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$225,000
8 Beds 4 Baths 5129112 MLS
We appraised. We were ready to close and the buyer just disappeared. After 30 days of waiting, his loss is now your gain. This High-yield, turnkey 4-unit property at 6729 Forman Ave was fully renovated less than two years ago with new LVP flooring, modern kitchens and baths, updated mechanicals, and a 2-car garage. This asset is cash flowing now at $2,434/month. Section 8 offers $1129 for 2 bed units in this area, driving the proforma to over $4,400+/month. Expenses run around 40%, keeping your net returns strong, and once fully leased the property projects a cap rate near 20%—rare in today’s market. One vacant unit allows for immediate value-add, without capital investment—simply lease it up and raise rents to market. This brings immediate NOI to @25k/year or a 10.6% cap rate. Mechanicals and electric panels are all less than 2 years old! Tenants pay gas & electric. Recent neighborhood sales at 3893 E 57th ($87,500/unit) and 3620 E 59th ($90,000/unit) show the real upside here. Located in a stable Cleveland neighborhood near employers, transit, shopping, and schools—easy to attract and retain quality tenants. Turnkey, low-maintenance, high yield, and poised for fast appreciation. Opportunities like this don’t last—contact us today for details and a tour.

6729 Forman Avenue, Cleveland

Listing Courtesy of: Erin Thomas, Erinthomas@kwcommercial.com With Keller Williams Living

Selling Office: Century 21 Homestar.

$110,000
4 Beds 2 Baths 5157212 MLS
Welcome to this inviting home that blends comfort, function, and thoughtful updates throughout. Inside, you’ll find a spacious living room, perfect for relaxation or entertaining guests, filled with natural light that enhances the warm and open layout. The dining room provides a comfortable space for meals or formal gatherings, conveniently located near the updated kitchen, making meal preparation and entertaining easy and efficient. This home offers four versatile bedrooms designed with both comfort and customization in mind. The master bedroom provides a private retreat, perfect for creating a restful sanctuary. Two bedrooms feature walk-in closets, offering excellent storage solutions and the flexibility to personalize with additional shelving or organizational systems. One bedroom includes built-in shelving that stays, making it an ideal home office, study area, or hobby room. Each bedroom can be easily tailored to fit your lifestyle—whether used as guest rooms, nurseries, or creative spaces. With two bathrooms, daily routines and busy mornings are made more convenient for everyone. The dedicated laundry room further adds to the home’s functionality, keeping household tasks organized and efficient. Designed with both practicality and comfort in mind, this home is ready to welcome its next owner with space to live, gather, and grow. Don’t miss the chance to make this wonderful property yours—schedule your private showing today!

6719 Forman Avenue, Cleveland

Listing Courtesy of: Art Obleton Jr., artobletonjr@gmail.com With EXP Realty, LLC.

Selling Office: Howard Hanna.

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