1811 Lakeview Avenue, East Cleveland, OH 44112

$250,000
8
BD
4
BA

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List Price
$250,000
Status
ACTIVE
Days on Market
195
MLS#
5181325
Subtype
Residential Income
Year Built
1912
Bedrooms
8
Bathrooms
4
Full Baths
4
Acres
0.09
Subdivision
City/East Cleveland
Neighborhood
City/East Cleveland
MLS Area Major
East Cleveland

Property Description

Discover a rare investment opportunity in the rapidly growing Circle East District, just steps from Little Italy and right at the edge of the highly sought-after University Circle. This remodeled 4-unit building is fully refreshed and ready for tenants, with one unit currently occupied by a steady Section 8 tenant at $950 per month. Featuring durable vinyl windows and a roof approximately five years old, the property offers low-maintenance ownership in an area undergoing major transformation. Utilities along Euclid Avenue were upgraded last year, and full infrastructure work on this street is slated for spring/summer 2026—positioning this block for significant appreciation. Located within a federally designated Opportunity Zone, investors can take advantage of substantial tax benefits while benefiting from the neighborhood’s momentum. With new construction homes selling for $400,000 just one block away, the upside is undeniable. A chance to secure prime real estate in the heart of Cleveland’s most rapidly expanding cultural, medical, and educational hub—at pennies on the dollar.

Additional Information

Taxes
$2,249
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Flat
Foundation
Block
Parking Features
Off Street
School District
East Cleveland CSD - 1812

Listing Courtesy of: Ryan Sackman, ryan.m.sackman@gmail.com With Keller Williams Greater Cleveland Northeast

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