# 4439 State Road, Cleveland, OH 44109 > **TL;DR:** commercial, $199,000, built 1890. > A/C. Est. $1,064/mo. Listed 79 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $199,000 | | Year Built | 1890 | | Lot Size | 7,349 sqft (0.17 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 79 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,006 | | Estimated Insurance | $58 | | **Total** | **$1,064** | ## Key Amenities - A/C ## Property Highlights - Built in 1890 - 0.17 acre lot - 2 stories - 4 parking spaces ## Description ### Agent Description Value-add mixed-use opportunity offered at just $225,000 with an estimated stabilized value of approximately $360,000. This fully vacant property features four income-producing spaces, including a 4-bedroom apartment, 2-bedroom apartment, storefront, and warehouse/storage space, estimated at $3900/mo total. Beyond rental income, the property's utility configuration presents an opportunity to implement a RUBS reimbursement program, potentially shifting all utility costs back to tenants. This creates another avenue to improve NOI without significant capital investment. Major systems anre in great shape including a newer roof (-10yr) , vinyl windows, hot water tanks (-5yr) , and a newer Trane furnace, allowing buyers to focus on stabilization rather than major mechanical replacements. The asking price projects a 12.07% cap rate or a $350,000 ARV at an 8% cap rate. Located in Cleveland's growing Old Brooklyn neighborhood, the property benefits from strong rental demand, ongoing redevelopment along the Pearl Road corridor, and close proximity to MetroHealth Medical Center, Downtown Cleveland, I-71, I-480, Cleveland Metroparks Zoo, and the Towpath Trail. Renovated apartments in the area continue to command premium rents, making this an excellent opportunity to create equity while generating strong cash flow. Schedule your private showing today. ## Location - **Address:** 4439 State Road, Cleveland, OH 44109 - **County:** Cuyahoga - **Neighborhood:** Mary C Meades Allotment - **Coordinates:** 41.433454, -81.706459 - **Google Maps:** https://www.google.com/maps?q=41.433454,-81.706459 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/4439-State-Road-Cleveland-OH-44109/unbranded ## Listing Agent - **Name:** Erin Thomas · **License:** 2019005940 - **Brokerage:** KW Living - **Broker Phone:** (440) 318-1620 ## Photos ![4439 State Road - Photo 1](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f747155533r.jpg) ![4439 State Road - Photo 2](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1354529865r.jpg) ![4439 State Road - Photo 3](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2330401678r.jpg) ![4439 State Road - Photo 4](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f493513096r.jpg) ![4439 State Road - Photo 5](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2674924983r.jpg) ![4439 State Road - Photo 6](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2313483983r.jpg) ![4439 State Road - Photo 7](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1554254162r.jpg) ![4439 State Road - Photo 8](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f506898687r.jpg) ![4439 State Road - Photo 9](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2089523720r.jpg) ![4439 State Road - Photo 10](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f87203541r.jpg) ![4439 State Road - Photo 11](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4148787406r.jpg) ![4439 State Road - Photo 12](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f976787546r.jpg) ![4439 State Road - Photo 13](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4184967667r.jpg) ![4439 State Road - Photo 14](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4217497710r.jpg) ![4439 State Road - Photo 15](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1602778889r.jpg) ![4439 State Road - Photo 16](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1773823838r.jpg) ![4439 State Road - Photo 17](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3274914002r.jpg) ![4439 State Road - Photo 18](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2258468661r.jpg) ![4439 State Road - Photo 19](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2514385577r.jpg) ![4439 State Road - Photo 20](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f985167684r.jpg) ![4439 State Road - Photo 21](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2927784131r.jpg) ![4439 State Road - Photo 22](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f612302601r.jpg) ![4439 State Road - Photo 23](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854070886r.jpg) ![4439 State Road - Photo 24](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1963146783r.jpg) ![4439 State Road - Photo 25](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f885823937r.jpg) ![4439 State Road - Photo 26](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f914038661r.jpg) ![4439 State Road - Photo 27](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1632642813r.jpg) ![4439 State Road - Photo 28](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2561143020r.jpg) ![4439 State Road - Photo 29](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1203380821r.jpg) ![4439 State Road - Photo 30](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1978913592r.jpg) ![4439 State Road - Photo 31](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3972794249r.jpg) ![4439 State Road - Photo 32](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f808035696r.jpg) ![4439 State Road - Photo 33](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3064325440r.jpg) ![4439 State Road - Photo 34](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3225085491r.jpg) ![4439 State Road - Photo 35](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2868818718r.jpg) ![4439 State Road - Photo 36](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3866412537r.jpg) ![4439 State Road - Photo 37](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854160441r.jpg) ![4439 State Road - Photo 38](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3721836357r.jpg) ![4439 State Road - Photo 39](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f924926632r.jpg) ![4439 State Road - Photo 40](http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1963146783r.jpg) --- **MLS#:** 5235469 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#listing", "url": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034", "name": "4439 State Road, Cleveland, OH 44109", "description": "Value-add mixed-use opportunity offered at just $225,000 with an estimated stabilized value of approximately $360,000. This fully vacant property features four income-producing spaces, including a 4-bedroom apartment, 2-bedroom apartment, storefront, and warehouse/storage space, estimated at $3900/mo total. Beyond rental income, the property's utility configuration presents an opportunity to implement a RUBS reimbursement program, potentially shifting all utility costs back to tenants. This creates another avenue to improve NOI without significant capital investment. Major systems anre in great shape including a newer roof (-10yr) , vinyl windows, hot water tanks (-5yr) , and a newer Trane furnace, allowing buyers to focus on stabilization rather than major mechanical replacements. The asking price projects a 12.07% cap rate