Active

$570,000

4432 Pearl Rd., Cleveland, OH 44109

12beds

--sqft

Est.: Get pre-qualified

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.

43 days

393

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 5
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Cooling

Central Air

Features

Basement: Full

Video & virtual tour

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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

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/17/2026	Listed for sale	$570,000+208.1%
Source: MLS Now #5202283 Report a problem
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

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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