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$299,900
2 Days On Site

4019 Newark Avenue
Cleveland, OH 44109

For Sale|Quadruplex|Active Under Contract
8
Beds
4
Total Baths
4
Full Baths
1900
Built
Subdivision:
Rhodes Gartnell & Barbers All
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
4019 Newark Avenue4019 Newark Avenue4019 Newark Avenue4019 Newark Avenue
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Investors, this one is priced to sell and ready to produce income from day one. This turnkey quadplex sits in the heart of Clark Fulton, one of Cleveland's most active investment corridors, and offers a rare mix of immediate cash flow and upside. One unit is currently occupied by a long term tenant on a lifelong housing voucher, generating a reliable $1,120 per month at 100% voucher coverage, meaning guaranteed rent with no vacancy risk on that unit. The remaining three units, a spacious 3 bedroom, a 1 bedroom, and a 2 bedroom, are all vacant and rent ready, giving a new owner the flexibility to place tenants immediately at full market rent or explore other rental strategies. With one unit already cash flowing and three more ready to lease right away, this property offers a fast path to a fully stabilized income stream. Whether you are an experienced investor looking to add a proven performer to your portfolio or just getting started in multifamily, 4019 Newark delivers the kind of numbers that are hard to find in today's market. Priced to sell and ready to move quickly, this is a cash flow opportunity you do not want to miss.

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Listing Snapshot
Price 
$299,900
Days On Site 
2 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.1004 Acres
Year Built 
1900
MLS® Number 
5239657
Status 
Active Under Contract
Property Tax 
$8,823.5
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayStatus changed to Active Under Contract
yesterdayListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.1004
Levels 
Two
Parking 
Off Street
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Basement 
Unfinished
Cooling 
Wall/Window Unit(s)
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
Shingle
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Aiden Avtgis of RE/MAX Infinity



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 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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