889 E 143rd Street, Cleveland, OH 44110

Cleveland
Local realty services provided by:ERA Real Solutions Realty
889 E 143rd Street,Cleveland, OH 44110
$175,000
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  • 8 Beds
  • 4 Baths
  • 5,700 sq. ft.
  • Multi-family
  • Active
Listed by: erin thomas
Office: keller williams living
MLS#:5207661
Source:OH_NORMLS

Price summary

  • Price:$175,000
  • Price per sq. ft.:$30.7

About this home

Value-Add 4-Unit with Major Capital Improvements Already Completed! Located just south of the growing Collinwood Arts District, 889 E 143rd offers investors the opportunity to increase cash flow where many of the major expenses have already been addressed. This 4-unit building consists of 2-bedroom units tenants and 1 vacant unit ready for light cosmetic updates. Current rents include Unit 2 at $475/month plus $50 water reimbursement and Unit 4 at $800/month, leaving significant room for future rental growth once stabilized. Unit 3 has already been cleaned out and can be turned quickly with minor updates.Recent improvements include a brand-new roof (2025), all new windows in Unit 3 (2025), all hot water tanks replaced (2026), serviced furnaces in strong working condition (2026), and cleaned-up electrical. The owner has also invested thousands into pest-proofing the property following concerns from Unit 4. Market rents are around $950 which produces a 15% cap rate once all units are...

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Home facts

  • Year built:1926
  • Subdivision & Development:Cowles Brooks & Smyth
  • Listing ID #:5207661
  • Added:100 day(s) ago
  • Updated:August 15, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:5,700 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat
  • Year built:1926
  • Building area:5,700 sq. ft.
  • Lot area:0.12 Acres
  • Construction Materials:Brick
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Price per sq. ft.:$30.7
  • Tax amount:$4,004 (2025)

Parking

  • Parking description:Driveway
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