Vision Sales Team

8201 Madison Avenue

Cleveland , OH 44102

MLS#: 5031904

$430,000

Status: Closed
Listing number: 5031904
Listing provided by: Russell Real Estate Services
Listing agent phone: None
Last update: 1 year, 2 months ago
On site: 1 year, 8 months ago
Browse Properties
Taylor - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1918

Sq.Footage

N/A

Introducing a promising investment opportunity in the up-and-coming "West 80’s" neighborhood, adjacent to Edgewater in Detroit Shoreway on Cleveland's west side! This all-brick 6-unit property offers individual furnaces and hot water tanks, along with updated electrical panels for added convenience and efficiency. Currently, two units await light turns to make them rent-ready, mainly requiring flooring and minor touch-ups. With four units already occupied, the property collects a total gross monthly rent of $3,190. However, upon full occupancy at market rents, the potential monthly income could soar to $6,000. Each unit features a comfortable 2-bed/1-bath layout, ensuring broad appeal to prospective tenants. Notable updates include the replacement of all six water tanks within the last five years and the recent replacement of two furnaces, with the remaining four furnaces in satisfactory working condition. Don't miss the chance to capitalize on this opportunity in a neighborhood on the rise, offering both immediate returns and long-term potential for growth!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1644

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $430,000

  • Tax Amount

    7340.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Tal Tamir , Russell Real Estate Services

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Austin Lape

AGENT

Austin Lape

Call Austin today to schedule a private showing.

(330) 808-6162

Austin@VisionSalesTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Introducing a promising investment opportunity in the up-and-coming "West 80’s" neighborhood, adjacent to Edgewater in Detroit Shoreway on Cleveland's west side! This all-brick 6-unit property offers individual furnaces and hot water tanks, along with updated electrical panels for added convenience and efficiency. Currently, two units await light turns to make them rent-ready, mainly requiring flooring and minor touch-ups. With four units already occupied, the property collects a total gross monthly rent of $3,190. However, upon full occupancy at market rents, the potential monthly income could soar to $6,000. Each unit features a comfortable 2-bed/1-bath layout, ensuring broad appeal to prospective tenants. Notable updates include the replacement of all six water tanks within the last five years and the recent replacement of two furnaces, with the remaining four furnaces in satisfactory working condition. Don't miss the chance to capitalize on this opportunity in a neighborhood on the rise, offering both immediate returns and long-term potential for growth!

8201 Madison Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

BUSINESS ONLY FOR SALE BUILDING LEASE IS 6000.00 The Brothers Lounge, located at 11609 Detroit Avenue in Cleveland, Ohio, has been a Cleveland landmark since 1959. Founded by Fred and Ed Sabath, The Brothers Lounge is the oldest music club in Cleveland. It was known for its quality ethnic foods, and great jazz and blues music. The Brothers Lounge has seen on its stage national performers such as BB King, Bonnie Raitt, Buddy Guy, and Anton Figg (drummer for Dave Letterman), to name a few. It was the place where national performers could feel at home and mix with Cleveland's "local talent." American blues legend Robert Lockwood, Jr. started performing regularly at The Brothers Lounge in 1977 and continued to do so until 1990. In 2004, the current owner, bought the building and contents with the goal of resurrecting The Brothers Lounge as a Cleveland landmark. Owner masterfully renovated the space, utilizing every square inch to its highest and best use, employing top-of-the-line materials and unparalleled craftsmanship, and equipping it with state-of-the-art sound & security technology, all while meticulously preserving the club's original character and inimitable charm. 5035948 Building for sale!
#5035922

Cleveland

11609 Detroit Avenue

None Beds

None Baths

4,800 Sq.Ft.