or a $350,000 ARV at an 8% cap rate. Located in Cleveland's growing Old Brooklyn neighborhood, the property benefits from strong rental demand, ongoing redevelopment along the Pearl Road corridor, and close proximity to MetroHealth Medical Center, Downtown Cleveland, I-71, I-480, Cleveland Metroparks Zoo, and the Towpath Trail. Renovated apartments in the area continue to command premium rents, making this an excellent opportunity to create equity while generating strong cash flow. Schedule your private showing today.", "image": [ "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f747155533r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1354529865r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2330401678r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f493513096r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2674924983r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2313483983r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1554254162r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f506898687r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2089523720r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f87203541r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4148787406r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f976787546r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4184967667r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4217497710r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1602778889r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1773823838r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3274914002r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2258468661r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2514385577r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f985167684r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2927784131r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f612302601r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854070886r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1963146783r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f885823937r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f914038661r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1632642813r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2561143020r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1203380821r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1978913592r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3972794249r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f808035696r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3064325440r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3225085491r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2868818718r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3866412537r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854160441r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3721836357r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f924926632r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f747155533r.jpg", "caption": "4439 State Road - Cleveland, OH" }, "datePosted": "2026-08-13", "dateModified": "2026-10-28T14:29:04.817Z", "mainEntity": { "@type": "Place", "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#property", "name": "4439 State Road, Cleveland, OH 44109", "address": { "@type": "PostalAddress", "streetAddress": "4439 State Road", "addressLocality": "Cleveland", "addressRegion": "OH", "postalCode": "44109", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 41.433454, "longitude": -81.706459 }, "image": [ "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f747155533r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1354529865r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2330401678r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f493513096r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2674924983r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2313483983r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1554254162r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f506898687r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2089523720r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f87203541r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4148787406r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f976787546r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4184967667r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f4217497710r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1602778889r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1773823838r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3274914002r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2258468661r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2514385577r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f985167684r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2927784131r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f612302601r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854070886r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1963146783r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f885823937r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f914038661r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1632642813r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2561143020r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1203380821r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f1978913592r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3972794249r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f808035696r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3064325440r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3225085491r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f2868818718r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3866412537r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3854160441r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f3721836357r.jpg", "http://lh.rdcpix.com/4f58c3d922796006b9bf4ef1d08b83c4l-f924926632r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "5235469" }, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Forced Air" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air" }, { "@type": "LocationFeatureSpecification", "name": "Parking Features", "value": "Off Street, Driveway" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.17 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 2 }, { "@type": "PropertyValue", "name": "Parking Spaces", "value": 4 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" }, { "@type": "PropertyValue", "name": "Property Type", "value": "Commercial" } ] }, "offers": { "@type": "Offer", "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#offer", "url": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034", "price": 199000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#agent" } }, "provider": { "@type": "Person", "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#agent", "name": "Erin Thomas", "worksFor": { "@type": "Organization", "@id": "https://staging.propertysimple.ai/listing/4439-state-road-cleveland-oh-44109-5a15bdec0a0a41349633be95080a0034#brokerage", "name": "KW Living", "telephone": "(440) 318-1620", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/c5ababf0233cccfa01233e1f04ef0067k-c4273585504r.png" } } } } ```