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For sale
  • $570,000

    4432 Pearl Rd., Cleveland, OH 44109

    12beds
    --sqft
    : 
    Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    All underground plumbing redoneBrand new flat roof
    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.
    12 days
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    562
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    27
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Chassity Miller 330-604-2363 chassity@octopodallc.com,

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5202283MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 5
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Gas
      Cooling
      • Central Air
      Features
      • Basement: Full
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      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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/17/2026Listed for sale$570,000+208.1%
        Source: MLS Now #5202283 Report a problem
        4/27/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/21/2023Listed for rent$1,495-0.3%
        Source: Zillow Rentals Report a problem
        7/20/2019Listing removed$1,500
        Source: CENTURY 21 Lakeside Realty #4103409 Report a problem
        6/6/2019Listed for rent$1,500
        Source: CENTURY 21 Lakeside Realty #4103409 Report a problem
        5/4/2019Listing removed$1,500
        Source: CENTURY 21 Lakeside Realty #4089890 Report a problem
        4/24/2019Listed for rent$1,500
        Source: CENTURY 21 Lakeside Realty #4089890 Report a problem
        12/14/2018Sold$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
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          Climate risks

          Neighborhood: Old Brooklyn

          Getting around

          80 / 100
          Very Walkable
          36 / 100
          Some Transit
          51 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

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