Property
Beds
12
Full Baths
4
1/2 Baths
2
Year Built
1910
Sq.Footage
6,424
RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:     •    7507 – $1,400     •    7509 – $1,385     •    7511 – $1,250     •    7513 – $1,640 That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights:     •    Four side-by-side 3-bedroom townhome units     •    Private basements & dual entrances for every unit     •    Renovated interiors with LVP & granite finishes     •    Multiple newer furnaces & key upgrades completed     •    Fully rented, strong Section 8 tenancy     •    Tenants pay gas & electric Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
4
-
1/2 Bathrooms
2
-
Above Grade Finished Area
6424.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.2195
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$499,900
-
Tax Amount
5373.0
-
Sq. Footage
6, 424
-
Price/SqFt
$77
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Mark A Colucci , Keller Williams Citywide
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AGENT
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