4600 Division Avenue, Cleveland, OH 44102

Property Description

Calling all investors! This 9-unit mixed-use brick building offers a strong opportunity to expand your portfolio with 7 residential apartments & 2 retail units, providing multiple income streams & value-add potential. The range of apartment sizes & storefronts gives owners flexibility in leasing strategies. The residential mix includes four 3-bedroom units, two 2-bedroom units & one 1-bedroom unit. The property also features a brick exterior, rear parking lot & full basement with laundry hookups. The building is near-turnkey, with minor rent-ready work noted in Units 1, 2 & 3. Interior highlights include LVP flooring in select units, including throughout Unit 4, younger kitchen cabinets in Units 1, 3 & 6, updated bathroom vanities across multiple units & original hardwood flooring in Units 3 & 5, plus the living room of Unit 2. Other features include younger tubs with ceramic surrounds in Units 2 & 6, balcony access in Unit 6, a walk-in closet in Unit 7 & engineered hardwood flooring in Retail Unit 9. Individual electric & gas meters, furnaces & hot water tanks support independent utility management. Updates include plumbing beneath kitchen sinks in Units 6 & 8, younger electrical components in Unit 8 & updated electrical in Retail Unit 9. The original cast-iron main stack remains in the basement. Approximately 15 minutes from Downtown Cleveland, this property offers convenient access to major highways & commuter routes, shopping, dining & employment centers. Nearby Garfield Park Reservation features scenic walking & biking trails, picnic areas & outdoor recreation. Schools, neighborhood parks & everyday amenities further support tenant appeal. Don’t miss this mixed-use investment opportunity in Cleveland! With a versatile unit mix, existing improvements, separate utilities & potential for rental income growth, this property offers long-term investment appeal. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.