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$229,000
New Listing
5603 Hege AvenueCleveland, OH 44105
For Sale|Quadruplex|Active
7
Beds
4
Total Baths
4
Full Baths
2,714
SqFt
$84
/SqFt
1920
Built
County:
Cuyahoga
Call Now: (216) 978-7933
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(216) 978-7933



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Unbelievable investment opportunity! Turn-key, cash-flowing 4-plex featuring two separate duplexes situated on one single parcel. Generating $3,085 per month in gross rent, this property boasts a rare 10% Cap Rate. The heavy lifting has already been done with massive capital improvements completed within the past 6 years: complete electrical upgrade (fully rewired with new panels), all-new plumbing, new furnaces, new hot water tanks, a new roof on the front house, newer siding, and windows. Property is also LEAD CERTIFIED. Fully occupied by long-term, stable tenants on month-to-month leases, offering immediate steady cash flow from day one. Don't miss this insulated, low-maintenance portfolio builder.
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Listing Snapshot
Price
$229,000
Days On Site
0 Days
Bedrooms
7
Inside Area (SqFt)
2,714 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.1519 Acres
Year Built
1920
MLS Number
5256163
Status
Active
Property Tax
$2,184
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 18 hours ago | Listing first seen on site | |
| 18 hours ago | Listing updated with changes from the MLS |
General Features
Acres
0.1519
Direction Faces
South
Disclosures
Principal Is Real Estate Licensed
Levels
Two
Parking
Driveway
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Above
2714
Water Source
Public
Interior Features
Basement
FullUnfinished
Heating
Natural GasHot WaterSteam
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Exterior Features
Construction Details
Frame
Roof
AsphaltFiberglass
View
Neighborhood
Waterview
Neighborhood
Community Features
School District
Cleveland Municipal - 1809
Township
Cleveland
Financing Terms Available
CashConventionalPrivate Financing Available
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Daniel J Zembiak of Century 21 Homestar
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 held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
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 held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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