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$128,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • Updated 1 day ago
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FULLY OCCUPIED bringing in $2280 per month!! This is a solid all-brick four-unit property in Cleveland's up-and-coming east side that has four spacious 1-bedroom, 1-bath apartments approximately 860 sq ft each. Separate tenant paid utilities and long-term renters in place makes this property a slam dunk. The units are all in good condition and cared for well by the tenants. They are all currently on year leases which are up for renewal in March of 2026. Tenants pay their own utilities- Owner covers water, sewer, community electric, and landscaping. Recent gross annual income is approximately $30,057 with potential for increased rents as leases renew! The property offers a full basement with shared laundry, on-street parking, and classic Cleveland architecture built to last. Major updates include a brand new roof, 2 newer hot water tanks, and some new windows. Located near major employers, public transit, and the University Circle corridor, this quadplex provides stable cash flow and solid long-term upside. Perfect addition to your rental portfolio or as a first investment property. Contact listing agent for a link to view all interior photos and videos of units!

Full Property Details for 656 E 106th St

General

  • Sold For: $128,000
  • Taxes: $3,996 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5164463
  • Added to Site: 92 day(s) ago

Interior

  • Number of Rooms: 16

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area, In Basement

Parking

  • Parking Features: On Street

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: Frederick G Hanks
  • Driving Directions: Head East on St. Clare Ave. Turn right onto Parkwood Drive (one way). go around bend and the building is on the left.
  • Direction Faces: Northeast

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: Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 5,169
  • Living Area: 5,169 Sq. Ft.
  • Finished Above Grnd: 3,446 Sq. Ft.
  • Finished Below Grnd: 1,723 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.148
  • Lot Size: .148
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $3,996.76
  • Tax Year: 2024
  • Terms: Cash, Conventional, Private Financing Available

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 362 SL 9 AC EST 15 0008 10825011
  • Property ID: 108-25-010

Listed and Sold by Real of Ohio, Christine Revay and Real of Ohio, Thomas Garuccio

Listing agents

— 656 E 106th St —

  • Christine Revay

    Real of Ohio

  • Thomas Garuccio

    Real of Ohio

chrissy@garucciogroup.com, 440-376-4181

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 656 E 106th St

School District:Cleveland Municipal School District
NameGradesDistance
Glenville High School
650 East 113th Street, Cleveland, OH 44108
9-120.3 mi
Franklin D. Roosevelt
800 Linn Drive, Cleveland, OH 44108
PK-80.3 mi
Stephanie Tubbs Jones
11901 Durant Avenue, Cleveland, OH 44108
PK-80.6 mi
Willson School
1122 Ansel Rd, Cleveland, OH 44108
PK-81.3 mi
Mary M Bethune
11815 Moulton Avenue, Cleveland, OH 44106
PK-81.4 mi
Daniel E Morgan School
8912 Morris Court, Cleveland, OH 44106
PK-81.6 mi
Wade Park
7600 Wade Park Avenue, Cleveland, OH 44103
PK-81.9 mi
East Clark
885 East 146th Street, Cleveland, OH 44110
PK-82.1 mi
Mary B Martin School
8200 Brookline Avenue, Cleveland, OH 44103
PK-82.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 656 E 106th St

Date
Details
Price
Change
Source
11/10/2025
Sold
$128,000
7.56%
MLS
10/15/2025
Listed
$119,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Real of Ohio, Christine Revay and Real of Ohio, Thomas Garuccio

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656 E 106th Street, Loveland, OH 44108 (MLS# 5164463) is a Multi-Family property that was sold at $128,000 on November 10, 2025. Want to learn more about 656 E 106th Street? 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.