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8 Beds
4 Baths

$175,000

10413 Yale Avenue, Cleveland OH, 44108

Built in1918
Property typeMulti-family

Overview

Active

Listed Jun 8, 2026

Updated Jul 17

Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily asset with upside potential, this property checks the boxes: stable occupancy, strong current income, below-market rents, and room to increase returns over time. Offered at an attractive price point, this is an excellent opportunity to acquire a cash-flowing asset with built-in value-add potential.

$1,164/mo

Est. mortgage payment based on a $175,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5217220

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$2,871
Tax Frequency
Annually

Courtesy of Keller Williams Greater Metropolitan

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