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$370,500
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Property Description
Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.
Full Property Details
Full Property Details for 4412 E 156th St
General
- Sold For: $370,500
- Taxes: $5,182 (2024)
- Status: Closed
- Type: Commercial
- Source: 505
- MLS ID: 5171179
- Added to Site: 179 day(s) ago
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Miles Heights Allotment
- Driving Directions: Various addresses in Cleveland.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Multi-Family, Residential, Single Family
- Year Built: 1952
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.426
- Lot Size: .426
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $5,182
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 82 MILES HTS 0121 ALL
- Property ID: 142-13-068
Listed by Russell Real Estate Services, Tal Tamir and Russell Real Estate Services, Benjamin Peleg
Sold by Lokal Real Estate, LLC., Keyano Burgess
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Schools
Schools serving 4412 E 156th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
John F Kennedy High School 15111 Miles Avenue, Cleveland, OH 44128 | 9-12 | 0.3 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 0.8 mi |
Whitney M Young PreK-8 School 17900 Harvard Avenue, Cleveland, OH 44128 | PK-8 | 1.2 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.4 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 4.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.8 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.8 mi |
Miles School 11918 Miles Avenue, Cleveland, OH 44105 | PK-8 | 1.5 mi |
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 1.5 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 4412 E 156th St
Date
Details
Price
Change
Source
5/28/2026
Sold
$370,500
-13.84%
MLS
2/09/2026
Price Reduced
$430,000
-4.44%
MLS
12/01/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4412 E 156th Street, Loveland, OH 44128 (MLS# 5171179) is a Commercial property that was sold at $370,500 on May 28, 2026. Want to learn more about 4412 E 156th Street? Do you have questions about finding other Commercial real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

