Turnkey Multifamily Portfolio in
4432 Pearl Road, Cleveland, OH 44109
- Added:
- Apr 17, 2026
- Days on Market:
- 30
- Last Refresh:
- May 16 at 5:06 pm
Property Features for 4432 Pearl Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 5, Basement, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1
- Standard status
- Active
- APN
- 012-07-026
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 58 CITYVW 0216 ALL, 58 CITY VW 0217 ALL, 58 CITY VW 0218 ALL
- Tax Annual Amount
- 12456
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Building materials
- MetalSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Chassity Miller License #2017005555 (330) 604-2363
Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH (866) 212-4991
Listing date Apr 17, 2026
MLS# 5202283
Listing URL
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.
HighLights
- Portfolio sale: Two fully renovated income properties (single‑family and multifamily) in one transaction.
- Strong cash flow: 8.06% current cap rate with potential to reach 10.01% at market rents.
- Turnkey investment: All units are occupied with professional property management in place.
- Fully renovated: Both properties feature updated flooring, cabinets, bathrooms, electrical, plumbing, and HVAC.
- Expansion potential: Basement at 4438 is framed, plumbed, and permit‑ready for 1‑2 additional units.
- Lead certified: Both properties are LEAD certified.
Overview
The properties at 4432 and 4438 Pearl Road are offered together as a portfolio. The property at 4432 Pearl Road is a renovated single-family home featuring 5 bedrooms and 2 bathrooms with updated flooring, cabinets, bathrooms, electrical, plumbing, and HVAC. The tenant is responsible for all utilities. The property at 4438 Pearl Road is a renovated 3-unit multifamily building. It includes one 3-bedroom, 1-bathroom unit and two 2-bedroom, 1-bathroom units. The building has a new furnace (2025) and a new flat roof, and all underground plumbing has been redone. All 4 units are occupied, and a professional property management company is in place. Both properties are LEAD certified. The basement at 4438 is framed, plumbed, and permit-ready for 1-2 additional units. A parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. The properties offer strong cash flow from day one at an 8.06% current cap rate, with a path to 10.01% at market rents. The lot size is 0.402 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Just Like Family ...
Home Health Care Service
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.710662
- Latitude
- 41.43506
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two fully renovated income properties with strong cash flow.
Where is this apartment building located?
The property is located at 4432 Pearl Road Cleveland, OH.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Portfolio sale: Two fully renovated income properties (single‑family and multifamily) in one transaction.; Strong cash flow: **8.06% current cap rate** with potential to reach 10.01% at market rents.; Turnkey investment: All units are occupied with professional property management in place.
