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$385,000
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Property Description
Rare opportunity for an owner-occupant or investor in the heart of Old Brooklyn! With one unit currently vacant and move-in ready, this all-brick four-unit property offers the chance to live in one unit while rental income from the remaining apartments helps offset monthly housing costs, or add a strong multi-family asset to your portfolio. The property features four spacious 2-bedroom, 1-bath units, each offering a dedicated dining area, private porch access, and separate rear exterior entry. Three units are currently occupied, with rents at $900, $900, and $1,050 per month, providing immediate income and future upside potential. Comparable two-bedroom rentals in the area commonly lease for approximately $1,100 to $1,200 per month, presenting an opportunity for increased cash flow over time. Additional amenities include a shared laundry area, private storage lockers for each unit, and a rare four-car garage with one dedicated space per unit. Whether you're looking to reduce your housing costs through rental income, grow your investment portfolio, or take advantage of a true live-in-one, rent-the-rest opportunity, this versatile property offers flexibility and long-term potential in a proven rental market.
Full Property Details
Full Property Details for 4764 Pearl Rd
General
- Sold For: $385,000
- Taxes: $11,325 (2025)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5212106
- Added to Site: 50 day(s) ago
Interior
- Appliances: Microwave, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Basement, Multiple Locations
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Assigned, Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: H A Kangessers City Gardens Allo
- Driving Directions: Brookpark Road to Pearl Road, North on Pearl Road
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: Ceiling Fan(s), Window Unit(s)
- Heating Type: Forced Air, Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 3,490
- Living Area: 3,490 Sq. Ft.
- Finished Above Grnd: 3,490 Sq. Ft.
- Year Built: 1925
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1652
- Lot Size: .1652
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $11,325
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: Water
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 42 CITY GAR #2 0336 ALL
- Property ID: 012-16-021
Listed and Sold by Keller Williams Citywide, Madison Timoteo and Keller Williams Citywide, Hannah Pannetti
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Schools
Schools serving 4764 Pearl Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Rhodes College and Career Academy 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 0.3 mi |
William Rainey Harper 5515 Ira Avenue, Cleveland, OH 44144 | PK-3 | 0.3 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 mi |
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144 | 9-12 | 0.3 mi |
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109 | 9-12 | 2.8 mi |
Bard Early College Cleveland 13501 Terminal Avenue, Cleveland, OH 44135 | 9-12 | 3.5 mi |
Charles A Mooney School 3213 Montclair Avenue, Cleveland, OH 44109 | PK-8 | 0.9 mi |
Benjamin Franklin 1905 Spring Road, Cleveland, OH 44109 | PK-8 | 1.4 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 4764 Pearl Rd
Date
Details
Price
Change
Source
7/02/2026
Sold
$385,000
4.08%
MLS
5/21/2026
Listed
$369,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4764 Pearl Road, Loveland, OH 44109 (MLS# 5212106) is a Multi-Family property that was sold at $385,000 on July 02, 2026. Want to learn more about 4764 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.

