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Street View
$375,000
Monthly Est:$1,867
12 Beds
6 Baths4 full baths
5,624sqft
7507 Lawnview Ave, Cleveland, OH 44103
$375,000
$1,867/moEst:
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Quadruplex
Built in 1910
$-- HOA
0.22 acre lot
$67/sq.ft
Description
Discover an exceptional value-add investment opportunity at 7507 Lawnview Avenue! This four-unit property features a desirable side-by-side, townhome-style layout, giving residents added privacy and the feel of a single-family home.
Each spacious unit offers 3 bedrooms, 1 full bathroom, two levels of living space, a private basement, and separate front and rear entrances. Two units are currently generating income: Unit 4 rents for $1,640 per month through Section 8, and Unit 3 rents for $1,100 CASH per month. The two vacant units allow the next owner to complete improvements, place tenants at market rent, and quickly increase cash flow.
With estimated market rents of $1,600+ per unit, the property offers potential gross rental income exceeding $6,000 per month when fully improved and occupied. This is an outstanding opportunity to acquire a high-upside multifamily asset, increase rents, build equity, and create a true cash-flow powerhouse in a high investment and new construction area.
- Houzeo last checked: 2 hours ago
- Listing updated: October 1, 2026 at 8:28 pm
- Listing Provided by: Mark A Colucci (440) 590-5219 DRE #2020004747 | Keller Williams Citywide (440) 892-2211
- Source: MLS Now-OH | MLS#: 5245178
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1910
HOA Fees
-
Finished Area
5,624 sqft
Lot Size
0.22 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5245178
MLS Status
Pending
Days on Market
23
Cumulative Days on Market
226
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Heating
Forced Air, Gas
Sewer
Public Sewer
Cooling
None
Construction
Year Built
Year Built: 1910
Home type
Quadruplex
Roof
Asphalt, Fiberglass
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Basement
Unfinished
Parking Features
On Street
Other Features
Subdivision Name
Simpson & Goakes
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Pending | $375,000 $67/sqft |
09/15/2026 Source: | Price Decreased | $375,000 -10.69% $67/sqft |
08/02/2026 Source: | Off Market | $419,900 +0.21% $75/sqft |
06/18/2026 Source: | Listed for Sale | $419,000 +5.01% $75/sqft |
06/18/2026 Source: | Off Market | $399,000 -4.77% $71/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 09, 2026, 02:30PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
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