$350,000

MLS#: 5035922

Investment Portfolio Opportunity – 4-Property Package Deal Outstanding opportunity to acquire a 4-property Cleveland investment portfolio offering a balance of immediate income, strong upside, and motivated seller terms. This package includes a mix of single-family and multi-family assets, all located in proven rental submarkets with solid Section 8 and EDEN program performance. The seller has proactively completed inspections on all four properties, providing transparency and confidence for investors. The list price already accounts for full renovation of 2221 E 76th and updates across the other three properties — positioning the portfolio to deliver 8–12% cap rates at both 75% and 90% of HUD FMR rent levels. Property Highlights: 3799 E 54th St, Cleveland OH 44105 Parcel 132-10-110 | (2) 2-Bedroom Units Fully occupied at $1,350/month — above 75% market rent. Turnkey income with limited deferred maintenance. 5806 Fleet Ave, Cleveland OH 44105 Parcel 132-12-008 | (4) Units – 3BD, 2BD, 1BD + Office Mix-use building with residential and office space. Strong rental potential and value-add options through cosmetic and rent-rate improvements. 2221-2223 E 76th St, Cleveland OH 44103 Parcel 118-26-068 | (1) Single-Family 4BD + (1) Duplex (2 × 2BD units) 2223 E 76th last occupied end of 2024 at $1,500/month (EDEN rents). 2221 E 76th duplex requires full rehab — included in list price assumptions. Package Summary: (4) Total Properties | (8+) Units | Mixed Residential Use Pro Forma Cap Rates 8–12% based on 75–90% FMR rents This is a rare chance to secure a turnkey + value-add hybrid portfolio in one transaction. Perfect for investors seeking immediate returns with long-term upside in stable Cleveland rental markets.
#5162695

Cleveland

3799 E 54th Street

None Beds

None Baths

N/A

$385,000

MLS#: 5162695

Great opportunity on a busy Cleveland corridor! This multi-building property offers a total of over 11,000 SF across three separate buildings plus outdoor lot space, perfect for a used car lot, auto repair, detailing, or other service business. All buildings are slab-on-grade, unit-heated with solid block or brick exteriors. Flat composition roofs, functional layouts, and room to customize. Lot offers excellent street visibility with plenty of space for vehicle display, customer parking, or yard use. Located between St. Clair Ave and Waterloo Rd, this site benefits from heavy traffic counts and strong neighborhood visibility. Perfect for an owner-user or investor looking to expand automotive sales, repair, or light industrial operations in Cleveland.
#5162153

Cleveland

640 E 152nd Street

None Beds

None Baths

N/A

$500,000

MLS#: 5162153

For Sale! Group 5 of 10 packs to a portfolio sale! This pack has 5 single family properties on WEST SIDE of Cleveland in 44102! Get a hold of these before they are gone! Addresses: 3284 W 50th, 3283 W 54th, 3310 W 54th, 3311 W 56th and 3333 W 58th! 3284 W 50th is tenant occupied at $750/month plus tenant pays gas/electric! 3283 W 54th is tenant occupied at $1100/month plus gas/electric! Drive by and see! Do not disturb tenants in tenant occupied properties! Great value! Seller retiring! Properties ready for new owner! No showings until contract during diligence period-NO SELLER FINANCING-Don't ask! These can be combined with other property packs if Buyer desires to purchase more than 5, there are 50 total properties! Please reach out to BOTH Listing agents cc'd in same email with questions or for complete list of portfolio properties! No seller financing-don't ask! Close to restaurants, hospitals, shopping, park systems, minutes from downtown and freeway access and more! Hurry this will not last long! Other portfolio properties for sale by same owner can be found at MLS #: 516-8592, 516-8702, 516-8708, 516-8710, 516-8730, 516-8784, 516-8792, 516-8799, 516-8806, 516-8808, 513-4198, and 512-5847!
#5168730

Cleveland

3284 W 50th Street

None Beds

None Baths

N/A

$485,000

MLS#: 5168730

For Sale! Group 10 of 10 packs to a portfolio sale! This pack has 4 single family properties in the 44109 and 44104 areas of Cleveland! Get a hold of these before they are gone! Addresses: 3143 Trowbridge Ave, 3798 W 38th, WEST SIDE in Cleveland 44109 area AND 11306 Notre Dame and 9724 Hilgert Drive in Cleveland 44104 area! 11306 Notre Dame is a DUPLEX with 3Brs/1 bath in one unit and 2 BR's/1 bath in other unit, ready for your tenants! 3143 Trowbridge Ave is tenant occupied at $600/month plus tenant pays gas/electric! 3798 W. 38th is tenant occupied at $650/month plus gas/electric! Drive by and see! Do not disturb tenants in tenant occupied properties! Great value! Seller retiring! Properties ready for new owner! No showings until contract during diligence period-NO SELLER FINANCING-Don't ask! These can be combined with other property packs if Buyer desires to purchase more than 5, there are 50 total properties! Please reach out to BOTH Listing agents cc'd in same email with questions or for complete list of portfolio properties! No seller financing-don't ask! Close to restaurants, hospitals, shopping, park systems, minutes from downtown and freeway access and more! Hurry this will not last long! Showings after contract only. Seller prefers to NOT split these up but is open to all offers. Seller willing to do any cleanouts needed and seller negotiable on repairs needed and is capable of doing any agreed repairs with the right offer/diligence timeframe. Other portfolio properties for sale by same owner can be found at MLS #: 516-8592, 516-8702, 516-8708, 516-8710, 516-8730, 516-8784, 516-8792, 516-8799, 516-8806, 516-8808, 513-4198, and 512-5847!
#5168808

