4432 & 4438 Pearl Road are offered together as a portfolio — a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home — completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone. All 4 units are occupied with a professional property management company in place — just sit back and collect. Both properties are LEAD certified. Bonus: the basement at 4438 is framed, plumbed, and permit-ready for 1–2 additional units. Parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. Strong cash flow from day one at an 8.06% current cap rate, with a clear path to 10.01% at market rents.
For sale
$570,000
4432 Pearl Rd., Cleveland, OH 44109
12beds
--sqft
Est.:
Quadruplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All underground plumbing redoneBrand new flat roof
- 12 days |
- 562 |
- 27 |
Zillow last checked:
Listing updated:
Listing Provided by:
Chassity Miller 330-604-2363 chassity@octopodallc.com,
EXP Realty, LLC.
Source: MLS Now,MLS#: 5202283
Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Gas
Cooling
- Central Air
Features
- Basement: Full
Video & virtual tour
Property
Parking
- Parking features: On Site
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.4 Acres
Details
- Additional parcels included: 01207028,01207027
- Parcel number: 01207026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Metal Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: City View Allotment
Location
- Region: Cleveland
Financial & listing details
- Annual tax amount: $12,456
- Date on market: 4/17/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $570,000+208.1% |
Source: | ||
| 4/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/21/2023 | Listed for rent | $1,495-0.3% |
Source: Zillow Rentals Report a problem | ||
| 7/20/2019 | Listing removed | $1,500 |
Source: CENTURY 21 Lakeside Realty #4103409 Report a problem | ||
| 6/6/2019 | Listed for rent | $1,500 |
Source: CENTURY 21 Lakeside Realty #4103409 Report a problem | ||
| 5/4/2019 | Listing removed | $1,500 |
Source: CENTURY 21 Lakeside Realty #4089890 Report a problem | ||
| 4/24/2019 | Listed for rent | $1,500 |
Source: CENTURY 21 Lakeside Realty #4089890 Report a problem | ||
| 12/14/2018 | Sold | $185,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$3,851/mo
Principal & interest
$2939
Property taxes
$912
More affordability tools
Climate risks
Neighborhood: Old Brooklyn
Nearby schools
GreatSchools rating
- 3/10Charles A Mooney SchoolGrades: PK-8Distance: 0.3 mi
- 5/10Rhodes College and Career AcademyGrades: 2-3,6-12Distance: 0.6 mi
- 5/10Rhodes Schools of Environmental StudiesGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Ohio
- Cuyahoga County
- Cleveland
- 44109
- Old Brooklyn
- 4432 Pearl Rd.






