8301 & 9511 Madison Avenue, Cleveland, OH 44102

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$415,000

bedrooms

bathrooms

square feet

Acreage

0.13

Open Houses

year built

1890

Full Baths

Half Baths

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Value-add multifamily opportunity: 10 units across 2 buildings! A rare chance to acquire a package of 2 small apartment buildings, totaling 10 units— a 4-unit and a 6-unit property— offered together in a strong rental market. This is a true value-add opportunity, ideal for investors seeking upside potential through light renovations and cosmetic improvements. The unit mix includes 2 two bedroom units, 6 one bedroom units, and 2 efficiency/studio units. 4 of the 10 units are currently vacant, offering immediate renovation potential without tenant disruption. The 6 occupied units are currently rented well below market rent, presenting significant potential for income growth. The owner pays all utilities, as the units are not individually metered. This is a compelling opportunity for investors seeking scale, value, and immediate path to increased cash flow and long-term appreciation.

Location
Subdivision	-
County	Cuyahoga
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: 5119002

Listing agent: Aimee Neiman #2020001502

Listing broker: Chervenic Realty Inc (330) 686-1644

Last update: Thursday, May 1 2025 at 6:37 p.m. EDT

Kotohomes National