Under Contract

889 E 143rd Street

Cleveland, OH 44110
Mark as Favorite
Bed 8

Bed

Bath 4

Bath

SqFt5,700

Sqft

Acres0.12

Acre(Lot)

Value-Add 4-Unit with Major Capital Improvements Already Completed! Located just south of the growing Collinwood Arts District, 889 E 143rd offers investors the opportunity to increase cash flow where many of the major expenses have already been addressed. This 4-unit building consists of 2-bedroom units tenants and 1 vacant unit ready for light cosmetic updates. Current rents include Unit 2 at $475/month plus $50 water reimbursement and Unit 4 at $800/month, leaving significant room for future rental growth once stabilized. Unit 3 has already been cleaned out and can be turned quickly with minor updates.Recent improvements include a brand-new roof (2025), all new windows in Unit 3 (2025), all hot water tanks replaced (2026), serviced furnaces in strong working condition (2026), and cleane d-up electrical. The owner has also invested thousands into pest-proofing the property following concerns from Unit 4. Market rents are around $950 which produces a 15% cap rate once all units are renovated. Located near the shops, restaurants, galleries, and nightlife of the Collinwood Arts District—including local favorite Six Shooter Coffee—and minutes from Euclid’s major waterfront redevelopment project improving public access to Lake Erie, this property offers both immediate upside and long-term neighborhood growth potential. Create value with some minor updates or even house hack and live in one of the units, either way- this is a great investment. Please note: the seller is not offering seller financing.

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Detail Ic Property Details

Property Type : Residential Income

Price : $175,000

AD Id : 78028251

MLS Id : 5207661

Beds : 8

Lot Size : 0.12 Acre

Living Area Size : 5,700

Year Built : 1926

County : Cuyahoga

Subdivision: Elmwood Park

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1926 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1221 Acres Lot Size Acres: 0.1221 Lot Size Source: Appraiser

    Property Information

    Subdivision: Cowles Brooks & Smyth Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 100

  • Listing Price Information

    Listing Price: $175000

  • Tax Information

    Parcel Number: 115-02-023 Tax Year: 2025 Annual Tax: $4004.14 Tax Legal Desc: 1-2 CB&S 0113 ALL

  • Parking Information

    Driveway

  • Location Information

    Direction: North of St Clair. WaterSource: Public
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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 06/08/2026 @ 01:13

MLS: 5207661 LISTED BY: Erin Thomas, Keller Williams Living 440-318-1620 SOURCE: MLS Now

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