7301 Harvard Avenue

Cleveland, OH 44105

Discover an exceptional investment at 7301 Harvard Ave, Cleveland, OH 44105, featuring a quadplex plus single-family home perfect for both seasoned investors seeking to bolster their portfolio with a high cash-flowing property and new investors looking to break into the market with a turnkey asset. Boasting 5, fully occupied income-producing units, this property generates $4,000 in gross monthly income ($48,000 annually), delivering robust cash flow and outstanding returns. With average monthly expenses of $1,400 (excluding mortgage), it yields a Net Operating Income of $31,200, equating to an impressive 10.5% cap rate and nearly a 20% cash-on-cash return. Located in a revitalizing Cleveland neighborhood with strong rental demand, this property benefits from proximity to public transit, amenities, and a healthcare-driven economy. Nearly all units have been updated within the last three years, featuring a solid brick structure and aluminum siding for easy maintenance and minimal compliance costs. The 5-unit configuration diversifies income, reduces vacancy risk. This low-maintenance, high-performing property promises immediate cash flow, long-term appreciation, and value-add potential through rent optimization or minor upgrades. Don’t miss this opportunity to own a turnkey gem in one of Ohio’s top real estate markets. Contact us today because this one won't stick around long.

Listing courtesy of John Currid of VSD Realty, LLC.



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