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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.

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

$162,500

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.

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

$130,000

Bring your vision to this 5-bedroom triplex and take advantage of a property with plenty of income potential. Vinyl windows are already in place, while the multi-unit layout offers flexibility for an investor looking to build a strong rental portfolio. With a local Fair Market Rent potential of approximately $3,700 per month, this is an incredible opportunity.

5 Beds ⋅ 3 Baths ⋅ 5238462 MLS

Bring your vision to this 5-bedroom triplex and take advantage of a property with plenty of income potential. Vinyl windows are already in place, while the multi-unit layout offers flexibility for an investor looking to build a strong rental portfolio. With a local Fair Market Rent potential of approximately $3,700 per month, this is an incredible opportunity.

9501 Pierpont Avenue, Cleveland

Listing Courtesy of: Marcus Ezzone, marcusezzone@mcdhomes.com With McDowell Homes Real Estate Services

$124,900

Solid investment opportunity. This 1920 colonial-style two-family offers 2,118 sq ft of living space across two spacious units, plus a full finished attic accessible from Unit 2 that adds bonus room for the upstairs tenant. The property has been freshened up and is ready to rent, with new carpet throughout, an updated kitchen, and an updated bathroom. Altogether there are 14 rooms, 6 bedrooms, and 2 full baths. Other features include a slate hip roof, forced-air heat, and a full 1,047 sq ft basement for storage and laundry. It sits on a 40 x 110 lot. Separate units and move-in-ready updates make this a strong fit for investors looking for steady rental income, or for an owner-occupant who wants to live in one unit and let the other help pay the mortgage. Don’t miss it. Schedule your showing today!

6 Beds ⋅ 2 Baths ⋅ 5256562 MLS

Solid investment opportunity. This 1920 colonial-style two-family offers 2,118 sq ft of living space across two spacious units, plus a full finished attic accessible from Unit 2 that adds bonus room for the upstairs tenant. The property has been freshened up and is ready to rent, with new carpet throughout, an updated kitchen, and an updated bathroom. Altogether there are 14 rooms, 6 bedrooms, and 2 full baths. Other features include a slate hip roof, forced-air heat, and a full 1,047 sq ft basement for storage and laundry. It sits on a 40 x 110 lot. Separate units and move-in-ready updates make this a strong fit for investors looking for steady rental income, or for an owner-occupant who wants to live in one unit and let the other help pay the mortgage. Don’t miss it. Schedule your showing today!

9610 Pierpont Avenue, Cleveland

Listing Courtesy of: Elizabeth A Bevel, elizabethbevel@gmail.com With C. Ryan's Realty, LLC.

$88,500

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.

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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