Value-Add Four-Unit Multifamily
889 E 143rd Street Cleveland, OH 44110
889 E 143rd Street, Cleveland, OH, 44110
$175,000
For Sale
Under Contract
$175,000
MULTI_FAMILY - Cleveland, OH
Property Size5,700 SF
Lot Size0.12 Acres
Price / SF$30.70
Days on Market75
Property Features for 889 E 143rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 8, Laundry Room, Bathroom 3, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Basement, Bedroom 6, Bedroom 5, Bedroom 4
- Parking features
- Driveway
- Standard status
- Active Under Contract
- APN
- 115-02-023
- Size
- 5,700 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1-2 CB&S 0113 ALL
- Tax Annual Amount
- 4004
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Keller Williams Living
(440) 318-1620
32875 Solon Road, Suite 100, Solon, OH
Listed by
Erin Thomas · License #2019005940
(440) 670-2300
Added: May 6 Checked: Jul 19 at 1:06 am
MLS# 5207661
Listing URL
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Investment Insights
Based on property information with market context.
This four-unit multifamily property is located just south of the growing Collinwood Arts District. The property offers investors the opportunity to increase cash flow. The building consists of 2-bedroom units. One unit is vacant and ready for cosmetic updates. Current rents include Unit 2 at $475 per month plus $50 water reimbursement and Unit 4 at $800 per month. There is potential for future rental growth once stabilized. Unit 3 has already been cleaned out and can be turned quickly with minor updates. Recent improvements include a new roof (2025), new windows in Unit 3 (2025), replaced hot water tanks (2026), serviced furnaces in strong working condition (2026), and cleaned-up electrical. The owner has invested in pest-proofing the property. The property is located near the shops, restaurants, galleries, and nightlife of the Collinwood Arts District, including Six Shooter Coffee, and minutes from Euclid's major waterfront redevelopment project improving public access to Lake Erie. The property offers both immediate upside and long-term neighborhood growth potential. The property is situated on a lot of approximately 0.1221 acres and the building size is approximately 5700 square feet.
Key Highlights
- Brick 4‑unit building built in 1926 with forced‑air heating, flat roof, driveway parking
- Major capital improvements completed: brand‑new roof (2025), new windows in Unit 3 (2025), hot water tanks replaced (2026)
- Unit 3 is vacant and ready for light cosmetic updates after being cleaned out
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property with completed capital improvements near Collinwood Arts District.
Where is this quadplex located?
The property is located at 889 E 143rd Street 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: Brick 4‑unit building built in 1926 with forced‑air heating, flat roof, driveway parking; Major capital improvements completed: brand‑new roof (2025), new windows in Unit 3 (2025), hot water tanks replaced (2026); Unit 3 is vacant and ready for light cosmetic updates after being cleaned out