LKV Realty
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$175,000
$900Reward *
10413 Yale Avenue, Cleveland, OH 44108Listing ID 5217220

10413 Yale Avenue, Cleveland, OH 44108

Active
Low & Edwards
Time on site: 69 daysLast updated: Jul 17, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Acres
Acres
0.14
Days on Site
Days on Site
68
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1918
Stories
Stories
2
Parking
Parking
None

Investor opportunity! This fully occupied four-unit property offers immediate cash flow with below-market rents totaling $2305, creating a compelling value-add opportunity for investors seeking both current income and future growth. With current operations generating an approximate 11.5% cap rate based on existing rents and known expenses, this property provides strong in-place returns from day one. As units turn over, investors have the opportunity to renovate and bring rents closer to market levels, potentially increasing cash flow and overall property value. Whether you're looking to expand an existing portfolio or acquire a multifamily asset with upside potential, this property checks the boxes: stable occupancy, strong current income, below-market rents, and room to increase returns over time. Offered at an attractive price point, this is an excellent opportunity to acquire a cash-flowing asset with built-in value-add potential.

Property Information

Property Details

Location

Address
10413 Yale Avenue
County
Cuyahoga
City
Cleveland
Zip Code
44108
Subdivision
Low & Edwards
School District
Cleveland Municipal - 1809

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
4

Building

Building Information

Year Built
1918
Stories
2
Construction
Brick
Roof
Flat

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$2,871
Tax Year
2025
Keller Williams Greater Metropolitan, (216) 839-5500

Market Report for 44108

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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