7507 Lawnview Avenue, Cleveland, OH 44103
Local realty services provided by:ERA Real Solutions Realty
Listed by:mark a colucci
Office:keller williams citywide
MLS#:5155900
Source:OH_NORMLS
Price summary
- Price:$489,900
- Price per sq. ft.:$76.26
About this home
RARE GEM – SECTION 8 Fourplex Investment Opportunity! 5,675$ 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!
Contact an agent
Home facts
- Year built:1910
- Listing ID #:5155900
- Added:54 day(s) ago
- Updated:November 04, 2025 at 03:20 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Living area:6,424 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1910
- Building area:6,424 sq. ft.
- Lot area:0.22 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$489,900
- Price per sq. ft.:$76.26
- Tax amount:$5,373 (2024)
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