8111 Madison Avenue Cleveland, OH 44102
- Added:
- Feb 12, 2026
- Days on Market:
- 84
- Last Refresh:
- May 7 at 3:06 pm
Property Features for 8111 Madison Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 7, Basement, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 6
- Standard status
- Pending
- APN
- 006-03-032
- Size
- 6,502 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 28 HARDYS S/L 58 ALL 0059 WP
- Tax Annual Amount
- 5592
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing agent Erin Thomas License #2019005940 (440) 670-2300
Listing office Keller Williams Living 32875 Solon Road, Suite 100, Solon, OH (440) 318-1620
Listing date Feb 12, 2026
MLS# 5186674
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
- Fully renovated 4‑unit building, delivered vacant and ready for immediate lease‑up.
- New furnaces, hot water tanks, electrical, gas service, and windows installed.
- Projected gross income of $4,500+ per month once stabilized, with CMHA market rents supporting $1,100-$1,300 per unit.
- Each unit features 2 bedrooms and fully remodeled bathrooms.
- Tenants pay their own gas and electric, keeping operating expenses low.
- Convenient location near Detroit Shoreway, Starbucks, Lakewood, and major retail corridors in a strong rental market.
Overview
Renovated Cleveland Multifamily Investment Opportunity
This is a fully renovated 4-unit investment opportunity located in the 44102 neighborhood. The property is delivered completely vacant and ready for immediate lease-up. Each of the four units features 2 bedrooms and has been fully updated. Updates include new kitchen cabinets, countertops, flooring, fresh paint, and fully remodeled bathrooms. Major capital improvements have been completed, including new furnaces, new hot water tanks, updated mechanical systems, new electrical, new gas service, and new windows. The property is located in one of Cleveland's most active rental markets with strong tenant demand and long-term growth potential. The property is conveniently located near Detroit Shoreway, Starbucks, Lakewood, and major retail corridors. The lot size is 0.1147 acres. The property size is 6502 square feet. Tenants are responsible for their own gas and electric, while the owner is responsible for water and sewer. The property is a multifamily property and a residential income property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.74119
- Latitude
- 41.47691
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully renovated 4-unit property in a growing Cleveland neighborhood.
Where is this quadplex located?
The property is located at 8111 Madison Avenue 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 4‑unit building, delivered vacant and ready for immediate lease‑up.; New furnaces, hot water tanks, electrical, gas service, and windows installed.; Projected gross income of $4,500+ per month once stabilized, with CMHA market rents supporting $1,100-$1,300 per unit.
