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11230 Parklawn Drive Cleveland, OH $ 369,000
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$ 369,000 Get more info
11230 Parklawn Drive
$ 369,000
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11230 Parklawn Drive

Cleveland, OH, 44108
$ 369,000
Bedrooms8 Baths4.0 Sq 4,100

Monthly Estimate*

$ 2,272

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Multi-Family Home for sale in Cleveland, OH

for $369,000 with 8 bedrooms and 4 full baths. This 4,100 square foot home was built in 1926 on a lot size of 0.0918.

Solid cash-flowing 4-unit multifamily producing $4,182/month in guaranteed Section 8 rental income. All units are fully updated, offering low-maintenance ownership and immediate returns from day one. Tenants are already in place with government-backed rent, providing consistent and reliable cash flow. Property Features include: 2024 resurfaced roof, 2024 furnaces (2), updated electrical boxes, all remodeled kitchens and baths, 2024-2025 new windows, and more… This property also has a Lead Safe Certificate with the city of Cleveland… inquire while it lasts!

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Multi-Family Active

Price

$ 369,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,183

Style

Lot Size

0.0918

Year Built

1926

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5185699
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Delivery Of Deed
Roof Rubber Tile
Garage Spaces 0
Construction Materials Brick
Year Built 1926
Tenant Pays Electricity Gas Heat
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Gross Income 4182
Community Features Medical Service Playground Park Shopping
Accessibility None
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Park
Facing Direction North
Garage Y/N false
Total Rooms 20
Full Baths 4
Status Active
Directions Off of lakeview
City Cleveland
Disclosures Owner Is Listing Agent
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 3183
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 Public Records
Property Sub Type Additional Quadruplex
Legal Description 371 PKLAWN 0018 ALL
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 4100
Half Baths 0
Laundry Features Common Area
Total Bedrooms 8
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 4
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Exterior
Parking Features No Garage Paved
Water Source Public
Lot Size Area 0.0918
Number of Buildings 1
Lot Size Acres 0.0918
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Cartier L Reed

Listing Agent

Keller Williams Elevate

Broker

Cartier.Reed@kw.com

Email

Affordability Calculator

$2,537
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,272
Monthly Property Taxes
$265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/7/2026$369,000 Listed Price

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11230 Parklawn Drive, Cleveland, OH, 44108 is a Multi-Family Home for sale at $369,000 with 4,100 sqft and a lot size of 0.0918. 11230 Parklawn Drive has 8 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 44108 which is in Cleveland, OH

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