6538 Newman Avenue

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Address: 6538 Newman Ave, Cleveland, OH 44127, USA
Chicago & Midwest + Apartment Buildings
Created date: April 15, 2026
Date last updated: September 14, 2026
Price: $215,000Investment Analyzer NEW!

Property Description

NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you're an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $215,000
Year Built: 1915
Lot Size: 4,752.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 4
Address: 6538 Newman Avenue, Cleveland, OH 44127, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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