1319 E 66th Street, Cleveland, OH 44103

Property Description

4-Unit Opportunity – Strong Cash Flow Potential! Investor-focused four-unit multifamily in a rapidly growing Cleveland location! This property offers an ideal mix of immediate income and upside, perfect for both local and out-of-state investors looking to build cash flow and equity. Two units are currently occupied at $795/month and $750/month, providing instant income from day one. The remaining two units are vacant, giving you the ability to place your own tenants at market rents and significantly increase returns. One of the vacant units is already rent-ready with fresh carpet, allowing for quick lease-up and faster stabilization. Each unit features a spacious 2-bedroom, 1-bath layout with large living areas, long hallways, and additional flex space—highly desirable for tenants and supportive of strong rental demand. The generous unit sizes make this property stand out compared to typical multifamily layouts in the area. At just $199,000, this is a low entry price for a four-unit asset with major upside. Whether you’re looking to increase rents, fill vacancies, or hold for long-term appreciation, this deal checks all the boxes for a high-performing investment. Perfect for investors seeking: • Immediate income with value-add potential • Strong cash flow at a low purchase price • Large, desirable unit layouts • Opportunity to boost rents and equity quickly Opportunities like this don’t last—secure a high-upside multifamily four-plex / Quadraplex asset in one of Cleveland’s active rental corridors!