4412 E 156th Street, Cleveland, OH 44128

$370,500

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Sold Price
$370,500
List Price
$430,000
Status
CLOSED
Days on Market
178
Closing Date
May 28, 2026
MLS#
5171179
Subtype
Commercial Sale
Year Built
1952
Acres
0.43
Subdivision
Miles Heights Allotment
Neighborhood
Miles Heights Allotment
MLS Area Major
Cleveland

Property Description

Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.

Additional Information

Taxes
$5,182
Heating
Forced Air
School District
Cleveland Municipal - 1809

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Lokal Real Estate, LLC..

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