Four-Unit Quadplex Income Property

10413 Yale Avenue, Cleveland, OH 44108

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New

For Sale

$185,000

MULTI_FAMILY - Cleveland, OH

Lot size:

0.14 Acres

HighLights

Fully occupied four‑unit multifamily with total monthly rents of $2,305
Approx. 11.5% cap rate based on existing rents and known expenses
Brick construction with forced‑air heating
Flat roof and public water service
Public sewer connected
Year built: 1918

We can help!

Listing Contact

Jermaine R Burge

For Sale

$185,000

MULTI_FAMILY - Cleveland, OH

Lot size:

0.14 Acres

Added:: Jun 8, 2026
Days on Market:: 1
Last Refresh:: Jun 8 at 11:06 pm

Property Features for 10413 Yale Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 4
Rooms: Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
Standard status: Active
APN: 108-22-103
Lot size: 0.14 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 369 L&E 0004 EP
Tax Annual Amount: 2871

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Water source: Public

Building Details

Year built: 1918
Floors in Building: 2
Building materials: Brick
Roof type: Flat

We can help!

Listing Contact

Jermaine R Burge

Listing agent Jermaine R Burge License #2019000071

Listing office Keller Williams Greater Metropolitan 29225 Chagrin Boulevard #105, Cleveland, OH

Listing date Jun 8, 2026

MLS# 5217220 Listing URL

HighLights

Fully occupied four‑unit multifamily with total monthly rents of $2,305
Approx. 11.5% cap rate based on existing rents and known expenses
Brick construction with forced‑air heating
Flat roof and public water service
Public sewer connected
Year built: 1918

Overview

This fully occupied four-unit quadplex is being offered as an income-producing residential property. The listing states total current rents of $2,305, with existing operations tied to an approximate 11.5% cap rate based on known expenses and current rent levels. The property is positioned for possible income improvement through renovations when units turn over.

Located at 10413 Yale Avenue in Cleveland, Ohio 44108, this is a compact site totaling 0.1377 acres. The offering is presented as an investor-focused acquisition within Cuyahoga County.

For buyers seeking an already-leased multifamily asset, the current full occupancy can support immediate operational stability. The described value-add approach centers on refurbishing units after turnover and moving rents closer to market levels, using the existing rent base as a starting point. The property may be a fit for investors looking to add a four-unit residential income asset to an existing portfolio or to acquire a smaller multifamily property with a renovation-and-reposition plan supported by the unit turnover concept described in the listing.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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Location Insight

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Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.616277
Latitude: 41.533659

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For sale
Quadplexes
OH
Cleveland
44108
10413 Yale Avenue

What type of property is this?

Quadplex - Fully occupied four-unit quadplex generating rental income with potential for rent adjustments through future unit turns.

Where is this quadplex located?

The property is located at 10413 Yale Avenue Cleveland, OH.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: Fully occupied four‑unit multifamily with total monthly rents of $2,305; Approx. 11.5% cap rate based on existing rents and known expenses; Brick construction with forced‑air heating

10413 Yale Avenue, Cleveland, OH 44108

MULTI_FAMILY - Cleveland, OH

Property Features for 10413 Yale Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Office Building

Turnkey Retail Building in Cleveland

Asian Town Mixed-Use Assemblage

Remodeled Six-Plex on Dead-End Street

Daycare Facility in Cleveland, OH

Turnkey Bar and Restaurant with Banquet Hall

Retail Store with Brick Front

Versatile Commercial Space, Cleveland

Turnkey Triplex in South Collinwood

Turnkey Entertainment Venue Opportunity

Spacious Cleveland Duplex Investment Opportunity

Cash-Flowing Duplex Near Waterloo Arts

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