4019 Newark Avenue, Loveland, OH 44109 - Photo 1

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1/23

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$299,900 Just Listed

For Sale
Active
Multi-Family
8 Total Beds
Updated 6 hours ago

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1/23

Property Description

Investors, this one is priced to sell and ready to produce income from day one. This turnkey quadplex sits in the heart of Clark Fulton, one of Cleveland's most active investment corridors, and offers a rare mix of immediate cash flow and upside. One unit is currently occupied by a long term tenant on a lifelong housing voucher, generating a reliable $1,120 per month at 100% voucher coverage, meaning guaranteed rent with no vacancy risk on that unit. The remaining three units, a spacious 3 bedroom, a 1 bedroom, and a 2 bedroom, are all vacant and rent ready, giving a new owner the flexibility to place tenants immediately at full market rent or explore other rental strategies. With one unit already cash flowing and three more ready to lease right away, this property offers a fast path to a fully stabilized income stream. Whether you are an experienced investor looking to add a proven performer to your portfolio or just getting started in multifamily, 4019 Newark delivers the kind of numbers that are hard to find in today's market. Priced to sell and ready to move quickly, this is a cash flow opportunity you do not want to miss.

Full Property Details

Full Property Details for 4019 Newark Ave

General

Price: $299,900
Taxes: $8,823 (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5239657
Updated: Today (8/25/2026)
Added to Site: Today

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Off Street

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Rhodes Gartnell & Barbers All
Driving Directions: N on W 41st, E on Newark

School Information

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

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall/Window Unit(s)
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Shingle
Stories/Levels: 2
Year Built: 1900
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1004
Lot Size: .1004
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $8,823.5
Tax Year: 2025

Disclosures and Reports

Special Conditions: Standard
Legal Description: 54 RHB&S 0188 WP
Property ID: 007-29-112

Listed by RE/MAX Infinity, Aiden Avtgis

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Listing agent

— 4019 Newark Ave —

Aiden Avtgis

RE/MAX Infinity

sellwithaiden@gmail.com, 330-415-7054

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NMLS#: 1598647

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Schools

Schools serving 4019 Newark Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Walton School 3409 Walton Avenue, Cleveland, OH 44113	PK-8	0.4 mi
Lincoln West School of Science & Health 3202 West 30th Street, Cleveland, OH 44109	9-12	0.5 mi
Facing History High School@Charles Mooney 3202 West 30th Street, Cleveland, OH 44109	9-12	0.5 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	4.3 mi
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109	9-12	0.5 mi
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	2.5 mi
Davis Aerospace & Maritime High School 1440 Lakeside Avenue East, Cleveland, OH 44114	9-12	3.1 mi
Clark School 5550 Clark Avenue, Cleveland, OH 44102	PK-8	0.6 mi
Orchard School 4200 Bailey Avenue, Cleveland, OH 44113	PK-8	0.7 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 4019 Newark Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/25/2026

Listed

$299,900

-39.11%

MLS

10/19/2023

Sold

$492,500

—

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 4019 Newark Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,534

—

$53,410

—

2024

$5,512

-5%

$53,410

2023

$5,822

12%

$52,220

—

2022

$5,208

20%

$52,220

—

2021

$4,335

261%

$52,220

195%

2020

$1,201

$17,710

—

2019

$1,130

$17,710

—

2018

$1,102

12%

$17,710

2017

$984

—

$16,180

—

2016

$985

—

$16,180

—

2015

$987

-14%

$16,180

-15%

2014

$1,150

$19,050

—

2013

$1,133

—

$19,050

—

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 4019 Newark Ave

4019 Newark Avenue, Loveland, OH 44109 (MLS# 5239657) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 4019 Newark Avenue is currently listed for $299,900 and was received on August 25, 2026. Want to learn more about 4019 Newark 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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4019 Newark Ave Loveland, OH 44109