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Updated Four-Unit Quadplex
New
For Sale
$400,000

1852-1854 W 45th Street, Cleveland, OH 44102

MULTI_FAMILY - Cleveland, OH

Property Size3,700 SF
Lot Size0.15 Acres
Price / SF$108.11
Days on Market3

Property Features for 1852-1854 W 45th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Basement, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 1, Laundry Room
Parking features Driveway, Off Street
Appliances Washer
Subdivision Benedict & Root Allotment
Elementary school district East Cleveland CSD - 1812
Middle school district East Cleveland CSD - 1812
High school district East Cleveland CSD - 1812
Directions Off Franklin Blvd, between W 44th St and W 46th St.
Standard status Active
APN 002-36-044
Size 3,700 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 49 B&R 0225 SP
Tax Annual Amount 9670
Legal Description 49 B&R 0225 SP

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

private entrance
dedicated laundry hookups
basement storage

Building Details

Year built 1900
Floors in Building 2
Building materials AluminumSiding, VinylSiding
Roof type Asphalt, Shingle
Listing Agency: RE/MAX Haven Realty · RE/MAX International
Listed By: Michael Azzam · License #2014004734
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 8 at 10:06PM
MLS# 5234492

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.

Investment Insights

Based on property information with market context.

This 3,700-square-foot quadplex on a 0.1515-acre lot contains four apartments: two with 2 bedrooms and 1 bath, plus two with 1 bedroom and 1 bath. Each unit has a private entrance and dedicated laundry hookups. Interior improvements include updated kitchens and bathrooms, LVP flooring, modern lighting, and refreshed plumbing fixtures. Vinyl windows, vinyl siding, PVC plumbing, newer hot water tanks, younger furnaces, forced-air heat, and central air add to the property's physical updates. The basement provides additional storage space.

One apartment is occupied under a 12-month lease, while three units are vacant. Gas and electric utilities are separately metered. Off-street parking and a driveway are included. Public water and public sewer serve the property, which was built in 1900 and features an asphalt shingle roof.

Located at 1852-1854 W 45th Street in Cleveland, the property is near MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, Downtown Cleveland, major highways, shopping, restaurants, schools, and public transportation. Professional management is in place and willing to remain.

Key Highlights

  • 3,700‑square‑foot quadplex on a 0.1515‑acre lot
  • Unit mix includes two 2‑bed/1‑bath apartments and two 1‑bed/1‑bath apartments
  • One unit occupied on a 12‑month lease; three units vacant

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm Tech Support Center Plumbing Service Veterinary Clinic

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
25%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

Demographics for 44102, OH

43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with private entrances, separate utilities, laundry hookups, and refreshed interior finishes.
Where is this quadplex located?
The property is located at 1852-1854 W 45th Street Cleveland, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3,700‑square‑foot quadplex on a 0.1515‑acre lot; Unit mix includes two 2‑bed/1‑bath apartments and two 1‑bed/1‑bath apartments; One unit occupied on a 12‑month lease; three units vacant
More about this property
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