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Quadplex with Approved Plans
New
For Sale
$169,900

1624 E 82nd St, Cleveland, OH 44103

Four-unit multifamily property with major systems upgraded and permitting completed for the remaining renovation work.

Property Size7,044 SF
Price / SF$24.12
Days on Market4

Property Features for 1624 E 82nd St

General Information

Standard status Active
Size 7,044 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence complete the remaining work

Additional Details

Utilities to Site Yes
Multifamily Units 4

Building Details

Year Built 1904
Buildings 1
Listing Agency: Keller Williams Legacy Group Realty
Listed By: Jason Lacourt · License #2019006512
Source: Theacclaimedrealty
Added: Sep 14 Last Checked: Sep 16 at 11:50PM

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 Keller Williams Legacy Group Realty

Investment Insights

Based on property information with market context.

This 1904 quadplex contains 7,044 square feet across four units and is positioned for completion following substantial renovation work. Updates include the roof, electrical, plumbing, windows, and HVAC, while the interior has been opened for the remaining finishes. Four new electric water heaters and four new high-efficiency furnaces are included, along with installed electrical, gas, and water meters, completed rough-ins, hot and cold water service, and laundry sinks.

Full architectural plans and mechanical engineering drawings have received City of Cleveland review and approval, with permits already pulled. The property is located near University Circle, Case Western Reserve University, Cleveland Clinic, and University Hospitals. The address is 1624 E 82nd St in Cleveland, Ohio.

Key Highlights

  • 7,044‑square‑foot quadplex with four units
  • 1904 construction with updates to roof, electrical, plumbing, windows, and HVAC
  • City of Cleveland‑reviewed architectural and mechanical plans approved; permits pulled

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

610
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property with major systems upgraded and permitting completed for the remaining renovation work.
Where is this quadplex located?
The property is located at 1624 E 82nd St Cleveland, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 7,044‑square‑foot quadplex with four units; 1904 construction with updates to roof, electrical, plumbing, windows, and HVAC; City of Cleveland‑reviewed architectural and mechanical plans approved; permits pulled
More about this property
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