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6538 Newman Avenue, Cleveland, OH 44127

$220,000
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Active
BEDS8 BATHS4 full SQUARE FEET4,752 MLS#5201565
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNewman SCHOOLCleveland Municipal - 1809

Property Description

NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you're an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.

6538 Newman Avenue | MLS# 5201565

This multi-family property located at 6538 Newman Avenue, Cleveland, OH 44127 is currently listed for sale with an asking price of $220,000. Newman Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on sheenaedwards.johnyoderteam.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $6,060 / year
Year Built: 1915

Feature Descriptions

Days on Site: 48
Exterior: Brick, Vinyl Siding
Parcel#: 125-12-072
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: CliffLouis@kw.com, 203-554-9020

Shown By

Agent Name: Sheena Edwards
Agent Phone: Cell: (614) 207-8278
Agency Title: Key Realty

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Estimated Payment

$ 1,799.78 per month $1,230.62 Principal & Interest $505.00 Property Tax $64.17 Homeowner's Insurance

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