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For sale
  • Price cut: $16K (12/6)
    $459,000

    7507 Lawnview Ave, Cleveland, OH 44103

    12beds
    6,424sqft
    : 
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $71/sqft
    $-- HOA

    What's special

    Major mechanical updatesFront and back entrancesMultiple newer furnacesGranite countertopsPrivate basementModern lvp flooringFull upstairs
    RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675:     •    7507 – $1,400     •    7509 – $1,385     •    7511 – $1,250     •    7513 – $1,640 That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights:     •    Four side-by-side 3-bedroom townhome units     •    Private basements & dual entrances for every unit     •    Renovated interiors with LVP & granite finishes     •    Multiple newer furnaces & key upgrades completed     •    Fully rented, strong Section 8 tenancy     •    Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!
    90 days
    |
    3,151
    |
    212
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 06, 2025 at 09:00am

    Listing Provided by:

    Mark A Colucci 440-590-5219 markcolucci@kw.com,

    Keller Williams Citywide

    Source: MLS Now,MLS#: 5155900MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 6,424
    • Total interior livable area: 6,424 sqft
    • Finished area above ground: 6,424
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    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,561.42 Square Feet
    Details
    • Parcel number: 10611063
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Simpson & Goakes
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $71/sqft
    • Annual tax amount: $5,373
    • Date on market: 9/11/2025
    • Cumulative days on market: 72 days
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/6/2025Price change$459,000-3.4%$71/sqft
    Source: MLS Now #5155900 Report a problem
    11/20/2025Price change$475,000-3%$74/sqft
    Source: MLS Now #5155900 Report a problem
    11/12/2025Listed for sale$489,900$76/sqft
    Source: MLS Now #5155900 Report a problem
    11/10/2025Pending sale$489,900$76/sqft
    Source: MLS Now #5155900 Report a problem
    11/10/2025Listed for sale$489,900$76/sqft
    Source: MLS Now #5155900 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $3,128/mo
    Principal & interest
    $2225
    Property taxes
    $742
    Home insurance
    $161

      Climate risks

      Neighborhood: Hough

      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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