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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.

Agent Description

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

2 stories
4 full
1912

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1811 Lakeview Avenue

East Cleveland, OH 44112

City/East Cleveland

Property Details

Construction

Brick

Parking

Off Street

Heating

Natural GasForced Air

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.

RS

Ryan Sackman

Agent at Keller Williams Greater Cleveland Northeast

(704) 900-9891

Listed by Keller Williams Greater Cleveland Northeast · View on Broker Site

MLS# 5181325· Source: listhub· Updated 145 days ago

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.

1811 Lakeview Avenue, East Cleveland, OH 44112

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