4019 Newark Avenue
Cleveland, OH 44109
8
Bed
4
Bath
0.10Acre(Lot)
Investors, this one is priced to sell and ready to produce income from day one. This turnkey quadplex sits in the heart of Clark Fulton, one of Cleveland's most active investment corridors, and offers a rare mix of immediate cash flow and upside. One unit is currently occupied by a long term tenant on a lifelong housing voucher, generating a reliable $1,120 per month at 100% voucher coverage, meaning guaranteed rent with no vacancy risk on that unit. The remaining three units, a spacious 3 bedroom, a 1 bedroom, and a 2 bedroom, are all vacant and rent ready, giving a new owner the flexibility to place tenants immediately at full market rent or explore other rental strategies. With one unit already cash flowing and three more ready to lease right away, this property offers a fast path to
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Unfinished -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.1004 Acres Lot Size Acres: 0.1004 Lot Size Source: AssessorProperty Information
Subdivision: Rhodes Gartnell & Barbers All Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $299900
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Tax Information
Parcel Number: 007-29-112 Tax Year: 2025 Annual Tax: $8823.5 Tax Legal Desc: 54 RHB&S 0188 WP
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Parking Information
Off Street
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Location Information
Direction: N on W 41st, E on Newark WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3124 W 11th Place, Cleveland, OH, 44109 | $189,900 | 4 | 2 | 2,596 | 2,596 SqFt |
| 3702 W 15th Street, Cleveland, OH, 44109 | $380,000 | 7 | 4 | 3,524 | 3,524 SqFt |
| 3688 W 15th Street, Cleveland, OH, 44109 | $269,000 | 6 | 3 | 2,871 | 2,871 SqFt |
| 3174 W 14th Street, Cleveland, OH, 44109 | $399,000 | 5 | 2 | 4,484 | 4,484 SqFt |
| 4270 Valley Road, Cleveland, OH, 44109 | $249,900 | 6 | 3 | 2,384 | 2,384 SqFt |
| 3290 W 17th Street, Cleveland, OH, 44109 | $237,500 | 5 | 2 | -- | |
| 2101 Denison Avenue, Cleveland, OH, 44109 | $375,000 | 5 | 3 | -- | |
| 1820 Holmden Avenue, Cleveland, OH, 44109 | $349,900 | 6 | 3 | 3,198 | 3,198 SqFt |
| 1902 Rowley Avenue, Cleveland, OH, 44109 | $70,000 | 4 | 2 | 1,828 | 1,828 SqFt |
| 2406 Searsdale Avenue, Cleveland, OH, 44109 | $185,000 | 4 | 2 | 2,616 | 2,616 SqFt |
Similar Multifamily To 4019 Newark Avenue
Nearby For Sale
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 are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
ByOwner last updated this listing 08/26/2026 @ 22:29
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