3525 Dawning Avenue, Cleveland, OH

High-yield investment opportunity in Old Brooklyn with clear value-add upside. This property delivers dependable rental income today with multiple paths to increased returns. Working on CMHA approval for 1150 for lower unit which is currently at 875. Upper unit rented for 975.The home features a functional layouts, solid mechanicals, and a full basement ideal for storage or future conversion. The exterior offers a manageable yard, off-street parking, and a low-maintenance footprint that keeps operating costs down.Investors will appreciate the strong rental demand, ability to increase total monthly income amount, as well as the ability to boost NOI through cosmetic updates, improved finishes, or strategic repositioning. Located minutes from shopping, parks, public transit, and major commuter routes, this property sits in one of Cleveland’s most consistent rental corridors—making tenant retention and long-term cash flow highly achievable.Whether you’re adding to a portfolio or executing a BRRRR strategy, 3525 Dawning Ave. offers immediate stability with room to grow. Can be sold individually or bundled together with 3029-3031 W. 104th as a package deal!