Listed By
Agency Name: RE/MAX Infinity
Agency Contact: sellwithaiden@gmail.com, 330-415-7054
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
7507 Lawnview is a fully updated quadplex in Hough offering a rare mix of stabilized income and immediate upside. Three of the four units are currently occupied and generating consistent, housing-authority-backed income: unit 7507 at a $1,400/mo contract rent (Section 8 pays $913), unit 7511 at $1,100/mo cash, and unit 7513 at a $1,640/mo contract rent (Tennant pays $524) ? a combined $4,140/mo across the occupied units. The fourth unit, 7509, is vacant and rent-ready, previously leased at $1,505/mo under Section 8, giving a new owner the flexibility to set market rent, place a tenant, or occupy it themselves. With three units already backed by housing-authority contracts, this property delivers steady, on-time payments and low turnover, plus built-in upside on the vacant unit. Hough continues to see significant investment and redevelopment, with quick access to University Circle, the Cleveland Clinic, and downtown, making this a rare four-unit that's already performing with room to grow. Schedule your showing today.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 3
Heating: Forced Air, Gas
Lot Size: 0.22 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,217 / year
Year Built: 1910
Feature Descriptions
Exterior: Brick
Parcel#: 106-11-063
Parking: On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 2,708.15 per month $2,150.93 Principal & Interest $434.75 Property Tax $122.47 Homeowner's InsuranceChange Payment Information
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7507 Lawnview Avenue | MLS# 5232880
This multi-family property located at 7507 Lawnview Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $419,900. Lawnview Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.hawksnestcrossing.com today.