About This Home

This 8-bedroom, 4-bathroom multi-family at 1624 E 82nd Street in Cleveland, OH is listed for $149,900 ($21 per sqft). Built in 1904, the home offers 7,044 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1904
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
4 full
1904
Listing Description

"Opportunity awaits at this massive 4-unit property located just minutes from University Circle! Offering over 7,000 square feet of space, this building has already undergone extensive renovations and is ready for the next owner to bring the project across the finish line.

Major improvements include updates to the roof, electrical, plumbing, windows, and HVAC, taking care of many of the costly components of a renovation. Full sealed architectural plans, including applicable engineering drawings for the mechanical systems, have already undergone City of Cleveland review and approval, with permits pulled-eliminating mu

ch of the upfront planning, engineering, permitting, and major infrastructure work typically associated with a renovation of this scale. With much of the major utility and mechanical infrastructure is also already in place: electrical, gas, and water meters have been installed; rough-ins have passed City inspection; hot and cold water are on; laund

ry sinks are installed; and the property includes four brand-new electric water heaters and four brand-new high-efficiency furnaces, the property is positioned for the next owner to focus on finishes and bring the renovation across the finish line. With the interior already opened up and much of the groundwork already in place; simply bring your contractor and vision to complete the remaining work.

With four units, substantial square footage, and a convenient location near University Circle, Case Western Reserve University, Cleveland Clinic, University Hospitals, and all that the surrounding area has to offer, this property presents an excellent opportunity for an investor looking to complete a value-add multifamily project.

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

1624 E 82nd Street

Cleveland, OH 44103

Helden & Ingersolls Allotment

Property Details

Construction

Stucco

Parking

Paved or SurfacedDriveway

Heating

Forced AirNatural Gas

Questions & Answers

This 8-bedroom, 4-bathroom multi-family at 1624 E 82nd Street is listed at $149,900 ($21/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1904, 0.16 acre lot, 2 stories.

This property is listed by Jason Lacourt.

JL

Jason Lacourt

License 2019006512

Agent at Keller Williams Legacy Group Realty

Listed by Keller Williams Legacy Group Realty · Broker phone: (330) 433-6005 · View on Broker Site · Broker website

MLS# 5244490· Source: MLS Now· 49 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1624 E 82nd Street, Cleveland, OH 44103

Open this listing in: