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About This Home
This 12-bedroom, 6-bathroom residential multi family at 7507 Lawnview Avenue in Cleveland, OH is listed for $419,000 ($65 per sqft). Built in 1910, the home offers 6,424 sqft of living space on a 0.22 acres lot.
RARE GEM - SECTION 8 Fourplex Investment Opportunity! 5,675$ gross rent per month!!! Welcome to 7507 Lawnview Ave, a one-of-a-kind side-by-side fourplex featuring four spacious 3-bedroom townhome units! Each unit offers a full upstairs, a private basement, and both front & back entrances, giving tenants the feel of true single-family living.
units have been thoughtfully renovated with modern LVP flooring, granite countertops, and major mechanical updates including multiple newer furnaces. This property is truly a cash cow for investors-whether you're local or out-of-state. Cash-Flow Machine Currently rented to reliable Section 8 tenants, the property generates a gross monthly income of
$5,675: 7507 - $1,400 7509 - $1,385 7511 - $1,250 7513 - $1,640 That's $68,100 annually with tenants covering all utilities except water & sewer-keeping owner expenses low and profit margins high. Highlights: Four side-by-side 3-bedroom townhome units Private basements & dual entrances for every unit Renovated interiors with LVP & granite finishes
Multiple newer furnaces & key upgrades completed Fully rented, strong Section 8 tenancy Tenants pay gas & electric Property is lead safe certified with the city! Offered at just $499,900, this rare Cleveland fourplex is a true cash cow that won't last long. Opportunities like this don't come around often-schedule your showing today before it's gone!
Key Features
- Built in 1910
- 0.22 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,241/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7507 Lawnview Avenue
Cleveland, OH 44103
Simpson & Goakes
Property Details
Construction
Parking
Heating
Questions & Answers
This 12-bedroom, 6-bathroom residential multi family at 7507 Lawnview Avenue is listed at $419,000 ($65/sqft). The estimated monthly payment is $1,816 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.22 acre lot, 2 stories.
This property is listed by Mark A Colucci and can be reached at 4405905219 or markcolucci@kw.com.


