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Four-Unit Residential Income Property

10413 Yale Avenue Cleveland, OH 44108

10413 Yale Avenue, Cleveland, OH, 44108
$175,000
For Sale
$175,000

MULTI_FAMILY - Cleveland, OH

Lot Size0.14 Acres
Days on Market44

Property Features for 10413 Yale Avenue

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bedroom 8, Bathroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 2
Standard status
Active
APN
108-22-103
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
369 L&E 0004 EP
Tax Annual Amount
2871

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1918
Floors in Building
2
Building materials
Brick
Roof type
Flat
Listing Agency Keller Williams Greater Metropolitan
29225 Chagrin Boulevard #105, Cleveland, OH
Listed by Jermaine R Burge · License #2019000071
Added: Jun 8 Updated: Jul 17 at 10:18 pm Checked: Jul 21 at 6:06 am
MLS# 5217220 Listing URL

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully occupied four-unit residential income property is being offered for sale as a ready-to-operate rental asset. The current tenanting provides immediate income, with total rents noted at $2,305, and the listing estimates an approximate 11.5% cap rate based on existing rents and known expenses.

The property is located at 10413 Yale Avenue in Cleveland, Ohio (44108), in Cuyahoga County. The listing describes below-market rents, with potential to increase income as units turn over through renovation and rent adjustments.

Set on a 0.1377-acre lot, the building is configured as a quadplex with four separate units, providing multiple revenue streams within one property.

Key Highlights

  • Fully occupied four‑unit property with below‑market rents totaling $2,305
  • Approx. 11.5% cap rate based on existing rents and known expenses
  • Brick construction built in 1918

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Spa & Massage Center Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy Parking Lot & Garage Computer & Electronic Repair Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully occupied four-unit rental property in Cleveland offering current rental income and value-add through unit turns.
Where is this quadplex located?
The property is located at 10413 Yale Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Fully occupied four‑unit property with below‑market rents totaling $2,305; Approx. 11.5% cap rate based on existing rents and known expenses; Brick construction built in 1918
Contact an agent
More about this property
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