Pending

7507 Lawnview Avenue

Cleveland, OH 44103
Mark as Favorite
Bed 12

Bed

Bath 6

Bath

SqFt6,424

Sqft

Acres0.22

Acre(Lot)

RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:     •    7507 – $1,400     •    7509 – $1,385     •    7511 – $1,250     •    7513 – $1,640 That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights:     •    Four side-by-side 3-bedroom townhome units     •    Private basements & dual entrances for every unit     •    Renovated interiors with LVP & granite finishes     •    Multiple newer furnaces & key upgrades completed     •    Fully rented, strong Section 8 tenancy     •    Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!

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Detail Ic Property Details

Property Type : Residential Income

Price : $419,000

AD Id : 67385787

MLS Id : 5155900

Beds : 12

Lot Size : 0.22 Acre

Living Area Size : 6,424

Year Built : 1910

County : Cuyahoga

Subdivision: West Kemah

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 4 Half Baths: 2

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1910 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.2195 Acres Lot Size Acres: 0.2195 Lot Size Source: Assessor

    Property Information

    Subdivision: Simpson & Goakes Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 116

  • Listing Price Information

    Listing Price: $419000 Original Price: $499900

  • Tax Information

    Parcel Number: 106-11-063 Tax Year: 2024 Annual Tax: $5373 Tax Legal Desc: 342 S&G S/L 37 ALL 0038 ALL 10611064

  • Parking Information

    On Street

  • Location Information

    Direction: Off E 71st St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1333 E 82nd Street, Cleveland, OH, 44103 $125,000 4 2 4,271 4,271 SqFt
1345 E 82nd Street, Cleveland, OH, 44103 $139,900 6 2 --
1346 E 82nd Street, Cleveland, OH, 44103 $139,000 6 3 --
8206 Crumb Avenue, Cleveland, OH, 44103 $135,000 4 2 --
7705 Star Avenue, Cleveland, OH, 44103 $119,500 5 2 2,254 2,254 SqFt
7608 Lawnview Avenue, Cleveland, OH, 44103 $223,000 6 2 4,739 4,739 SqFt
920-924 E 79th Street, Cleveland, OH, 44103 $69,999 4 2 2,340 2,340 SqFt
7609 Superior Avenue, Cleveland, OH, 44103 $399,000 10 4 4,098 4,098 SqFt
987 E 78th Street, Cleveland, OH, 44103 $75,000 6 2 1,792 1,792 SqFt
1214 E 74th Street, Cleveland, OH, 44103 $89,900 4 2 --

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 06/16/2026 @ 09:23

MLS: 5155900 LISTED BY: Mark Colucci, Keller Williams Citywide 440-892-2211 SOURCE: MLS Now

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