1852-1854 W 45th Street, Cleveland, OH 44102
$400,000
Bedrooms: 6
Bathrooms: 4
Number of Units:
Type:
Multi-Unit Residential
Listing #5234492
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This quadruplex is offering an outstanding investment opportunity, ideal for investors seeking immediate cash flow with additional upside! The building features 2 units with 2-beds, 1-bath and 2 units with 1-bed, 1-bath, each with its own private entrance, functional layout, generous living areas, and dedicated laundry hookups. Updated vinyl windows, vinyl siding, newer plumbing improvements, and several modern interior finishes help minimize maintenance while increasing long-term tenant appeal. One unit is already occupied, generating $1,175 per month on a 12-month lease, while the remaining three vacant units provide an excellent opportunity to increase rental income through lease-up or value-add improvements. Interior updates throughout include younger kitchens, updated bathrooms, LVP flooring throughout, modern lighting, and updated plumbing fixtures. The property also benefits from separately metered gas and electric utilities, updated PVC, newer hot water tanks, and younger furnaces. The basement offers additional storing space and value add potential. Conveniently located on Cleveland's west side, the property is just minutes from MetroHealth Medical Center, Wendy Park, Edgewater Park, Ohio City, Gordon Square Arts District, Downtown Cleveland, major highways, shopping, restaurants, schools, public transportation, and countless local amenities, making it an attractive option for a wide variety of tenants. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Whether you're looking to expand your portfolio, generate immediate rental income, or capitalize on the lease-up potential of three vacant units, this property offers the size, flexibility, and upside to become a strong long-term investment. Schedule your showing! No wholesalers. No Seller financing. No low ball offers.
Property Features
County:
Cuyahoga
Latitude:
41.48292
Longitude:
-81.717937
Subdivision:
Benedict & Root Allotment
Directions:
Off Franklin Blvd, between W 44th St and W 46th St.
Full Baths:
4
Heating:
Forced Air
Cooling:
Central Air
Laundry:
In Basement
Appliances:
Washer
Basement Description:
Full
Has Basement:
Yes
Stories:
2
Construction/Exterior:
Aluminum Siding, Vinyl Siding
Possession:
Delivery Of Deed
Water / Sewer:
Public Sewer
Water:
Public
Parking Description:
Driveway, Off Street
Has Garage:
No
Lot Size in Acres:
0.152
Buildings:
1
Has Waterfront:
No
Roof/Attic:
Asphalt, Shingle
Property Type:
RI
Property SubType:
Quadruplex
Property SubType 2:
Residential Income
Year Built:
1900
Status:
Active
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Listing courtesy of RE/MAX Haven Realty 440-519-3100
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The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than RE/MAX Haven Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
MLS Now (Yes MLS) data last updated at August 6, 2026, 8:33 PM ET
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