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    656 E 106Th St Cleveland, OH 44108

    Pending
    For Sale
    $119,000

    MULTI_FAMILY - Cleveland, OH

    Property size:
    5,169 SF
    Lot size:
    0.15 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 656 E 106Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 3, Bedroom 1, Basement, Bedroom 3, Laundry Room, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    108-25-010
    Parking features
    On Street
    Size
    5,169 SF
    Lot size
    0.15 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Composition

    Real Brokerage Technologies (440) 391-1650 [email protected]

    Listing agent Christine Revay (440) 376-4181 License #2022007949

    Listing date Oct 18, 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 Income Property

    This is a solid all-brick four-unit property located on Cleveland's east side. The property features four spacious 1-bedroom, 1-bath apartments, each approximately 860 sq ft. The units are all in good condition and well-maintained by the tenants, who are currently on year leases expiring in March of 2026. The property is fully occupied, generating $2280 per month. Tenants pay their own utilities, while the owner covers water, sewer, community electric, and landscaping. The recent gross annual income is approximately $30,057, with potential for increased rents upon lease renewal. The property includes a full basement with shared laundry, on-street parking, and classic Cleveland architecture. Major updates include a brand new roof, 2 newer hot water tanks, and some new windows. Situated near major employers, public transit, and the University Circle corridor, this quadplex offers stable cash flow and long-term upside. The property, built on a 0.148-acre lot, is a suitable addition to a rental portfolio or as a first investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.613348
    Latitude
    41.53872

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit property with long-term tenants and separate utilities.
    Where is this quadplex located?
    The property is located at 656 E 106Th St Cleveland, OH.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: - Fully occupied 4-unit brick building generating $2280/month ($30,057 annually) with potential for increased rents.; - Separate tenant-paid utilities (except water, sewer, community electric, and landscaping) for reduced owner expenses.; - Long-term tenants in place with leases renewing in March 2026.
    (440) 376-4181
    Request Owner's contact information
    656 E 106Th St 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
    656 E 106Th St Cleveland, OH 44108
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