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For Sale Quadruplex

4432 Pearl Road, Cleveland, OH

4432 Pearl Road, Cleveland, OH, 44109
$570,000

Property Details

6 Bedrooms
2 Bathrooms
Quadruplex

Description

4432 & 4438 Pearl Road are offered together as a portfolio — a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home — completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone. All 4 units are occupied with a professional property management company in place — just sit back and collect. Both properties are LEAD certified. Bonus: the basement at 4438 is framed, plumbed, and permit-ready for 1–2 additional units. Parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. Strong cash flow from day one at an 8.06% current cap rate, with a clear path to 10.01% at market rents.

Property Information

Address 4432 Pearl Road
City Cleveland
State OH
Zip Code 44109
Price $570,000
Property Type Residential Income
Listing Type Quadruplex
Bedrooms 6
Bathrooms 2

Location

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