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Quadplex Requiring Renovation
For Sale
$75,000

1055 Addison Road, Cleveland, OH 44103

A newer roof is in place, but the property needs comprehensive renovation.

Property SizeContact for details
Days on Market67

Property Features for 1055 Addison Road

General Information

Standard status Active
Property subtype Quadruplex

Property Condition

Severity Major Repairs Needed
Evidence in need of a full renovation

Site & Location

Neighborhood St Clair-Superior

Taxes and HOA fees

Annual Taxes $346

Building Details

Year Built 1910
Listing Agency: Market First Real Estate Services
Listed By: martine Wright · License #2017005374
Source: Lifestagesrealty
Added: Aug 23 Changed: Oct 26 Last Checked: Oct 26 at 3:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Market First Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this quadplex has a newer roof and requires a full renovation. The property is offered as-is, and the seller will not complete repairs. It is currently on the condemned-property list.

Key Highlights

  • Quadplex built in 1910
  • Newer roof
  • Full renovation required; offered as‑is with no seller repairs

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 44103, OH

14,469
Population
9,479
Households
1.5
Avg Household Size
43
Median Age
12%
College-Educated
78%
High-School Grad
4.1 sq mi
ZIP Area
3,529
Density / Sq Mi
$24,219
Median Household Income
$27,495
Median Earnings
$720
Median Rent
$57,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A newer roof is in place, but the property needs comprehensive renovation.
Where is this quadplex located?
The property is located at 1055 Addison Road Cleveland, OH.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Quadplex built in 1910; Newer roof; Full renovation required; offered as‑is with no seller repairs
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