Discover a rare investment opportunity in the rapidly growing Circle East District, just steps from Little Italy and right at the edge of the highly sought-after University Circle. This remodeled 4-unit building is fully refreshed and ready for tenants, with one unit currently occupied by a steady Section 8 tenant at $950 per month. Featuring durable vinyl windows and a roof approximately five years old, the property offers low-maintenance ownership in an area undergoing major transformation. Utilities along Euclid Avenue were upgraded last year, and full infrastructure work on this street is slated for spring/summer 2026?positioning this block for significant appreciation. Located within a federally designated Opportunity Zone, investors can take advantage of substantial tax benefits while benefiting from the neighborhood's momentum. With new construction homes selling for $400,000 just one block away, the upside is undeniable. A chance to secure prime real estate in the heart of Cleveland's most rapidly expanding cultural, medical, and educational hub?at pennies on the dollar.
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: ryan.m.sackman@gmail.com, 704-900-9891
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimated Payment
$ 816.72 per month $556.39 Principal & Interest $187.42 Property Tax $72.92 Homeowner's Insurance
1811 Lakeview Avenue | MLS# 5181325
This multi-family property located at 1811 Lakeview Avenue, Cleveland, OH 44112 is currently listed for sale with an asking price of $250,000. Lakeview Avenue is located within the East Cleveland City school district. Search Cleveland real estate on www.progressiveurban.com today.