unit primed to bring in pro forma rents of $1,000/month, this property has the potential to generate $4,000/month in gross rental income once stabilized.
Whether you're looking for your next fix & flip, BRRRR opportunity, or a long-term buy-and-hold asset, this one checks all the boxes. All units are currently vacant, giving you a clean slate to design and upgrade to your standards.
Located in an area with strong rental demand, this multifamily is structurally sound with all-brick construction—just waiting for your vision to unlock its full potential. Plenty of upside for the experienced investor ready to roll up their sleeves.
Don't miss this chance to create cash flow and equity—properties like this don't last long! *Note: The property is currently condemned by the city of Cleveland.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Roof Type Composition,Flat
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard