4432 Pearl Road, Loveland, OH 44109 - Photo 1

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$570,000 Just Listed

For Sale
Active
Multi-Family
6 Total Beds
Updated 23 hours ago

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Property Description

4432 & 4438 Pearl Road are offered together as a portfolio - a great opportunity to acquire two fully renovated income properties in one turnkey transaction. 4432 is a stunning 5-bedroom, 2-bathroom single-family home - completely updated with new flooring, cabinets, bathrooms, electrical, plumbing, and HVAC throughout. Tenant pays all utilities. 4438 is a fully renovated 3-unit multifamily (3BD/1BA, 2BD/1BA, 2BD/1BA) with a new furnace (2025), brand new flat roof, and all underground plumbing redone. All 4 units are occupied with a professional property management company in place - just sit back and collect. Both properties are LEAD certified. Bonus: the basement at 4438 is framed, plumbed, and permit-ready for 1-2 additional units. Parking parcel between the two properties conveys with the sale. Appliances at 4438 convey; appliances at 4432 belong to the tenant. Strong cash flow from day one at an 8.06% current cap rate, with a clear path to 10.01% at market rents.

Full Property Details

Full Property Details for 4432 Pearl Rd

General

Price: $570,000
Taxes: $12,456 (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5202283
Updated: 4/17/2026
Added to Site: 1 day(s) ago

Interior

Number of Rooms: 9

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 6

Parking

Parking Features: On Site

Location

County: Cuyahoga
Township: Cleveland
Subdivision: City View Allotment
Driving Directions: On Pearl Road, south of the hospital

School Information

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

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 2
Construction: Metal Siding
Basement: Yes
Basement Desc.: Full
Roof: Asphalt, Fiberglass
Stories/Levels: 2
Year Built: 1900
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.402
Lot Size: .402
Lot Size Source: Assessor

Financial Considerations

Operating Expenses: $17,990
Tax Amount: $12,456.21
Tax Year: 2025
Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

Special Conditions: Standard
Legal Description: 58 CITYVW 0216 ALL, 58 CITY VW 0217 ALL, 58 CITY VW 0218 ALL
Property ID: 012-07-026

Listed by EXP Realty, LLC., Chassity Miller

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Listing agent

— 4432 Pearl Rd —

Chassity Miller

EXP Realty, LLC.

chassity@octopodallc.com, 330-604-2363

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NMLS#: 1598647

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Schools

Schools serving 4432 Pearl Rd

School District:Cleveland Municipal School District

Name	Grades	Distance
Charles A Mooney School 3213 Montclair Avenue, Cleveland, OH 44109	PK-8	0.3 mi
Rhodes College and Career Academy 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	0.6 mi
William C Bryant Elementary School 3121 Oak Park Avenue, Cleveland, OH 44109	PK-8	0.7 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	4.3 mi
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	0.6 mi
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109	9-12	2.2 mi
Bard Early College Cleveland 13501 Terminal Avenue, Cleveland, OH 44135	9-12	3.9 mi
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109	PK-8	0.9 mi
William Rainey Harper 5515 Ira Avenue, Cleveland, OH 44144	PK-3	0.9 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 4432 Pearl Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/17/2026

Listed

$570,000

104.3%

MLS

8/25/2021

Sold

$279,000

—

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 4432 Pearl Rd

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,530

—

$97,660

97%

2023

$6,530

-4%

$49,670

51%

2022

$6,805

107%

$32,800

—

2021

$3,281

-4%

$32,800

—

2020

$3,410

$32,800

—

2019

$3,210

$32,800

—

2018

$3,130

29%

$32,800

38%

2017

$2,421

—

$23,840

—

2016

$2,422

—

$23,840

—

2015

$2,428

-7%

$23,840

-8%

2014

$2,608

$25,910

—

2013

$2,568

—

$25,910

—

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 4432 Pearl Rd

4432 Pearl Road, Loveland, OH 44109 (MLS# 5202283) is a Multi-Family property with units containing 6 bedrooms, 1 full bathroom and 1 partial bathroom. 4432 Pearl Road is currently listed for $570,000 and was received on April 17, 2026. Want to learn more about 4432 Pearl 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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4432 Pearl Rd Loveland, OH 44109