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Renovated Four-Unit Multifamily Property
For Sale
$399,000

7609 Superior Ave, Cleveland, OH 44103

Updated four-unit property with strong rental appeal and modern amenities.

Property Size4,098 SF
Price / SF$97.36
Days on Market111

Property Features for 7609 Superior Ave

General Information

Standard status Active
Size 4,098 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $301
Listing Agency: RE/MAX Haven Realty
Listed By: Michael Azzam · License #2014004734
Source: Exprealty
Added: May 12 Changed: Aug 26 Last Checked: Aug 29 at 11:17AM

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 RE/MAX Haven Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property presents an investment opportunity with updates throughout. Units 1 and 2 include 2 beds and 1 bath each, while Units 3 and 4 feature 3 beds and 1 bath layouts. Each unit has been updated with LVP flooring, newly carpeted bedrooms, recessed lighting, new entry doors, updated kitchens with new cabinets and laminate countertops, and fully remodeled bathrooms featuring new vanities, fixtures, tub surrounds, and toilets. In-suite washer and dryer hookups add tenant convenience. Mechanical improvements include fully rewired electrical, updated 100 AMP panels, new furnaces, new water heaters, and new plumbing and drain lines throughout. The exterior has also seen upgrades including a new roof, recently painted exterior, newly built rear porches, new gutters, updated exterior lighting, a new security door, and glass block basement windows. Gas and electric utilities are separately metered. Located on Superior Ave, the property provides access to Downtown Cleveland, University Circle, Cleveland Clinic, University Hospitals, and Case Western Reserve University. Residents have access to Rockefeller Park, the Cleveland Cultural Gardens, the RTA HealthLine, major bus routes, restaurants, and shops. The property offers value, location, and income potential.

Key Highlights

  • Fully renovated units with modern finishes attract high‑quality tenants.
  • Major mechanical upgrades minimize future maintenance costs.
  • Prime location with quick access to key Cleveland areas attracts a diverse tenant base.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

395
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

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 - Updated four-unit property with strong rental appeal and modern amenities.
Where is this quadplex located?
The property is located at 7609 Superior Ave Cleveland, OH.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully renovated units with modern finishes attract high‑quality tenants.; Major mechanical upgrades minimize future maintenance costs.; Prime location with quick access to key Cleveland areas attracts a diverse tenant base.
More about this property
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