4438 Pearl Rd | Cleveland, OH 44109-4251, US
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.
Pearl Road is a primary north-south arterial offering direct connectivity to Downtown Cleveland (~5 miles north), Parma, and the southwest suburbs. The neighborhood benefits from proximity to MetroHealth Medical Center, one of Cleveland's largest employers, and convenient access to I-480 and I-71. Dense mix of owner-occupied and rental housing with strong long- term occupancy fundamentals. Retail, restaurants, and services within walking distance. Strong RTA bus transit access. The location attracts stable, long-term tenants and supports consistent rental demand.
