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$160,000
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Property Description
Investor Opportunity - 1355 Addison Rd, Cleveland, OH 44103 We're excited to present this 4 unit multi-family home, a lead-safe certified investment property offering strong, reliable cash flow in an active Cleveland rental market. The property is currently generating $2,200 per month, and with a tenant placed in Unit 1, it can bring in an additional $1,100, raising the total projected monthly income to $3,300. This makes the property an excellent option for investors seeking stable returns, compliant with Cleveland's lead-safe requirements, and long-term value growth. With steady rental demand and immediate income-plus additional upside once fully occupied-this property stands out as a smart portfolio addition. If you're looking for a cash-flowing, lead-safe, high-yield investment, 1355 Addison Rd is absolutely worth consideration.
Full Property Details
Full Property Details for 1355 Addison Rd
General
- Sold For: $160,000
- Taxes: $4,804 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5180039
- Added to Site: 75 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage, Paved
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: OH-2 E/State Rte 2 E to E 55th St. Take exit 175 from I-90 E. E 55th St and Superior Ave to Addison Rd
- Direction Faces: South
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, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.21
- Lot Size: .21
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $4,804
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 106-04-088
Listed by LPT Realty, De'Vonte Threat
Sold by EXP Realty, LLC., Christopher J Neff
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Schools
Schools serving 1355 Addison Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 0.3 mi |
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 0.7 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 9.3 mi |
Design Lab @ Jane Addams 1740 East 32nd Street, Cleveland, OH 44114 | 9-12 | 1.6 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 1.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.8 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 0.8 mi |
Michael R. White 975 East Boulevard, Cleveland, OH 44108 | PK-8 | 1 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 1355 Addison Rd
Date
Details
Price
Change
Source
3/02/2026
Sold
$160,000
-3.03%
MLS
1/07/2026
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1355 Addison Road, Loveland, OH 44103 (MLS# 5180039) is a Multi-Family property that was sold at $160,000 on March 02, 2026. Want to learn more about 1355 Addison Road? 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.

