This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$214,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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
- Sold For: $214,500
- Taxes: $2,876 (2025)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5193530
- Added to Site: 101 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 and Sold by EXP Realty, LLC., Vanessa L Motaabbed and EXP Realty, LLC., Wayne Brooks
Get Pre-Approved Today
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
Date
Details
Price
Change
Source
5/15/2026
Sold
$214,500
-8.72%
MLS
3/17/2026
Listed
$235,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12014 Iowa Avenue, Loveland, OH 44108 (MLS# 5193530) is a Multi-Family property that was sold at $214,500 on May 15, 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.

