6128 Lausche AVE, Cleveland, OH 44103
6128 Lausche AVE, Cleveland, OH 44103
6128 Lausche AVE, Cleveland, OH 44103
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$315,000
Est. payment /mo
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9 Beds
4 Baths
3,140 SqFt
New

6128 Lausche AVE Cleveland, OH 44103

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Key Details

Property Type Single Family Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $100

Subdivision Glass

MLS Listing ID 5225105

Bedrooms 9

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,140

Total Fin. Sqft 3140

Year Built 1900

Annual Tax Amount $8,085

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

**Investor Opportunity: 6128 Lausche Ave, Cleveland, OH 44103**

Unlock exceptional income potential with this spacious quadraplex, ideally situated at 6128 Lausche Ave in the heart of Cleveland. This rare find features a total of nine bedrooms and four bathrooms and is perfectly tailored for the savvy investor seeking strong rental returns. Currently, two units are occupied, providing immediate cash flow, while two units are vacant, offering the flexibility to place tenants of your choice or make improvements to maximize rental income. According to CMHA small area fair market rent payment standards, the potential rental rates are highly attractive: $1,005 for a 1-bedroom, $1,209 for a 2-bedroom, $1,559 for a 3-bedroom, and $1,661 for a 4-bedroom. These competitive rents can help you achieve impressive gross annual returns. The property comes with a lead paint certificate on file, simplifying the leasing process and ensuring compliance with local regulations. The quadraplex configuration not only boosts your revenue opportunities but also diversifies your rental portfolio, reducing vacancy risk. Located minutes from downtown Cleveland, major employers, public transportation, and community amenities, this property is appealing to a wide range of tenants. Don't miss this chance to acquire a high-demand, income-producing asset in a growing rental market. Whether you're expanding your real estate portfolio or seeking your first multifamily investment, 6128 Lausche Ave delivers value, stability, and upside potential.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway, Gravel

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 104-13-056


VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Jennifer M Hite • Howard Hanna • jenniferhite@howardhanna.com, 440-864-4844

Nearby Locations

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Andrew Brenner

Andrew Brenner

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+1(740) 816-9339

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6128 Lausche AVE