Cleveland

3143 Trowbridge Avenue

None Beds

None Baths

N/A

$400,000

MLS#: 5168808

For Sale! Group 7 of 10 packs to a portfolio sale! This pack has 5 townhome/condo properties on WEST SIDE of Cleveland! Four in one building making up the whole building and one unit in another building- ALL ON THE SAME STREET!! Get a hold of these before they are gone! Addresses: 2082 w 98, 2104 w 98, 2106 w 98, 2108 w 98 AND 2110 w 98! 2110 w 98TH St is tenant occupied at $600/month plus tenant pays gas/electric! Stand alone condo at 2082 W 98 (red brick end unit in pictures) is 3 bedrooms and one bath, Nice! The four other condos 2104/2106/2108/2110 W.98 are all 2 bedrooms and one bath and ready for your tenants or buy to resell! (Brown brick building in pictures- 4 units) NO HOA! Drive by and see! Do not disturb tenants in tenant occupied properties! Great value! Seller retiring! Properties ready for new owner! No showings until contract during diligence period-NO SELLER FINANCING-Don't ask! These can be combined with other property packs if Buyer desires to purchase more than 5, there are 50 total properties! Please reach out to BOTH Listing agents cc'd in same email with questions or for complete list of portfolio properties! No seller financing-don't ask! Close to restaurants, hospitals, shopping, park systems, minutes from downtown and freeway access and more! Hurry this will not last long! Showings after contract only. Seller prefers to NOT split these up but is open to all offers. Seller willing to do any cleanouts needed and seller negotiable on repairs needed and is capable of doing any agreed repairs with the right offer/diligence timeframe. Other portfolio properties for sale by same owner can be found at MLS #: 516-8592, 516-8702, 516-8708, 516-8710, 516-8730, 516-8784, 516-8792, 516-8799, 516-8806, 516-8808, 513-4198, and 512-5847!
#5168792

Cleveland

2082 W 98th Street

None Beds

None Baths

N/A

$470,000

MLS#: 5168792

Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.
#5171179

Cleveland

4412 E 156th Street

None Beds

None Baths

N/A

$450,000

MLS#: 5171179

GREAT INVESTMENT OR OWNER-OCCUPANT OPPORTUNITY! -2 property portfolio: 3513 Dawning Ave., Cleveland and 3704 Dawning Ave., Cleveland - MLS#5166714. 24-hour advance notice required for all showings. Information deemed reliable, but is not guaranteed.
#5179823

Cleveland

3704 Dawning Avenue

None Beds

None Baths

N/A

$350,000

MLS#: 5179823

Prime Investment Opportunity – 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd. Seize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification. 9222-24 Madison has 2 units with 3 bedrooms 1 bath. 1987-89 W. 93d has 2 units with 3 bedrooms and 1.5 baths. ADT security system in retail space. Current Annual Rental Income: $52,800 from residential tenants Additional Retail Potential: Two vacant retail units can easily generate $1,600+ per month once leased Value-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost – expand, redevelop, or create additional parking Prime Location: High-visibility area with strong foot and vehicle traffic Endless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center With solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow. Call today to schedule a showing and explore the potential!
#5147097

Cleveland

9222-26 Madison Avenue

None Beds

None Baths

8,229 Sq.Ft.

$429,999

MLS#: 5147097

Income-producing 6-unit building in the heart of Cleveland's West Side, featuring 3 one-bedroom, one-bath , 2 two-bedroom, one bath apartments and 1 storefront. All apartment tenants are Section 8, paying their own electric and gas, while the owner covers water and sewer. Current rents: Unit 1 $840/month (month-to-month since 8/22), Unit 2 $839month, Unit 3 $810/month (month-to-month since 7/23), Unit 4 $974/month (lease expires 8/26), Unit 5 $999/month (month-to-month since 10/23), and the storefront $1,000/month (lease expires 7/26). Well-maintained and turnkey, this property offers reliable cash flow and excellent investment potential. Located on a bus line and just minutes from downtown, the airport, and freeway access, this building is a prime opportunity for investors seeking immediate income in a high-demand area. Gross rent is 65,544.00, Yearly expenses 12,749.00. Cap Rate of 11.73%
#5149822

Cleveland

8621 Denison Avenue

None Beds

None Baths

N/A

$450,000

MLS#: 5149822

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service