4432 Pearl Road Cleveland, OH $ 570,000
4432 Pearl Road
$ 570,000
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4432 Pearl Road

Cleveland, OH, 44109
$ 570,000
Bedrooms6 Baths1.1

Monthly Estimate*

$ 3,510

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Multi-Family Home for sale in Cleveland, OH

for $570,000 with 6 bedrooms and 1 full bath, 1 half bath. This home was built in 1900 on a lot size of 0.402.

4432 & 4438 Pearl Road are offered together as a portfolio — a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home — completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone. All 4 units are occupied with a professional property management company in place — just sit back and collect. Both properties are LEAD certified. Bonus: the basement at 4438 is framed, plumbed, and permit-ready for 1–2 additional units. Parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. Strong cash flow from day one at an 8.06% current cap rate, with a clear path to 10.01% at market rents.

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Multi-Family Active

Price

$ 570,000

Bedrooms

6

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 12,456

Style

Lot Size

0.402

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5202283

Features
General
Sewer Public Sewer
Heating Gas
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Garage Spaces 0
Construction Materials Metal Siding
Year Built 1900
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Gross Income 63900
Additional Parcels Description 012-07-028 012-07-027
County Cuyahoga
Operating Expense 17990
Property Type Residential Income
Attached Garage false
Subdivision Name City View Allotment
Garage Y/N false
Total Rooms 9
Full Baths 1
Status Active
Directions On Pearl Road south of the hospital
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 12456.21
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 58 CITYVW 0216 ALL 58 CITY VW 0217 ALL 58 CITY VW 0218 ALL
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Interior
Basement Full
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 2
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Exterior
Parking Features On Site
Water Source Public
Lot Size Area 0.402
Number of Buildings 2
Lot Size Acres 0.402
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Chassity Miller

Listing Agent

Exp Realty, Llc.

Broker

chassity@octopodallc.com

Email

Affordability Calculator

$4,548
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,510
Monthly Property Taxes
$1,038
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
Pricing History
DatePricePrice ChangeDescription
4/17/2026$570,000 Listed Price

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4432 Pearl Road, Cleveland, OH, 44109 is a Multi-Family Home for sale at $570,000 with a lot size of 0.402. 4432 Pearl Road has 6 bedrooms, 1.1 baths, and was built in 1900. The property's zip code is 44109 which is in Cleveland, OH