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4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo
4578 E 131st Street, Garfield Heights, OH 44105 Photo

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4578 E 131st Street Garfield Heights, OH 44105
$879,900
Active / MLS# 5222720 / Commercial - Business / Garfield Heights
0 Beds

100% occupied, cash flowing 12 unit complex with value-add upside! This newly updated 12 unit deal is perfect for the investor looking for solid, stable cash flow day 1, while still having easy value-add upside available through basic cosmetic updates and organic rent bumps! Currently 100% occupied, grossing $10,740 in rent per month, an investor will walk into nearly a 9.5% cap rate AS IS. Proforma, a savvy buyer will easily achieve $12,500+ per month in gross rent, with the ability to implement parking fees and on-site coin operated laundry for additional income! The unit mix is ideal - boasting (8) two bedroom units and (4) one bedroom units. (6) of the (12) total units have been totally remodeled including updated kitchens with granite countertops and new appliances, updated flooring including vinyl plank and new carpet, updated bathrooms with tiled shower surrounds and new vanities, as well as updated lighting throughout and completely refreshed common areas. In addition, there are a number of new furnaces and wall unit AC's that have been installed, as well as a new parking lot, painted and refreshed garages, two completely new roofs installed in 2025, new carpet, paint and lighting in the hallways, and new exterior entry doors, and new common how water tanks! Tenants are responsible for gas and electricity, while the owner pays water/sewer/trash and common area electricity and gas. A number of tenants are currently month to month as well, allowing a buyer to quickly start implementing their business plan.

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Property Details

Property Type: Commercial - Business
Basement: None
Cooling: Wall Unit(s)
Heating: Forced Air
Lot Size: 0.37 Acres
Roof Type: Asphalt, Fiberglass, Other
Stories: 3.0
Taxes: $18,145 / year
Year Built: 1962

Feature Descriptions

Days on Site: 1
Parcel#: 546-35-100
Parking: Assigned, Paved
Sewer: Public Sewer
Water: Public

Schools

School District: Cleveland Municipal - 1809

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

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