Turnkey Multifamily Portfolio in Cleveland

4432 Pearl Road, Cleveland, OH 44109

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For Sale

$570,000

MULTI_FAMILY - Cleveland, OH

Lot size:

0.40 Acres

HighLights

Offered as a portfolio: 4432 & 4438 Pearl Road sold together (two income properties).
4432: 5‑bedroom, 2‑bath single‑family home with updates including new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC.
Tenant‑paid utilities at 4432; both 4432 and 4438 are LEAD certified.
4438: fully renovated 3‑unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with new furnace (2025) and brand new flat roof.
4438: all underground plumbing redone; basement is framed, plumbed, and permit‑ready for 1–2 additional units.
Parking parcel between the two properties conveys; includes appliances at 4438 (appliances at 4432 belong to the tenant).

We can help!

Listing Contact

Chassity Miller

For Sale

$570,000

MULTI_FAMILY - Cleveland, OH

Lot size:

0.40 Acres

Added:: Apr 17, 2026
Days on Market:: 56
Last Refresh:: Jun 11 at 7:06 pm

Property Features for 4432 Pearl Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 2
Rooms: Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
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: Asphalt, Fiberglass

We can help!

Listing Contact

Chassity Miller

Listing agent Chassity Miller License #2017005555

Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH

Listing date Apr 17, 2026

MLS# 5202283 Listing URL

HighLights

Offered as a portfolio: 4432 & 4438 Pearl Road sold together (two income properties).
4432: 5‑bedroom, 2‑bath single‑family home with updates including new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC.
Tenant‑paid utilities at 4432; both 4432 and 4438 are LEAD certified.
4438: fully renovated 3‑unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with new furnace (2025) and brand new flat roof.
4438: all underground plumbing redone; basement is framed, plumbed, and permit‑ready for 1–2 additional units.
Parking parcel between the two properties conveys; includes appliances at 4438 (appliances at 4432 belong to the tenant).

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 Location Intelligence

Current Use by Public Records

Just Like Family ... Home Health Care Service

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Location Insight

Map
Local Demand

City: Cleveland
County: Cuyahoga
State: Ohio
Longitude: -81.710662
Latitude: 41.43506

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For sale
Apartment buildings
OH
Cleveland
44109
4432 Pearl Road

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: Offered as a portfolio: 4432 & 4438 Pearl Road sold together (two income properties).; 4432: 5‑bedroom, 2‑bath single‑family home with updates including new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC.; Tenant‑paid utilities at 4432; both 4432 and 4438 are LEAD certified.

4432 Pearl Road, Cleveland, OH 44109

MULTI_FAMILY - Cleveland, OH

Property Features for 4432 Pearl Road

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

Mixed-Use Office and Residential Property

Turnkey Bar and Restaurant with Banquet Hall

Retail Store with Brick Front

Versatile Commercial Space, Cleveland

Turnkey Duplex with Detached Garage

Turnkey Triplex in South Collinwood

Turnkey Entertainment Venue Opportunity

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