1811 Lakeview Road
Property 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 $843 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.
Broker Details
Keller Williams Realty Greater Cleveland Northeast (440) 255-5500
MLS ID: 2020005628 State License Number: 2020005628
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $250,000 |
| Year Built: | 1912 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-NEOHREXOH-5181325
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