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$165,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 4 Total Beds
  • 2 Car Garage
  • Updated 6 days ago
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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 for 1355 Addison Rd

General

  • Price: $165,000
  • Taxes: $4,804 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5180039
  • Updated: 1/12/2026
  • Added to Site: 11 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

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Listing agent

— 1355 Addison Rd —

  • De'Vonte Threat

    LPT Realty

threatdevonte@gmail.com, 216-469-9763

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1355 Addison Rd

School District:Cleveland Municipal School District
NameGradesDistance
Wade Park
7600 Wade Park Avenue, Cleveland, OH 44103
PK-80.3 mi
Willson School
1122 Ansel Rd, Cleveland, OH 44108
PK-80.7 mi
Daniel E Morgan School
8912 Morris Court, Cleveland, OH 44106
PK-80.7 mi
John Marshall School of Information Technology
3952 West 140th Street, Cleveland, OH 44111
9-129.3 mi
Design Lab @ Jane Addams
1740 East 32nd Street, Cleveland, OH 44114
9-121.6 mi
Campus International High School
3100 Chester Avenue, Cleveland, OH 44114
9-121.7 mi
John Hay School Of Science & Medicine
2075 Stokes Boulevard, Cleveland, OH 44106
9-121.8 mi
Mary B Martin School
8200 Brookline Avenue, Cleveland, OH 44103
PK-80.8 mi
Michael R. White
975 East Boulevard, Cleveland, OH 44108
PK-81 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1355 Addison Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Listed
$165,000
-10.81%
MLS
4/27/2025
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
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 for 1355 Addison Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,804
—
$46,550
360%
2023
$4,804
376%
$10,120
—
2022
$1,009
—
$10,120
—
2021
$1,012
-29%
$10,120
-26%
2020
$1,420
6%
$13,650
—
2019
$1,337
3%
$13,660
—
2018
$1,304
-18%
$13,660
-13%
2017
$1,597
—
$15,720
—
2016
$1,597
—
$15,720
—
2015
$1,601
-15%
$15,720
-16%
2014
$1,885
2%
$18,730
—
2013
$1,856
—
$18,730
—
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 for 1355 Addison Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by LPT Realty, De'Vonte Threat

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1355 Addison Road, Loveland, OH 44103 (MLS# 5180039) is a Multi-Family property with units containing 4 bedrooms and 1 full bathroom. 1355 Addison Road is currently listed for $165,000 and was received on January 07, 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.

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