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FULLY OCCUPIED bringing in $2280 per month!! This is a solid $119,000

656 E 106th Street, Cleveland, OH 44108

4 br, 4.0 ba, 1920 5169 sf
Cuyahoga County
Ad #: 6943806

Lake Home Sale Pending near Lake Erie - Cuyahoga County

FULLY OCCUPIED bringing in $2280 per month!! This is a solid all-brick four-unit property in Cleveland's up-and-coming east side that has four spacious 1-bedroom, 1-bath apartments approximately 860 sq ft each. Separate tenant paid utilities and long-term renters in place makes this property a slam dunk. The units are all in good condition and cared for well by the tenants. They are all currently on year leases which are up for renewal in March of 2026. Tenants pay their own utilities- Owner covers water, sewer, community electric, and landscaping. Recent gross annual income is approximately $30,057 with potential for increased rents as leases renew! The property offers a full basement with shared laundry, on-street parking, and classic Cleveland architecture built to last. Major updates include a brand new roof, 2 newer hot water tanks, and some new windows. Located near major employers, public transit, and the University Circle corridor, this quadplex provides stable cash flow and solid long-term upside. Perfect addition to your rental portfolio or as a first investment property. Contact listing agent for a link to view all interior photos and videos of units!

Property Details

  • Beds: 4
  • Baths: 4.0
  • Sq Feet: 5169
  • Year Built: 1920
  • Location: Lake Erie - Cuyahoga County
  • Acres: 0.148
  • County: Cuyahoga County
  • Community: Frederick G Hanks
  • Heat/AC: Forced Air
  • Garage: On Street
  • Siding: Brick
  • Roof: Composition
  • Stories: 2
  • Property Taxes: $3,997
  • MLS #: 5164463

Location

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Contact Information:

Contact Agent
Listing Agent: Christine Revay, Real Brokerage Technologies, 440-376-4181, 855-450-0442 Listing Site, Listing Status: Pending
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home Sale Pending in Cleveland, Ohio
Ad Number : 6943806
Viewed: 2 times
Added: Oct 29, 2025
Updated on: Oct 29, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.