Renovated Three-Unit
4438 Pearl Road Cleveland, OH 44109
For Sale
$395,000
MULTI_FAMILY - Cleveland, OH
Property Size5,230 SF
Lot Size0.25 Acres
Price / SF$75.53
Days on Market47
Property Features for 4438 Pearl Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Basement, Laundry Room, Bedroom 3, Bedroom 7, Bathroom 1
Standard status
Active
APN
012-07-028
Size
5,230 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
58 CITY VW 0218 ALL
Tax Annual Amount
5360
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Chassity Miller · License #2017005555
(330) 604-2363
Added: Jun 12
Changed: Jul 20
Last Checked: Jul 28 at 8:06AM
MLS# 5218600
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Investment Insights
Based on property information with market context.
This fully renovated three-unit multifamily property features one 3/1 unit and two 2/1 units, with appliances included. All three units are currently occupied, and the home has undergone substantial improvements including a new furnace installed in 2025, a new flat roof, and redone underground plumbing. The basement is framed and permit-ready for potential additional 1-2 units, providing flexibility for future expansion if desired.
The property includes a large adjacent parking lot at no additional cost, offered as a separate parcel (#012-07-027). Located in Cleveland’s Brooklyn Centre / Old Brooklyn area, it is near MetroHealth and offers easy access to I-480 and I-71, with approximately 5 miles to Downtown Cleveland. It can be purchased on its own or together with the adjacent single-family at 4432 Pearl Road.
For investors or owner-operators seeking a renovated income property, the current mix of unit sizes supports multiple tenant scenarios. The reported current income is $3,410 per month, with stated upside to $3,995 per month at market rents, and one unit is Section 8. With significant upgrades already completed and space framed for possible additional units, the layout is positioned for both stabilized operations and consideration of expansion plans.
The property includes a large adjacent parking lot at no additional cost, offered as a separate parcel (#012-07-027). Located in Cleveland’s Brooklyn Centre / Old Brooklyn area, it is near MetroHealth and offers easy access to I-480 and I-71, with approximately 5 miles to Downtown Cleveland. It can be purchased on its own or together with the adjacent single-family at 4432 Pearl Road.
For investors or owner-operators seeking a renovated income property, the current mix of unit sizes supports multiple tenant scenarios. The reported current income is $3,410 per month, with stated upside to $3,995 per month at market rents, and one unit is Section 8. With significant upgrades already completed and space framed for possible additional units, the layout is positioned for both stabilized operations and consideration of expansion plans.
Key Highlights
- Fully renovated 3‑unit multifamily in Cleveland (Brooklyn Centre/Old Brooklyn) with all 3 units occupied
- Unit mix: one 3/1 and two 2/1 units; current income $3,410/month with $3,995/month upside at market rents
- One unit is Section 8; appliances convey with the property
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated three-unit building with occupied units, modern systems, and included adjacent parking lot parcel.
Where is this triplex located?
The property is located at 4438 Pearl Road Cleveland, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Fully renovated 3‑unit multifamily in Cleveland (Brooklyn Centre/Old Brooklyn) with all 3 units occupied; Unit mix: one 3/1 and two 2/1 units; current income $3,410/month with $3,995/month upside at market rents; One unit is Section 8; appliances convey with the property