7507 Lawnview Avenue Cleveland, OH $ 459,000
7507 Lawnview Avenue
$ 459,000
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7507 Lawnview Avenue

Cleveland, OH, 44103
$ 459,000
Bedrooms12 Baths4.2 Sq 6,424

Monthly Estimate*

$ 2,864

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Multi-Family Home for sale in Cleveland, OH

for $459,000 with 12 bedrooms and 4 full baths, 2 half baths. This 6,424 square foot home was built in 1910 on a lot size of 0.2195.

RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living. units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors—whether you’re local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of $5,675: • 7507 – $1,400 • 7509 – $1,385 • 7511 – $1,250 • 7513 – $1,640 That’s $68,100 annually with tenants covering all utilities except water & sewer—keeping owner expenses low and profit margins high. Highlights: • Four side-by-side 3-bedroom townhome units • Private basements & dual entrances for every unit • Renovated interiors with LVP & granite finishes • Multiple newer furnaces & key upgrades completed • Fully rented, strong Section 8 tenancy • Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won’t last long. Opportunities like this don’t come around often—schedule your showing today before it’s gone!

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Multi-Family Active

Price

$ 459,000

Bedrooms

12

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 5,373

Style

Lot Size

0.2195

Year Built

1910

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5155900

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Construction Materials Brick
Year Built 1910
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2024
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Simpson & Goakes
Garage Y/N false
Full Baths 4
Status Active
Directions Off E 71st St.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 5373
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Owner
Property Sub Type Additional Quadruplex
Legal Description 342 S&G S/L 37 ALL 0038 ALL 10611064
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Interior
Basement Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 6424
Half Baths 2
Total Bedrooms 12
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 6
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.2195
Number of Buildings 1
Lot Size Acres 0.2195
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Mark A Colucci

Listing Agent

Keller Williams Citywide

Broker

markcolucci@kw.com

Email

Affordability Calculator

$3,311
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,864
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$459,000 -3.37% Price Down
11/20/2025$475,000 -3.04% Price Down
10/20/2025$489,900 -2.00% Price Down
9/17/2025$499,900 Listed Price

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7507 Lawnview Avenue, Cleveland, OH, 44103 is a Multi-Family Home for sale at $459,000 with 6,424 sqft and a lot size of 0.2195. 7507 Lawnview Avenue has 12 bedrooms, 4.2 baths, and was built in 1910. The property's zip code is 44103 which is in Cleveland, OH