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    12014 Iowa Ave Cleveland, OH 44108

    For Sale
    $225,000

    MULTI_FAMILY - Cleveland, OH

    Lot size:
    0.07 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 12014 Iowa Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Basement, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    111-06-037
    Parking features
    On Street
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Flat

    Market First Real Estate Services (440) 724-9455 [email protected]

    Listing agent martine Wright (440) 799-8081 License #2017005374

    Listing date Jun 30, 2025

    Copyright © 2025 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.

    Overview

    Cleveland Four-Unit Multifamily Property

    This multifamily property, located in Cleveland, Ohio, features four units and is currently fully rented. The lot size is approximately 0.0658 acres. This property presents an opportunity to expand an existing real estate portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.601729
    Latitude
    41.54626

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    FAQs

    What type of property is this?
    Quadplex - Fully rented four-unit multifamily property in Cleveland, Ohio.
    Where is this quadplex located?
    The property is located at 12014 Iowa Ave Cleveland, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Fully rented property - ideal for portfolio investment; - Brick construction; - Natural Gas Heating
    (440) 799-8081
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    12014 Iowa Ave Cleveland, OH 44108
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    Cleveland, OH 44108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12014 Iowa Ave Cleveland, OH 44108
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