2163 E 84th Street, Cleveland, OH 44103

$190,000
6
BD
4
BA
2,104
SqFt

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Sold Price
$190,000
List Price
$215,000
Status
CLOSED
Days on Market
105
Closing Date
May 21, 2025
MLS#
5098424
Subtype
Residential Income
Year Built
1900
Bedrooms
6
Bathrooms
4
Full Baths
4
Living Area
2,104
Acres
0.10
MLS Area Major
Cleveland

Property Description

Prime investment opportunity! This quadplex has undergone extensive renovation. Significant capital improvements completed between 2021-2024 include a new roof, 4 new furnaces, 4 new hot water tanks, all new windows, all new electrical panels, and substantial plumbing upgrades. While the property is being sold "as-is" and still requires TLC, the most expensive portions of the renovation have already been completed. For subsidized housing in this zip code, CMHA will pay up to $1,129 for a 2 bedroom unit, and up to $937 for a 1 bedroom unit. With two 2 bedroom units and two 1 bedroom units, this property can rent for $4,132 monthly, making this a lucrative investment. In a location with strong rental demand, this property is ideal for investors practicing the BRRR method.

Additional Information

Taxes
$813
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Common, Driveway, No Garage
School District
Cleveland Municipal - 1809

Listing Courtesy of: Aimee Neiman, aimeeneiman@kw.com With Keller Williams Chervenic Rlty

Selling Office: Coldwell Banker Schmidt Realty.

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