1811 Lakeview Avenue
Cleveland, OH 44112

Listed at $250,000

Details

  • MLS# 5181325
  • Multi Unit - Multiple
  • Status Active
  • 8 Bedrooms
  • 4 full Bathrooms
  • 0 Square Feet
  • 0.087 acres
  • Built in 1912
  • East Cleveland City Local Schools

Description

Discover a rare investment opportunity in the rapidly growing Circle East District, just steps from Little Italy and right at the edge of the highly sought-after University Circle. This remodeled 4-unit building is fully refreshed and ready for tenants, with one unit currently occupied by a steady Section 8 tenant at $950 per month. Featuring durable vinyl windows and a roof approximately five years old, the property offers low-maintenance ownership in an area undergoing major transformation. Utilities along Euclid Avenue were upgraded last year, and full infrastructure work on this street is slated for spring/summer 2026?positioning this...read more block for significant appreciation.Located within a federally designated Opportunity Zone, investors can take advantage of substantial tax benefits while benefiting from the neighborhoods momentum. With new construction homes selling for $400,000 just one block away, the upside is undeniable.A chance to secure prime real estate in the heart of Clevelands most rapidly expanding cultural, medical, and educational hub?at pennies on the dollar.

Features

  • None
  • Forced Air, Gas
  • 2.0 Stories
  • $2,249 / year Taxes
  • Public
  • Built in 1912
View All Features

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Yes
  • Cooling: None
  • Days on Site: 58
  • Exterior: Brick
  • Heating: Forced Air, Gas
  • Lot Size: 0.09 Acres
  • Parcel#: 672-13-029
  • Parking: Off Street
  • Roof Type: Flat
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $2,249 / year
  • Water: Public
  • Window: Insulated Windows
  • Year Built: 1912