8-Unit Investment Opportunity – 437–439 Cleveland Ave
Excellent opportunity to add an 8-unit income-producing property to your portfolio. This property offers a unique unit mix designed for efficient operation and strong rental demand.
Two units are full one-bedroom apartments, each featuring a private kitchen and full bathroom. These apartments have their own heating systems and separately metered electric.
The remaining six units each feature a private bedroom and private kitchen, with access to a shared common-area full bathroom. These units also pay their own electric and heat, helping keep owner-paid utility expenses to a minimum.
The property has been updated throughout the past several years, with improvements including electrical, plumbing, flooring, and other interior and building upgrades. The units have historically experienced strong rental demand, making this an attractive opportunity for an investor looking for an established multifamily property.
8 total units • 2 full one-bedroom apartments with private baths • 6 additional units with private kitchens and bedrooms • Separately paid electric and heat • Numerous updates throughout • Strong rental demand • Income-producing investment opportunity
Contact listing agent for additional financial information, rent roll, and property details.
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Listing Snapshot
Price
$549,900
Days On Site
12 Days
Bedrooms
2
Inside Area (SqFt)
3,900 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
1900
MLS® Number
PAYK2112236
Status
Active
Property Tax
$2,651
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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