12014 Iowa Avenue, Loveland, OH 44108 - Photo 1

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$235,000 Just Listed

For Sale
Active
Multi-Family
4 Total Beds
Updated 2 days ago

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Property Description

Fully occupied, cash-flowing 4-unit investment opportunity generating income from day one. This solid brick quadruplex features four 1-bedroom, 1-bath units, all currently tenant occupied with rents ranging from $650-$860 per month. The property offers approximately 4,900 square feet of living space across two levels and presents a great opportunity for investors seeking stable rental income with long-term hold potential. Conveniently located in Cleveland's Eddy Road neighborhood just south of I-90, offering quick highway access and proximity to local amenities. There is also a value-add opportunity, as the property is pending city approval to convert the existing 1 bed / 1 bath units into 2 bed / 1 bath units, which may increase rental demand and future rent potential. This provides investors with the ability to enhance unit layouts and maximize income potential over time.

Full Property Details

Full Property Details for 12014 Iowa Ave

General

Price: $235,000
Taxes: $2,876 (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5193530
Updated: 3/17/2026
Added to Site: 2 day(s) ago

Interior

Appliances: Range, Refrigerator

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 4

Parking

Parking Features: Outside, On Street

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Eddy Road Allotment
Driving Directions: South of I-90 of Eddy Rd

School Information

Elem School District: Cleveland Municipal - 1809
Midd School District: Cleveland Municipal - 1809
High School District: Cleveland Municipal - 1809

Heating & Cooling

Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Brick
Basement: Yes
Basement Desc.: Unfinished
Roof: Flat
Stories/Levels: 2
Square Feet: 4,911
Living Area: 4,911 Sq. Ft.
Finished Above Grnd: 4,911 Sq. Ft.
Year Built: 1924
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.0658
Lot Size: .0658
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $2,876
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard
Legal Description: 357 BERSTEW S/L68NWP 0067 NWC
Property ID: 111-06-037

Listed by EXP Realty, LLC., Vanessa L Motaabbed and EXP Realty, LLC., Wayne Brooks

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Listing agents

— 12014 Iowa Ave —

Vanessa L Motaabbed

EXP Realty, LLC.
Wayne Brooks

EXP Realty, LLC.

vanessa@clehomepros.com, 216-770-3442

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NMLS#: 1598647

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Schools

Schools serving 12014 Iowa Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Glenville High School 650 East 113th Street, Cleveland, OH 44108	9-12	0.6 mi
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108	PK-8	0.9 mi
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108	PK-8	0.9 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	12 mi
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106	9-12	3.1 mi
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	3.1 mi
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	3.1 mi
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112	PK-8	1 mi
East Clark 885 East 146th Street, Cleveland, OH 44110	PK-8	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12014 Iowa Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/17/2026

Listed

$235,000

422.22%

MLS

7/30/2024

Sold

$45,000

—

Public Record

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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 12014 Iowa Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,865

—

$27,760

12%

2023

$2,865

10%

$24,780

—

2022

$2,595

$24,780

—

2021

$2,479

$24,780

12%

2020

$2,304

$22,160

—

2019

$2,169

$22,160

—

2018

$2,115

34%

$22,160

43%

2017

$1,575

—

$15,510

—

2016

$1,576

—

$15,510

—

2015

$1,580

-15%

$15,510

-16%

2014

$1,857

$18,450

—

2013

$1,812

—

$18,450

—

View All

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 12014 Iowa Ave

12014 Iowa Avenue, Loveland, OH 44108 (MLS# 5193530) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 12014 Iowa Avenue is currently listed for $235,000 and was received on March 17, 2026. Want to learn more about 12014 Iowa Avenue? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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12014 Iowa Ave Loveland, OH 44108