Active

6538 Newman Avenue

Cleveland, OH 44127

$215,000 $906/Mo

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Overview

Bed

Bath

4,752

Sqft

0.15

Acre(Lot)

Description

NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you’re an investor looking to expand your portfolio or seeking a value-add opportun ity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.

Property Details

Property Type : Residential Income

Price : $215,000

AD Id : 77513882

MLS Id : 5201565

Beds : 8

Lot Size : 0.15 Acre

Living Area Size : 4,752

Year Built : 1915

County : Cuyahoga

Subdivision: Magnolia Place

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass
Heating & Cooling

Has Heating: Yes Heating: Forced Air Cooling: None

Building Information

Year Built: 1915 Construction Materials: Brick, Vinyl Siding Private Pool: No

Lot Information

Main Square Feet: 0.1527 Acres Lot Size Acres: 0.1527 Lot Size Source: Assessor

Property Information

Subdivision: Newman Source Property Type: Residential Income Property SubType: Quadruplex Levels: Three Or More Property Age: 111

Listing Price Information

Listing Price: $215000 Original Price: $220000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 125-12-072 Tax Year: 2025 Annual Tax: $6060 Tax Legal Desc: 326 NEWMAN 0018 ALL

Parking Information

Driveway

Location Information

Direction: Take the exit toward Transportation Blvd / Granger Rd from I-480 Merge onto Transportation Blvd and continue north Turn right onto Granger Rd Continue on Granger Rd for about 2–3 miles Turn left onto E 71st St Drive north on E 71st St for about 1 mile Turn right onto Harvard Ave Continue on Harvard Ave briefly Turn left onto E 65th St Proceed north a short distance Turn right onto Newman Ave Continue to 6538 Newman Ave, which will be on your right WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3359 E 65th Street, Cleveland, OH, 44127	$199,000	7	3	2,016	2,016 SqFt
5678 Hamlet Avenue, Cleveland, OH, 44127	$99,000	5	3	1,888	1,888 SqFt
6006 Maurice Avenue, Cleveland, OH, 44127	$140,000	4	2	2,040	2,040 SqFt

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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 06/18/2026 @ 05:09

MLS: 5201565 LISTED BY: Cliff Louis, Keller Williams Greater Metropolitan 216-839-5500 SOURCE: MLS Now