4438 Pearl Rd

4438 Pearl Rd, Cleveland, OH 44109

Property Information

  • For Sale $395,000
  • Property Type Multi-Family
  • Property Size 5,230 SF
  • Units 3
  • Lot Size 0.11 Acre
  • Year Built 1900
  • Date Updated Jun 17, 2026

Description

Pearl Road is a primary north-south arterial offering direct connectivity to Downtown Cleveland (~5 miles north), Parma, and the southwest suburbs. The neighborhood benefits from proximity to MetroHealth Medical Center, one of Cleveland's largest employers, and convenient access to I-480 and I-71. Dense mix of owner-occupied and rental housing with strong long- term occupancy fundamentals. Retail, restaurants, and services within walking distance. Strong RTA bus transit access. The location attracts stable, long-term tenants and supports consistent rental demand.Fully renovated three-unit multifamily in Cleveland's Brooklyn Centre / Old Brooklyn — $395,000, with the large adjacent parking lot (separate parcel #012-07-027) included at no additional cost. All three units occupied (one 3/1, two 2/1), producing $3,410/month with $3,995/month upside at market rents; one unit is Section 8. New furnace (2025), new flat roof, and underground plumbing redone, with full interior renovations throughout; appliances convey. Basement is framed and permit-ready for 1–2 additional units — a clear value-add. Near MetroHealth, ~5 miles to Downtown Cleveland, with easy I-480/I-71 access. Available on its own or with the adjacent single-family at 4432 Pearl Road.

Highlights

  • All 3 units: full renovation (flooring, cabinets, paint, bathrooms,
  • Basement: walls fully framed; permit-ready for 1–2 additional units
  • Furnace: new furnace installed 2025
  • kitchens)
  • Roof: entire flat roof completely replaced
  • Underground plumbing: completely redone

Contacts

Location

Located at 4438 Pearl Rd, Cleveland, OH 44109, this property is part of the Old Brooklyn neighborhood and Cleveland Akron market.

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