8701 Lake Avenue, Cleveland, OH 44102

Cleveland
Local realty services provided by:ERA Real Solutions Realty
8701 Lake Avenue,Cleveland, OH 44102
$199,000
Virtual Tour
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kal alnazer, kal alnazer
Office: 2000 professional realty
MLS#:5187243
Source:OH_NORMLS

Price summary

  • Price:$199,000

About this home

Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail. Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at $229,000

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:5187243
  • Added:85 day(s) ago
  • Updated:May 13, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,000
  • Tax amount:$4,914 (2025)

Parking

  • Garage:Yes
MLS Logo

New listings near 8701 Lake Avenue