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$ 295,000
Est. payment /mo
Active
7301 Harvard AVE Cleveland, OH 44105
5,549 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Burke Worley & Webster
MLS Listing ID 5112994
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,978
Tax Year 2024
Lot Size 5,549 Sqft
Acres 0.1274
Property Sub-Type Apartment
Property Description
Prime Investor Opportunity - Huge Cash Cow!
Attention investors! This fully occupied, cash-flowing property at 7301 Harvard Avenue is a rare find, offering exceptional returns at an unbeatable price. Generating $4,000 per month in rental income, this dual-structure investment delivers an estimated Net Operating Income (NOI) of $30,000 and an impressive 10.2% cap rate—based on typical operating expenses.
The property features two recently updated buildings on one lot. The first is a solid brick multi-family structure with four spacious 2-bedroom, 1-bathroom units, fully renovated in 2022 with modern upgrades and strong tenant demand. The second is a beautifully updated single-family home offering 3 bedrooms and 1 bathroom, completely renovated in 2025 and leased up for peak profitability.
With five income-producing units, eleven total bedrooms, already occupied and thriving, this property provides robust monthly cash flow from day one. Situated in a high-demand Cleveland neighborhood with convenient access to amenities and major routes, this is a low-maintenance, high-yield opportunity that won't last long. Secure this cash-flow powerhouse at $295,000—schedule your showing today!
Attention investors! This fully occupied, cash-flowing property at 7301 Harvard Avenue is a rare find, offering exceptional returns at an unbeatable price. Generating $4,000 per month in rental income, this dual-structure investment delivers an estimated Net Operating Income (NOI) of $30,000 and an impressive 10.2% cap rate—based on typical operating expenses.
The property features two recently updated buildings on one lot. The first is a solid brick multi-family structure with four spacious 2-bedroom, 1-bathroom units, fully renovated in 2022 with modern upgrades and strong tenant demand. The second is a beautifully updated single-family home offering 3 bedrooms and 1 bathroom, completely renovated in 2025 and leased up for peak profitability.
With five income-producing units, eleven total bedrooms, already occupied and thriving, this property provides robust monthly cash flow from day one. Situated in a high-demand Cleveland neighborhood with convenient access to amenities and major routes, this is a low-maintenance, high-yield opportunity that won't last long. Secure this cash-flow powerhouse at $295,000—schedule your showing today!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Multi-Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 133-18-063
Special Listing Condition Standard
Listed by John Currid • VSD Realty, LLC. • 216-406-1772 victor@vsdrealty.com