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(304) 444-5147
(304) 444-5147 Email (304) 444-5147
Holly Hall
REALTOR®

4578 E 131st Street
Garfield Heights, OH 44105

$879,900

49 Total Photos [Click to View All]

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Listing Details

  • $879,900
  • MLS# 5222720
  • Type Commercial - Business
  • Status Active
  • 0.367 acres
    Lot Size
  • 1962
    Year Built
  • Cleveland Municipal - 1809
    Local Schools

Home Value Estimate

Description

100% occupied, cash flowing 12 unit complex with value-add upside! This newly updated 12 unit deal is perfect for the investor looking for solid, stable cash flow day 1, while still having easy value-add upside available through basic cosmetic updates and organic rent bumps! Currently 100% occupied, grossing $10,740 in rent per month, an investor will walk into nearly a 9.5% cap rate AS IS. Proforma, a savvy buyer will easily achieve $12,500+ per month in gross rent, with the ability to implement parking fees and on-site coin operated laundry for additional income! The unit mix is ideal - boasting (8) two bedroom units and (4) one bedroom...read more

Features

  • Wall Unit(s)
  • Forced Air
  • 3.0 Stories
  • $18,145 / year Taxes
  • Public
  • Built in 1962

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Preferred Communication Method
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Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agent Name: Holly Hall
Agent Phone: (304) 444-5147
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact

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Holly Hall
Holly Hall Office: (304) 344-2581 Cell: (304) 444-5147 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/29/2026. The listing information on this page last changed on 06/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/29/2026 12:30:41 PM EST) or CBRMLS (last updated Mon 06/29/2026 12:24:59 PM EST) or Beckley MLS (last updated Mon 06/29/2026 12:20:47 PM EST) or Kanawha Valley MLS (last updated Mon 06/29/2026 12:27:32 PM EST) or HTGN MLS (last updated Mon 06/29/2026 12:24:51 PM EST) or Wheeling MLS (last updated Mon 06/29/2026 11:53:03 AM EST) or West Penn MLS (last updated Mon 06/29/2026 12:23:52 PM EST) or NCWV MLS (last updated Mon 06/29/2026 12:17:04 PM EST) or Mercer/Tazewell MLS (last updated Mon 06/29/2026 11:15:05 AM EST) or MLS NOW (last updated Mon 06/29/2026 12:28:11 PM EST) or Greenbrier Valley Board of Realtors (last updated Mon 06/29/2026 11:02:16 AM EST) or Ashland KY MLS (last updated Mon 06/29/2026 12:21:15 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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