Superior Park 04 Real Estate

Superior Park 04 Real Estate

Welcome to Superior Park 04, a hidden gem nestled in the heart of Cleveland, Ohio, within the vibrant Cuyahoga County. This charming subdivision is a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, professionals, and retirees alike.

Superior Park 04 boasts a welcoming community atmosphere, characterized by tree-lined streets and beautifully maintained homes. The neighborhood features a variety of architectural styles, providing a unique charm and character that appeals to diverse tastes. Residents enjoy spacious yards, perfect for outdoor gatherings, gardening, or simply basking in the sun.

Convenience is key in Superior Park 04, with easy access to major highways and public transportation, allowing for a seamless commute to downtown Cleveland and beyond. The area is rich in amenities, including nearby shopping centers, dining options, and recreational facilities. Families will appreciate the proximity to reputable schools and parks, fostering a strong sense of community and a safe environment for children to thrive.

For those who love the great outdoors, Cleveland’s stunning parks and green spaces are just a stone's throw away, offering endless opportunities for hiking, biking, and enjoying nature. Whether you're looking to explore the vibrant culture of Cleveland or simply unwind in your own backyard, Superior Park 04 provides the perfect backdrop for a fulfilling lifestyle.

Discover the charm and convenience of Superior Park 04—where community spirit meets suburban serenity in the heart of Cleveland! Your dream home awaits in this delightful neighborhood.

Newest Listings in Superior Park 04

9223 Adams Avenue, Cleveland
$650,000
5246481 MLS
Turnkey, as-is Cleveland multifamily portfolio featuring 4 duplexes / 8 total units offered at $702,000. The properties are clustered on Cleveland’s east side, providing investors an opportunity to acquire immediate scale with efficient management and maintenance across the portfolio. More than $120,000 in capital improvements have been completed, including a combination of roofs, furnaces, hot water tanks, Lead Safe certifications, plumbing/sewer work, porches, gutters, windows, cabinets, appliances, and interior renovations. Two properties are fully occupied and producing income, while two are vacant, renovated, and rent ready. 15332 Welton Dr is fully Section 8 occupied at $2,300/mo. 10906 Nelson Ave is fully occupied at $1,680/mo with HUD FMR of approximately $2,140/mo, creating strong rent-growth potential. 3611 E 116th St is rent ready with approximately $2,740/mo in HUD FMR and potential for a 4-bedroom upper-unit conversion. 9223 Adams Ave is rent ready at approximately $2,320/mo HUD FMR and offers significant value-add potential through a possible 5-bedroom upper-unit configuration. Current blended rents total approximately $9,040/mo or $108,480 annually, with an estimated 9.86% portfolio cap rate. Additional upside remains through rent increases and bedroom-count conversions. Located near University Circle, Cleveland Clinic, University Hospitals, Case Western Reserve University, Downtown Cleveland, major highways, public transportation, and employment centers. Ideal for investors seeking a turnkey cash-flowing portfolio with existing tenants, rent-ready units, completed capital improvements, and clear value-add opportunities. Photo Note: Interior photos currently shown are of 3611 E 116th St. Interior photos of 9223 Adams Ave are coming soon. Portfolio sold as-is. No showings without an accepted offer on occupied units.

9223 Adams Avenue, Cleveland

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group

9223 Adams Avenue, Cleveland
$162,500
7 Beds ⋅ 3 Baths ⋅ 5246472 MLS
Turnkey as-is investment opportunity with strong value-add upside and cash-cow potential at 9223 Adams Avenue in Cleveland. This duplex features two 2-bedroom, 1-bath units and is being delivered vacant and rent ready, allowing the next owner to immediately place tenants and begin generating income. The property is underwritten at $2,320 per month in combined HUD Fair Market Rent, supporting an estimated 10.09% cap rate as currently configured. What makes Adams especially attractive is the combination of turnkey condition today and significant upside tomorrow. The property is Lead Safe Certified and can be operated as-is, while the existing third-floor layout creates a compelling value-add opportunity. The building was previously used as a triplex, and the upper level still includes two additional bedrooms, a full bathroom, kitchen plumbing and electrical, and a great room. This creates a potential path to convert the upper unit into a 5-bedroom unit, increasing achievable HUD rent, or potentially restore an additional income-producing unit subject to current City of Cleveland zoning and approvals. Located in Cleveland's 44108 Glenville area, the property is minutes from University Circle, Case Western Reserve University, Cleveland Clinic, and University Hospitals, providing convenient access to some of Northeast Ohio's largest employment centers. 9223 Adams Avenue is also available as part of a four-duplex, eight-unit Cleveland investment portfolio offered at $702,000. The portfolio includes 15332 Welton Dr, 3611 E 116th St, 9223 Adams Ave, and 10906 Nelson Ave, with more than $120,000 in capital improvements completed across the portfolio. For investors seeking a turnkey cash-flowing asset with strong value-add potential, Adams offers the ability to operate the property as-is while retaining multiple opportunities to increase future rental income and overall property value.

9223 Adams Avenue, Cleveland

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group

9301 Pierpont Avenue, Cleveland
$88,500
5 Beds ⋅ 3 Baths ⋅ 5229252 MLS
Being sold as is without furnaces and hot water tanks or we can add brand new furnaces and hot water tanks at $98,000" but we're actually putting up for sale for $88,500 as is. Attention investors! Don't miss this affordable cash-flow opportunity in a high-demand rental area. Spacious duplex offers a total of 5 bedrooms, 3 full baths, & three finished levels, making it an excellent addition to any investment portfolio w/outstanding income potential. First & second floors each feature comfortable, well-designed 2-bedroom, 1-bath units w/functional layouts that appeal to a wide range of tenants.All units are vacant, offering the flexibility to set your own rents & maximize returns or owner occupy one unit. Finished third floor includes an additional full bath and provides excellent potential for expanded living space or additional rental possibilities. Located in an investor-friendly area w/strong rental demand, this property is well suited for traditional market-rate tenants or Section 8 housing. Overall, the property is in average condition and offers a straightforward value-add opportunity with only minor updates needed, making it an easy turnkey investment w/significant upside. No wholesaling, no owner financing. A great opportunity for investors seeking immediate cash flow and long-term appreciation at an affordable price! Act quickly—opportunities like this don't last.

9301 Pierpont Avenue, Cleveland

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

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