4764 Pearl RoadCleveland, OH 44109

4764 Pearl RoadCleveland, OH 44109

1/31 Virtual Tour Fullscreen
$375,000 Active
Multi Unit - Multiple MLS 5180888
8 beds 4 full baths 3,490 sqft

Listed By

Agency Name: Keller Williams Citywide
Agency Contact: madisontimoteo@kw.com, 216-242-7025

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR THIS HOME

Choose a date and time to see 4764 Pearl Road, Cleveland, OH 44109.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Friday March 27
  • Saturday March 28
  • Sunday March 29
  • Monday March 30
  • Tuesday March 31
  • Wednesday April 1
  • Thursday April 2
  • Friday April 3
  • Saturday April 4
  • Sunday April 5
  • Monday April 6
  • Tuesday April 7
  • Wednesday April 8
  • Thursday April 9
  • Friday April 10
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Property Description

Exceptional Quadruplex Opportunity in Old Brooklyn Ideal for Owner-Occupants or Investors! Solid brick 4-unit property featuring four spacious 2-bedroom, 1-bath units with functional layouts and dedicated dining areas. With two units currently vacant, this is a rare opportunity for an owner-occupant to move right in and offset their mortgage, or for an investor to lease up and maximize returns. Current rents are $900/month in the occupied units, while comparable 2-bedroom units in the area lease for approximately $950$1,100/month. With two units ready for immediate occupancy, a new owner has the opportunity to achieve projected gross monthly income approaching $4,000 at full occupancy. Each unit includes a refrigerator and stove, private porch space, and exterior rear access. The lower level offers shared laundry and individual storage lockers for added tenant convenience. A 4-car garage provides one space per unit plus additional storage?an increasingly rare and valuable amenity. Located in Cleveland's desirable Old Brooklyn neighborhood, the property offers strong rental demand with easy access to downtown, major highways, shopping, dining, and parks. Whether you're looking to house hack or expand your portfolio, this property combines durable construction, practical layouts, and clear income potential.

4764 Pearl Road | MLS# 5180888

This multi-family property located at 4764 Pearl Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $375,000. Pearl Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 2535searsroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Common Basement
Cooling: Window Unit(s)
Days on Market: 69
Garage: 4
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $11,325 / year
Year Built: 1925

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Brick
Fencing: Wood
Laundry: Common Area
Parcel#: 012-16-021
Parking: Detached, Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 4764 Pearl Road, Cleveland, OH 44109
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,882.75 per month $1,829.63 Principal & Interest $943.75 Property Tax $109.38 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage