6538 Newman Avenue, Loveland, OH 44127 - Photo 1

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$220,000 Just Listed

For Sale
Active
Multi-Family
8 Total Beds
Updated 5 hours ago

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Property Description

NO WHOLESELLERS, NO ASSIGNMENT CONTRACTS, NO CREATIVE/SELLER FINANCING Semi-Turnkey 4-unit investment opportunity packed with potential! Each spacious unit features 2 bedrooms and 1 full bathroom, offering an ideal layout for attracting long-term tenants or maximizing rental income. This property is primed for a new owner to step in, get the units rented, and start generating substantial cash flow. Conveniently located just 5 minutes from I-480 and only 10 minutes from Downtown Cleveland, this property offers easy access for commuters while maintaining a quiet residential feel. Situated on a dead-end brick street, tenants will appreciate the added privacy and charm of a low-traffic setting. Whether you're an investor looking to expand your portfolio or seeking a value-add opportunity, this property delivers the space, location, and income potential to make it a strong addition to your holdings.

Full Property Details

Full Property Details for 6538 Newman Ave

General

Price: $220,000
Taxes: $6,060 (2025)
Status: Active
Type: Multi-Family
Source: 505
MLS ID: 5201565
Updated: Today (4/15/2026)
Added to Site: Today

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Driveway

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Newman
Driving Directions: Take the exit toward Transportation Blvd / Granger Rd from I-480 Merge onto Transportation Blvd and continue north Turn right onto Granger Rd Continue on Granger Rd for about 2â€“3 miles Turn left onto E 71st St Drive north on E 71st St for about 1 mile Turn right onto Harvard Ave Continue on Harvard Ave briefly Turn left onto E 65th St Proceed north a short distance Turn right onto Newman Ave Continue to 6538 Newman Ave, which will be on your right

School Information

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

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Brick, Vinyl Siding
Basement: Yes
Basement Desc.: Full, Unfinished
Roof: Asphalt, Fiberglass
Stories/Levels: 3
Square Feet: 4,752
Living Area: 4,752 Sq. Ft.
Finished Above Grnd: 3,168 Sq. Ft.
Finished Below Grnd: 1,584 Sq. Ft.
Year Built: 1915
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1527
Lot Size: .1527
Lot Size Source: Assessor

Financial Considerations

Tax Amount: $6,060
Tax Year: 2025
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Legal Description: 326 NEWMAN 0018 ALL
Disclosures/Rstr.: Principal is Real Estate Licensed
Property ID: 125-12-072

Listed by Keller Williams Greater Metropolitan, Cliff Louis and Keller Williams Greater Metropolitan, Robin Grier

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Listing agents

— 6538 Newman Ave —

Cliff Louis

Keller Williams Greater Metropolitan
Robin Grier

Keller Williams Greater Metropolitan

CliffLouis@kw.com, 203-554-9020

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NMLS#: 1598647

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Schools

Schools serving 6538 Newman Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104	PK-8	0.3 mi
Mound Elementary School, Cleveland, OH 5935 Ackley Road, Cleveland, OH 44105	PK-8	1 mi
Dike School of Arts 2501 East 61st Street, Cleveland, OH 44104	PK-8	1 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	7.9 mi
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115	9-12	1.7 mi
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114	9-12	2.3 mi
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106	9-12	2.4 mi
East Technical High School 2439 East 55th Street, Cleveland, OH 44104	9-12	1.2 mi
Alfred A. Benesch School 5393 Quincy Avenue, Cleveland, OH 44104	K-8	1.3 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 6538 Newman Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/15/2026

Listed

$220,000

57.26%

MLS

2/12/2021

Sold

$139,900

—

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 6538 Newman Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,559

—

$44,170

-3%

2023

$4,559

—

$45,540

—

2022

$4,542

—

$45,540

—

2021

$4,555

84%

$45,540

91%

2020

$2,474

$23,800

—

2019

$2,329

$23,800

—

2018

$2,271

69%

$23,800

80%

2017

$1,344

—

$13,230

—

2016

$1,344

—

$13,230

—

2015

$1,348

-15%

$13,230

-16%

2014

$1,586

$15,760

—

2013

$1,562

—

$15,760

—

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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 6538 Newman Ave

6538 Newman Avenue, Loveland, OH 44127 (MLS# 5201565) is a Multi-Family property with units containing 8 bedrooms and 4 full bathrooms. 6538 Newman Avenue is currently listed for $220,000 and was received on April 15, 2026. Want to learn more about 6538 Newman 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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6538 Newman Ave Loveland, OH 44127