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!
For sale
Price cut: $16K (12/6)
$459,000
7507 Lawnview Ave, Cleveland, OH 44103
12beds
6,424sqft
Est.:
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
- 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#: 5155900
Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
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
Video & virtual tour
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2025 | Price change | $459,000-3.4%$71/sqft |
Source: | ||
| 11/20/2025 | Price change | $475,000-3%$74/sqft |
Source: | ||
| 11/12/2025 | Listed for sale | $489,900$76/sqft |
Source: | ||
| 11/10/2025 | Pending sale | $489,900$76/sqft |
Source: | ||
| 11/10/2025 | Listed for sale | $489,900$76/sqft |
Source: | ||
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
- 3/10Wade ParkGrades: PK-8Distance: 0.2 mi
- 6/10John Hay School Of Architecture & DesignGrades: 9-12Distance: 1.5 mi
- 4/10Mary B Martin SchoolGrades: PK-8Distance: 0.5 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.
- Loading
- Loading





