7917 Linwood Avenue
Cleveland, OH 44103
- 8 beds
- 4 baths
- – sqft
- 4,761 sqft lot
- 1900 build
- – on site
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Prime Investment Opportunity: Fully Occupied Four-Plex Near Cleveland Clinic & University Hospital Attention investors! Don’t miss out on this exceptional investment property located in one of Cleveland’s most desirable rental markets. This fully occupied four-plex is situated in the heart of a high-demand area, just minutes away from two of the city’s largest economic drivers: Cleveland Clinic and University Hospitals. With a strong, consistent rental history and a prime location, this property is a rare find in a neighborhood where vacancies are virtually nonexistent. Location, Location, Location Nestled between major healthcare institutions, universities, and a bustling urban core, this property guarantees tenant demand year-round. Whether it’s professionals working at the Cleveland Clinic, medical students, or university staff, the proximity to top-tier facilities ensures a steady stream of qualified tenants. You’re also near downtown Cleveland, offering easy access to cultural attractions, entertainment, fine dining, and shopping. Public transportation is readily available, with nearby bus routes and rapid transit stations connecting tenants to the greater Cleveland area. For those commuting by car, major freeways like I-90, I-71, and I-77 are only minutes away, making it convenient to get anywhere in the city and beyond. Why This Four-Plex? • Fully occupied units with strong cash flow and low turnover. • The property is in a highly desirable area known for steady rental income. • Located near two of the nation’s top medical centers, ensuring long-term demand. • Invest with confidence in a property that is already delivering a healthy return and has room for future rent growth, given the premium location.
Last checked:
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Last updated Dec 12, 2024
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MLS# 5075734 —
The Building
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Year Built:1900
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Year Built Source:PublicRecords
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Construction Materials:Brick,Concrete,WoodSiding
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Levels:Two
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Stories:2
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Roof:Composition,Shingle,Wood
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Basement:CommonBasement,ExteriorEntry,Full,InteriorEntry,Concrete,WalkOutAccess
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Basement:true
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# of Buildings:1
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:From I-90 East or West: 1. Take Exit 169 for E 55th St. 2. Merge onto E 55th St heading south. 3. Continue on E 55th St for about 1.5 miles. 4. Turn right onto Superior Ave. 5. Continue for about 0.7 miles, then turn left onto E 79th St. 6. Drive for 0.5 miles and turn right onto Linwood Ave. 7. The destination, 7917 Linwood Ave, will be on your left.
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Latitude:41.512178
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Longitude:-81.632859
The Property
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Parcel Number:106-21-016
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.1093
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Lot Size Area:0.1093
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Fencing:ChainLink,FrontYard,Gate
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 333-2245
- Office phone:
- (866) 212-4991
Taxes
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Tax Year:2023
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Tax Legal Description:391 WADE #3 0003 ALL
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Tax Annual Amount:$2,003
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:HotWater,Steam
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:J H Wade Allotment
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Community Features:LaundryFacilities
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:4.0
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Carport:false
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Parking Features:Detached,Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/29/24
Nov 29, 2024
|
Pending | MLS_NOW | $220,000 | 5.5% |
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11/22/24
Nov 22, 2024
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Sold | MLS_NOW | $208,500 |
