Cleveland, OH 44103,1355 Addison RD
Cleveland, OH 44103,1355 Addison RD
Cleveland, OH 44103,1355 Addison RD
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$165,000
Est. payment /mo
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4 Beds
1 Bath
9,147 Sqft Lot
Active Under Contract

1355 Addison RD Cleveland, OH 44103

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Tony Parra

Tony Parra

+1(440) 491-4362

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Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 5180039

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,804

Tax Year 2024

Contingent Other See Remarks

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Property Description

Investor Opportunity – 1355 Addison Rd, Cleveland, OH 44103 We're excited to present this 4 unit multi-family home, a lead-safe certified investment property offering strong, reliable cash flow in an active Cleveland rental market. The property is currently generating $2,200 per month, and with a tenant placed in Unit 1, it can bring in an additional $1,100, raising the total projected monthly income to $3,300. This makes the property an excellent option for investors seeking stable returns, compliant with Cleveland's lead-safe requirements, and long-term value growth. With steady rental demand and immediate income—plus additional upside once fully occupied—this property stands out as a smart portfolio addition. If you're looking for a cash-flowing, lead-safe, high-yield investment, 1355 Addison Rd is absolutely worth consideration.

Location

State OH

County Cuyahoga

Direction South

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Ceiling Fan(s)

Fireplace No

Laundry In Basement

Exterior

Parking Features Driveway, Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage true

Private Pool No

Building

Faces South

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 106-04-088

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by De'Vonte Threat • LPT Realty • threatdevonte@gmail.com, 216-469-9763

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Tony Parra

Tony Parra

Agent | License ID: 2015001967

+1(440) 491-4362

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1355 Addison RD