4438 Pearl Rd, Cleveland, OH for sale

Investment Overview

Fully renovated three-unit multifamily in Cleveland's Brooklyn Centre / Old Brooklyn — $395,000, with the large adjacent parking lot (separate parcel #012-07-027) included at no additional cost. All three units occupied (one 3/1, two 2/1), producing $3,410/month with $3,995/month upside at market rents; one unit is Section 8. New furnace (2025), new flat roof, and underground plumbing redone, with full interior renovations throughout; appliances convey. Basement is framed and permit-ready for 1–2 additional units — a clear value-add. Near MetroHealth, ~5 miles to Downtown Cleveland, with easy I-480/I-71 access. Available on its own or with the adjacent single-family at 4432 Pearl Road.

Investment Highlights

• All 3 units: full renovation (flooring, cabinets, paint, bathrooms,
• kitchens)
• Furnace: new furnace installed 2025
• Roof: entire flat roof completely replaced
• Underground plumbing: completely redone
• Basement: walls fully framed; permit-ready for 1–2 additional units