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8111 Madison Avenue Cleveland, OH 44102

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For Sale
$399,000

MULTI_FAMILY - Cleveland, OH

Property size:
6,502 SF
Lot size:
0.11 Acres
Added:
Feb 12, 2026
Days on Market:
47
Last Refresh:
Mar 31 at 3:06 pm

Property Features for 8111 Madison Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 6, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 8, Bedroom 2, Bedroom 3
Standard status
Active
APN
006-03-032
Size
6,502 SF
Lot size
0.11 Acres

Taxes and HOA fees

TaxYear
2024
TaxDescription
28 HARDYS S/L 58 ALL 0059 WP
TaxAnnualAmount
5592

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

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

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Listing Contact
Erin Thomas

Listing agent Erin Thomas License #2019005940

Listing office Keller Williams Living 32875 Solon Road, Suite 100, Solon, OH

Listing date Feb 12, 2026

MLS# 5186674

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.


Overview

Renovated Cleveland Multifamily Investment Opportunity

This is a fully renovated 4-unit investment opportunity located in the 44102 neighborhood. The property is delivered completely vacant and ready for immediate lease-up. Each of the four units features 2 bedrooms and has been fully updated. Updates include new kitchen cabinets, countertops, flooring, fresh paint, and fully remodeled bathrooms. Major capital improvements have been completed, including new furnaces, new hot water tanks, updated mechanical systems, new electrical, new gas service, and new windows. The property is located in one of Cleveland's most active rental markets with strong tenant demand and long-term growth potential. The property is conveniently located near Detroit Shoreway, Starbucks, Lakewood, and major retail corridors. The lot size is 0.1147 acres. The property size is 6502 square feet. Tenants are responsible for their own gas and electric, while the owner is responsible for water and sewer. The property is a multifamily property and a residential income property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.74119
Latitude
41.47691

FAQs

What type of property is this?
Quadplex - Fully renovated 4-unit property in a growing Cleveland neighborhood.
Where is this quadplex located?
The property is located at 8111 Madison Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully renovated 4‑unit building, delivered vacant and ready for immediate lease‑up.; New furnaces, hot water tanks, electrical, gas service, and windows installed.; Projected gross income of $4,500+ per month once stabilized, with CMHA market rents supporting $1,100-$1,300 per unit.
More about this property
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