656 E 106th Street, Cleveland, OH 44108

Property Description

FULLY OCCUPIED bringing in $2280 per month!! This is a solid all-brick four-unit property in Cleveland’s up-and-coming east side that has four spacious 1-bedroom, 1-bath apartments approximately 860 sq ft each. Separate tenant paid utilities and long-term renters in place makes this property a slam dunk. The units are all in good condition and cared for well by the tenants. They are all currently on year leases which are up for renewal in March of 2026. Tenants pay their own utilities- Owner covers water, sewer, community electric, and landscaping. Recent gross annual income is approximately $30,057 with potential for increased rents as leases renew! The property offers a full basement with shared laundry, on-street parking, and classic Cleveland architecture built to last. Major updates include a brand new roof, 2 newer hot water tanks, and some new windows. Located near major employers, public transit, and the University Circle corridor, this quadplex provides stable cash flow and solid long-term upside. Perfect addition to your rental portfolio or as a first investment property. Contact listing agent for a link to view all interior photos and videos of units!