1852-1854 W 45th ST, Cleveland, OH 44102
1852-1854 W 45th ST, Cleveland, OH 44102
1852-1854 W 45th ST, Cleveland, OH 44102
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$400,000
Est. payment /mo
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6 Beds
4 Baths
3,700 SqFt
New

1852-1854 W 45th ST Cleveland, OH 44102

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $108

Subdivision Benedict & Root Allotment

MLS Listing ID 5234492

Bedrooms 6

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,700

Year Built 1900

Annual Tax Amount $9,670

Tax Year 2025

Lot Size 6,599 Sqft

Acres 0.1515

Property Sub-Type Quadruplex

Stories Two

Story Two

Property Description

This quadruplex is offering an outstanding investment opportunity, ideal for investors seeking immediate cash flow with additional upside! The building features 2 units with 2-beds, 1-bath and 2 units with 1-bed, 1-bath, each with its own private entrance, functional layout, generous living areas, and dedicated laundry hookups. Updated vinyl windows, vinyl siding, newer plumbing improvements, and several modern interior finishes help minimize maintenance while increasing long-term tenant appeal.

One unit is already occupied, generating $1,175 per month on a 12-month lease, while the remaining three vacant units provide an excellent opportunity to increase rental income through lease-up or value-add improvements. Interior updates throughout include younger kitchens, updated bathrooms, LVP flooring throughout, modern lighting, and updated plumbing fixtures.

The property also benefits from separately metered gas and electric utilities, updated PVC, newer hot water tanks, and younger furnaces. The basement offers additional storing space and value add potential.

Conveniently located on Cleveland's west side, the property is just minutes from MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, Downtown Cleveland, major highways, shopping, restaurants, schools, public transportation, and countless local amenities, making it an attractive option for a wide variety of tenants.

Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!

Whether you're looking to expand your portfolio, generate immediate rental income, or capitalize on the lease-up potential of three vacant units, this property offers the size, flexibility, and upside to become a strong long-term investment. Schedule your showing!

No wholesalers. No Seller financing. No low ball offers.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Washer

Laundry In Basement

Exterior

Parking Features Driveway, Off Street

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District East Cleveland Csd - 1812

Others

Tax ID 002-36-044

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Michael Azzam • RE/MAX Haven Realty • mike@theazzamgroup.com, 216-446-7606

NEARBY SCHOOL & BUSINESS

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Emily Shortall

Emily Shortall

Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886

+1(740) 994-5131

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1852-1854 W 45th ST