656 E 106th ST Cleveland, OH 44108
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,169 sqft
Price per Sqft $23
Subdivision Frederick G Hanks
MLS Listing ID 5164463
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,446
Year Built 1920
Annual Tax Amount $3,996
Tax Year 2024
Lot Size 6,446 Sqft
Acres 0.148
Property Sub-Type Quadruplex
Stories Two
Story Two
Property Description
The units are all in good condition and cared for well by the tenants. They are all currently on year leases which are up for renewal in March of 2026. Tenants pay their own utilities- Owner covers water, sewer, community electric, and landscaping. Recent gross annual income is approximately $30,057 with potential for increased rents as leases renew! The property offers a full basement with shared laundry, on-street parking, and classic Cleveland architecture built to last.
Major updates include a brand new roof, 2 newer hot water tanks, and some new windows.
Located near major employers, public transit, and the University Circle corridor, this quadplex provides stable cash flow and solid long-term upside. Perfect addition to your rental portfolio or as a first investment property.
Contact listing agent for a link to view all interior photos and videos of units!
Location
State OH
County Cuyahoga
Direction Northeast
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, In Basement
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Composition
Private Pool No
Building
Faces Northeast
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 108-25-010
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition Standard
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