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    4412 E 156Th St Cleveland, OH 44128

    For Sale
    $450,000

    SINGLE_FAMILY - Other - Cleveland, OH

    Lot size:
    0.43 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 4412 E 156Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Laundry Room
    APN
    29-017-0-039.16-0
    Appliances
    Dishwasher, Range, Refrigerator
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    2
    Architectural style
    Other

    Gonatas Real Estate (330) 501-8300 [email protected]

    Listing agent Dennis D Gonatas Sr. (330) 501-8300 License #2023000272

    Listing date Dec 1, 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

    Investment Portfolio with Rental Upside

    This portfolio consists of five properties with a total of seven units, presenting a potential for substantial rental income. The properties offer a mix of occupied and value-add units. The portfolio is projected to generate over $100,000 annually in gross income once stabilized. The package includes a property featuring two homes on one lot, with the front unit currently rented. Another property is a duplex, with both units currently rented. A single-family home with three bedrooms and one bathroom is delivered vacant, ready for renovation. The portfolio also includes a duplex with both units vacant and ready for improvements. The portfolio provides a mix of cash-flowing units and redevelopment potential, suitable for investors seeking scale, stability, and future upside. The lot size is 0.426 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -80.641344
    Latitude
    41.026637

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    FAQs

    What type of property is this?
    Duplex - Five properties, seven units, strong rental upside, value-add opportunity.
    Where is this duplex located?
    The property is located at 4412 E 156Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Portfolio of 5 properties with 7 total units.; - Potential for over $100,000 per year in gross income once stabilized.; - Mix of occupied and vacant units provides immediate income and value-add opportunities.
    (330) 501-8300
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    4412 E 156Th St Cleveland, OH 44128
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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
    4412 E 156Th St Cleveland, OH 44128
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