Investment Portfolio Opportunity – 4-Property Package Deal Outstanding opportunity to acquire a 4-property Cleveland investment portfolio offering a balance of immediate income, strong upside, and motivated seller terms. This package includes a mix of single-family and multi-family assets, all located in proven rental submarkets with solid Section 8 and EDEN program performance. The seller has proactively completed inspections on all four properties, providing transparency and confidence for investors. The list price already accounts for full renovation of 2221 E 76th and updates across the other three properties — positioning the portfolio to deliver 8–12% cap rates at both 75% and 90% of HUD FMR rent levels. Property Highlights: 3799 E 54th St, Cleveland OH 44105 Parcel 132-10-110 | (2) 2-Bedroom Units Fully occupied at $1,350/month — above 75% market rent. Turnkey income with limited deferred maintenance. 5806 Fleet Ave, Cleveland OH 44105 Parcel 132-12-008 | (4) Units – 3BD, 2BD, 1BD + Office Mix-use building with residential and office space. Strong rental potential and value-add options through cosmetic and rent-rate improvements. 2221-2223 E 76th St, Cleveland OH 44103 Parcel 118-26-068 | (1) Single-Family 4BD + (1) Duplex (2 × 2BD units) 2223 E 76th last occupied end of 2024 at $1,500/month (EDEN rents). 2221 E 76th duplex requires full rehab — included in list price assumptions. Package Summary: (4) Total Properties | (8+) Units | Mixed Residential Use Pro Forma Cap Rates 8–12% based on 75–90% FMR rents This is a rare chance to secure a turnkey + value-add hybrid portfolio in one transaction. Perfect for investors seeking immediate returns with long-term upside in stable Cleveland rental markets.

Listing courtesy of Kim Lewis of Home Equity Realty Group



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.