East Cleveland Real Estate

East Cleveland Real Estate

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Newest Listings in East Cleveland

$549,000
5241491 MLS
FULLY LICENSED TURNKEY CHILDCARE CENTER & REAL ESTATE. Exceptional value-add acquisition opportunity in Cuyahoga County. This offering features a highly specialized, purpose-built ~5,688 Sq. Ft. commercial facility bundled entirely with an active, income-producing business entity. The business operates with an elite Ohio Step Up To Quality (SUTQ) Silver License and an active, fully approved USDA Child Care Food Program sponsorship.RECESSION-PROOF REVENUE STREAMS: The facility is highly optimized and generates $406,000 in verifiable gross revenue, fully backed 100% by steady government funding allocations, including $358k from DCY contracts and $48k from federal USDA food reimbursements. No reliance on unpredictable private-pay collections. The structure is authorized to house 100 children. PREMIUM INFRASTRUCTURE ASSETS INCLUDED: The building is built out with 6 structured classrooms, child-accessible restrooms, administrative space, and a fully equipped commercial kitchen featuring an active grease trap and hood assembly. Standout features include a unique, weather-proof indoor play area alongside a secure, fully fenced outdoor playground. The transportation van, kitchen equipment, and all physical classroom furniture, fixtures, and educational inventory carry over to the buyer at closing.ADAPTIVE REUSE POTENTIAL: Excellent alternative footprint for charter school offices, medical/dental clinics, or non-profit headquarters. CONFIDENTIALITY COMPLIANCE: Specific center name/address confidential. Strictly DO NOT walk into, around the facility or contact staff.

Euclid Avenue, East Cleveland

Listing Courtesy of: Dee Wright, deewright216@gmail.com With OPP Realty & Asset Management Group

$93,000
4 Beds 2 Baths 5240446 MLS
**Turnkey Investment Opportunity in East Cleveland!** Welcome to 13511 Beaumont Ave, a fully updated, move-in-ready property offering an excellent opportunity for investors looking to add a low-maintenance rental to their portfolio. The interior has been refreshed throughout with fresh paint, beautifully stained hardwood floors, and durable LVP flooring in the kitchen and bathroom. The second floor features three bedrooms and a spacious full bathroom, while the finished third-floor attic includes an added electric heat source, allowing the space to qualify as a fourth bedroom per CMHA standards. The basement provides additional functionality with a laundry area and an additional bathroom. Major improvements include updated windows throughout, a new furnace, and hot water tank, helping minimize near-term capital expenses. With the renovations already completed, this property is ready for an investor to place a tenant and begin generating rental income without the time and expense of a major rehab. For investors considering the Housing Choice Voucher/Section 8 rental market, the current CMHA payment standard for a 4-bedroom in ZIP code 44112 is approximately $1,683/month, subject to CMHA approval, rent reasonableness, tenant eligibility, and applicable utility allowances. Whether you're expanding an existing rental portfolio or searching for a turnkey East Cleveland investment property, 13511 Beaumont Ave offers updated living space, strong rental potential, and the opportunity to get straight to work generating income.

13511 Beaumont Avenue, East Cleveland

Listing Courtesy of: Christine Revay, chrissy@garucciogroup.com With Real of Ohio

$2,950,000
226031753 MLS
AFFORDABLE HOUSING ; 41 UNITS GRASMERE APARTMENTS, EAST CLEVELAND. Approximately 90% ++ occupancy and growing. Perfect opportunity for new management to take it over and benefit from all the hard work. The property provides for both 1 and 2 bedroom units depending on how space is utilized by the tenant. The building has had several recent improvements that are significant to the long term performance of this multi-unit apartment building. Major electrical, plumbing and almost all of the units have been refreshed. Low maintenance masonry construction with separately metered electric. Operationally, this building has the ability to provide impressive returns utilizing a past history of market rents and affordable housing programs. A few shell units remain in the lower level providing the possibility to increase the number of total units or enhance with common areas. On site laundry facility, electronic keyed entry, security cameras and recently improved fire alarm system offers convenience for the residents. The market has responded well to both Section 8 and Eden vouchers. Grasmere Apartments offer affordable 1 & 2 bedroom units located in the 44112 area of Cleveland, minutes away from public transportation, parks, shopping, recreation and the popular University Circle. The units offer newer appliances, walk-in closets, upgraded kitchen and bathroom.

15000 Euclid Avenue, East Cleveland

Listing Courtesy of : Douglas J Ryan ---- KW Classic Properties Realty

$120,000
5 Beds 2 Baths 5238353 MLS
This cash-flowing duplex presents a great opportunity for investors looking to expand their rental portfolio with an income-producing multifamily property. The lower unit features 2 bedrooms and 1 full bathroom, while the upper unit offers 3 bedrooms and 1 full bathroom, providing flexible layouts that appeal to a variety of tenants. Both units include spacious living rooms, functional kitchens with adjoining dining areas, and comfortable living spaces throughout. The full basement provides additional storage and offers potential for future value-add opportunities. A detached 2-car garage adds even more convenience and functionality to the property. The property is currently fully occupied, with the lower unit renting for $900 per month and the upper unit renting for $1,100 per month, generating a combined current rental income of $2,000 per month. Please note that both tenants are currently in the eviction process, giving the next owner the opportunity to reposition the property, complete any desired improvements, and secure new tenants at their preferred rental terms. Conveniently located in East Cleveland with easy access to I-90, the property is also near major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to grow an existing portfolio or add another multifamily property to your investment strategy, this duplex offers strong potential and multiple opportunities for future income. No wholesalers. No Seller financing. No low ball offers.

13414 Shaw Avenue, East Cleveland

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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