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$354,999 Just Listed
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Property Description
This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. Each unit has 2 bedrooms and 1 full bath. The roof was replaced in 2025 and comes with a 15-year warranty. Each unit features refinished hardwood and luxury vinyl plank flooring, fresh paint, updated kitchens, and several bathroom upgrades. Every unit also includes a private porch, adding to tenant appeal. Building systems have been modernized with new GE electrical panels and wiring in each unit, a new exterior electric meter bank, updated PVC plumbing, newer furnaces, and several newer hot water tanks. Vinyl windows are installed throughout. Currently, Unit 1,2,5 & 6 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.
Full Property Details
Full Property Details for 1156 Carl Ave
General
- Price: $354,999
- Taxes: $4,862 (2025)
- Status: Active
- Type: Apartment
- Source: 505
- MLS ID: 5181015
- Updated: 1/12/2026
- Added to Site: 5 day(s) ago
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Between Addison and Norwood
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Structural Information
- Year Built: 1917
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.121
- Lot Size: .121
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $4,862.68
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 105-21-035
Listed by EXP Realty, LLC., Peter Krusinski and EXP Realty, LLC., Jack Krusinski
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Price & Sales History for 1156 Carl Ave
Date
Details
Price
Change
Source
1/12/2026
Listed
$354,999
18.33%
MLS
5/24/2024
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1156 Carl Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,852
—
$47,010
31%
2023
$4,852
36%
$35,880
—
2022
$3,579
—
$35,880
—
2021
$3,589
69%
$35,880
75%
2020
$2,129
6%
$20,480
—
2019
$2,004
3%
$20,480
—
2018
$1,955
21%
$20,480
29%
2017
$1,615
—
$15,900
—
2016
$1,616
—
$15,900
—
2015
$1,619
-15%
$15,900
-16%
2014
$1,902
2%
$18,900
—
2013
$1,873
—
$18,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1156 Carl Ave
1156 Carl Avenue, Loveland, OH 44103 (MLS# 5181015) is a Apartment property. 1156 Carl Avenue is currently listed for $354,999 and was received on January 12, 2026. Want to learn more about 1156 Carl Avenue? Do you have questions about finding other Apartment real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

