4764 Pearl Road, Cleveland, OH 44109

Property Description

Rare opportunity for an owner-occupant or investor in the heart of Old Brooklyn! With one unit currently vacant and move-in ready, this all-brick four-unit property offers the chance to live in one unit while rental income from the remaining apartments helps offset monthly housing costs, or add a strong multi-family asset to your portfolio. The property features four spacious 2-bedroom, 1-bath units, each offering a dedicated dining area, private porch access, and separate rear exterior entry. Three units are currently occupied, with rents at $900, $900, and $1,050 per month, providing immediate income and future upside potential. Comparable two-bedroom rentals in the area commonly lease for approximately $1,100 to $1,200 per month, presenting an opportunity for increased cash flow over time. Additional amenities include a shared laundry area, private storage lockers for each unit, and a rare four-car garage with one dedicated space per unit. Whether you’re looking to reduce your housing costs through rental income, grow your investment portfolio, or take advantage of a true live-in-one, rent-the-rest opportunity, this versatile property offers flexibility and long-term potential in a proven rental market.