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7507 Lawnview Avenue

Cleveland, OH 44103
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Bed 12

Bed

Bath 4

Bath

SqFt5,624

Sqft

Acres0.22

Acre(Lot)

Discover an exceptional value-add investment opportunity at 7507 Lawnview Avenue! This four-unit property features a desirable side-by-side, townhome-style layout, giving residents added privacy and the feel of a single-family home. Each spacious unit offers 3 bedrooms, 1 full bathroom, two levels of living space, a private basement, and separate front and rear entrances. Two units are currently generating income: Unit 4 rents for $1,640 per month through Section 8, and Unit 3 rents for $1,100 CASH per month. The two vacant units allow the next owner to complete improvements, place tenants at market rent, and quickly increase cash flow. With estimated market rents of $1,600+ per unit, the property offers potential gross rental income exceeding $6,000 per month when fully improved and occupied. This is an outstanding opportunity to acquire a high-upside multifamily asset, increase rents, build equity, and create a true cash-flow powerhouse in a high investment and new construction area.

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Detail Ic Property Details

Property Type : Residential Income

Price : $375,000

AD Id : 91272624

MLS Id : 5245178

Beds : 12

Lot Size : 0.22 Acre

Living Area Size : 5,624 Sq. Ft

Tax Amount : $5,216

Year Built : 1910

County : Cuyahoga

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    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: $375000

  • Tax Information

    Parcel Number: 106-11-063 Tax Year: 2025 Annual Tax: $5216 Tax Legal Desc: 342 S&G S/L 37 ALL 0038 ALL 10611064

  • Parking Information

    On Street

  • Location Information

    Direction: Off Addison Rd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2216 E 82nd Street, Cleveland, OH, 44103 $200,000 5 2 1,620 0.09 Acre
2200 E 81st Street, Cleveland, OH, 44103 $179,900 6 2 2,698 0.09 Acre
8311 Decker Avenue, Cleveland, OH, 44103 $175,000 5 3 2,802 0.09 Acre
1333 E 82nd Street, Cleveland, OH, 44103 $119,900 4 2 -- 0.13 Acre
1345 E 82nd Street, Cleveland, OH, 44103 $132,000 6 2 -- 0.13 Acre
8206 Crumb Avenue, Cleveland, OH, 44103 $109,900 4 2 -- 0.08 Acre
920 Wheelock Road, Cleveland, OH, 44103 $179,900 6 3 3,640 0.11 Acre
942 E 79th Street, Cleveland, OH, 44103 $100,000 4 2 1,926 0.10 Acre
7609 Superior Avenue, Cleveland, OH, 44103 $399,000 10 4 4,098 0.10 Acre
1065 E 77th Street, Cleveland, OH, 44103 $132,499 4 2 2,976 0.05 Acre

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 09/17/2026 @ 22:50

MLS: 5245178 LISTED BY: Mark Colucci, Keller Williams Citywide 440-892-2211 SOURCE: MLS Now

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