- For Sale $485,000
- Property Type Multi-Family
- Property Size 4,460 SF
- Units 4
- Lot Size 0.1 Acre
- Property Tenancy Multi-Tenant
- Year Built 1925
- Date Updated May 14, 2026
Description
Prime North Collinwood location near Lake Erie, Waterloo Arts District, downtown access and major highways, offering a turnkey four-unit brick investment with strong rental appeal.Turnkey four-unit brick investment property in Cleveland’s desirable North Collinwood neighborhood featuring fully
remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and
appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and
strong tenant appeal. Current rents include two units at $1,200/month, one at $1,175/month, with one vacant unit
projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Solid brick construction,
updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also
presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near
Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term
value. Showings start Monday Feb 23 Unit 1 & basement only. Other units available to show upon contract.
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Contacts
Seth Task
Professional Realty
Location
Located at 14620 Lake Shore Blvd, Cleveland, OH 44110, this property is part of the North Collinwood neighborhood and Cleveland Akron market.
Contact Listing Broker
Seth Task
Professional Realty