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About This Home
This 8-bedroom, 4-bathroom residential multi family at 1811 Lakeview Avenue in East Cleveland, OH is listed for $250,000. Built in 1912, on a 0.09 acres lot.
Discover a rare investment opportunity in the rapidly growing Circle East District, just steps from Little Italy and right at the edge of the highly sought-after University Circle. This remodeled 4-unit building is fully refreshed and ready for tenants, with one unit currently occupied by a steady Section 8 tenant at $950 per month.
Featuring durable vinyl windows and a roof approximately five years old, the property offers low-maintenance ownership in an area undergoing major transformation. Utilities along Euclid Avenue were upgraded last year, and full infrastructure work on this street is slated for spring/summer 2026-positioning this block for significant appreciation.
Located within a federally designated Opportunity Zone, investors can take advantage of substantial tax benefits while benefiting from the neighborhood's momentum. With new construction homes selling for $400,000 just one block away, the upside is undeniable. A chance to secure prime real estate in the heart of Cleveland's most rapidly expanding cultural, medical, and educational hub-at pennies on the dollar.
Key Features
- Built in 1912
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1811 Lakeview Avenue
East Cleveland, OH 44112
City/East Cleveland
Property Details
Construction
Parking
Heating
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 1811 Lakeview Avenue is listed at $250,000. The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1912, 0.09 acre lot, 2 stories.
This property is listed by Ryan Sackman and can be reached at 7049009891 or ryan.m.sackman@gmail.com.
