8111 Madison Avenue, Loveland, OH 44102 - Photo 1

1/1

$380,000

Sold
Closed
Multi-Family
8 Total Beds
Updated 12 days ago

1/1

Property Description

Fully renovated 4-unit investment opportunity in the growing 44102 neighborhood, delivered completely vacant and ready for immediate lease-up. Each unit features 2 bedrooms and has been fully updated with new kitchen cabinets, countertops, flooring, fresh paint, and fully remodeled bathrooms. Major capital improvements include new furnaces, new hot water tanks, updated mechanical systems, new electrical, new gas service, and new windows, meaning the heavy lifting has already been completed, and the only remaining step is placing tenants and collecting rent. CMHA market rents support approximately $1,100-$1,300 per unit, creating a projected gross income of $4,500+ per month once stabilized. Tenants pay their own gas and electric, keeping operating expenses low, with the owner responsible only for water and sewer; implementing a utility reimbursement program could further increase NOI. Conveniently located near Detroit Shoreway, Starbucks, Lakewood, and major retail corridors, this property sits in one of Cleveland's most active rental markets with strong tenant demand and long-term growth potential. NO seller financing.

Full Property Details

Full Property Details for 8111 Madison Ave

General

Sold For: $380,000
Taxes: $5,592 (2024)
Status: Closed
Type: Multi-Family
Source: 505
MLS ID: 5186674
Added to Site: 112 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Other

Location

County: Cuyahoga
Township: Cleveland
Subdivision: Hardy
Driving Directions: Lorain Ave (OH-10). Turn left onto W 83rd St. Turn right onto Madison Avenue to 8111.

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, Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 1
Construction: Brick
Basement: Yes
Basement Desc.: Partial
Roof: Composition, Shingle
Stories/Levels: 2
Square Feet: 6,502
Living Area: 6,502 Sq. Ft.
Finished Above Grnd: 4,372 Sq. Ft.
Finished Below Grnd: 2,130 Sq. Ft.
Year Built: 1920
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 0.1147
Lot Size: .1147
Lot Size Source: Public Records

Financial Considerations

Tax Amount: $5,592
Tax Year: 2024

Disclosures and Reports

Special Conditions: Standard
Legal Description: 28 HARDYS S/L 58 ALL 0059 WP
Property ID: 006-03-032

Listed by Keller Williams Living, Erin Thomas and Keller Williams Living, Dontez Sanders
Sold by Reafco, Remington Lyman

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agents

— 8111 Madison Ave —

Erin Thomas

Keller Williams Living
Dontez Sanders

Keller Williams Living

Erinthomas@kwcommercial.com, 440-670-2300

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 8111 Madison Ave

School District:Cleveland Municipal School District

Name	Grades	Distance
Marion C Seltzer Elementary School 1468 West 98th Street, Cleveland, OH 44102	PK-8	0.6 mi
Halle 7901 Halle Avenue, Cleveland, OH 44102	PK-8	0.6 mi
Max S Hayes High School 2211 West 65th Street, Cleveland, OH 44102	9-12	0.8 mi
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111	9-12	3.4 mi
Lincoln West School Of Global Studies 3202 West 30th Street, Cleveland, OH 44109	9-12	2.2 mi
John Marshall School of Business and Civic Leadership 3952 West 140th Street, Cleveland, OH 44111	9-12	3.4 mi
Rhodes Schools of Environmental Studies 5100 Biddulph Avenue, Cleveland, OH 44144	9-12	3.4 mi
Waverly Elementary School 1805 West 57th Street, Cleveland, OH 44102	PK-8	0.9 mi
Louisa May Alcott Elementary School 10308 Baltic Road, Cleveland, OH 44102	K-5	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 8111 Madison Ave

Date

Details

Price

Change

Source

6/04/2026

Sold

$380,000

-4.76%

MLS

2/26/2026

Listed

$399,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

9943 Huntersrun Ln, Symmes Township, OH 45242 - Photo 1

Just Listed

$1,249,900

Open House

9943 Huntersrun Ln Symmes Township, OH 45242

Single Family
Active
Updated 2 days ago

4
Beds
3
Total Baths
3,364
Sq. Ft.

Listed by Julia Packer-Wesselkamper (513) 720-4496 and Alica McShaw (513) 226-5851

9011 Fox Hunter Ln, Symmes Township, OH 45242 - Photo 1

Just Listed

$664,900

9011 Fox Hunter Ln Symmes Township, OH 45242

Single Family
Active
Updated 3 days ago

4
Beds
3
Total Baths
2,934
Sq. Ft.

9296 Witherbone Ct, Symmes Township, OH 45242 - Photo 1

Just Listed

$860,000

9296 Witherbone Ct Symmes Township, OH 45242

Single Family
Active
Updated 2 days ago

5
Beds
5
Total Baths
4,126
Sq. Ft.

9249 Steeplechase Dr, Symmes Township, OH 45242 - Photo 1

Just Listed

$949,000

Open House

9249 Steeplechase Dr Symmes Township, OH 45242

Single Family
Active
Updated 3 hours ago

4
Beds
4
Total Baths
4,061
Sq. Ft.

10750 Bentley Pass Ln, Symmes Township, OH 45140 - Photo 1

Price Reduced

-$30,000 (-3.53%)

$820,000

10750 Bentley Pass Ln Symmes Township, OH 45140

Single Family
Active
Updated 3 days ago

5
Beds
4
Total Baths
3,440
Sq. Ft.

12130 Snider Rd, Symmes Township, OH 45249 - Photo 1

12130 Snider Rd Symmes Township, OH 45249

Single Family
Active
Updated 5 days ago

3
Beds
3
Total Baths
2,291
Sq. Ft.

9960 Walnutridge Ct, Symmes Township, OH 45242 - Photo 1

Price Reduced

-$26,000 (-3.59%)

$699,000

9960 Walnutridge Ct Symmes Township, OH 45242

Single Family
Active
Updated 23 hours ago

5
Beds
5
Total Baths
3,849
Sq. Ft.

9761 Farmstead Dr, Symmes Township, OH 45140 - Photo 1

Price Reduced

-$50,000 (-4.55%)

$1,050,000

9761 Farmstead Dr Symmes Township, OH 45140

Single Family
Active
Updated 1 day ago

5
Beds
5
Total Baths
6,387
Sq. Ft.

2058 W 98th St, Loveland, OH 44102 - Photo 1

Sold

$371,000

2058 W 98th St Loveland, OH 44102

Single Family
Closed

3
Beds
3
Total Baths
4,137
Sq. Ft.

Listed by RE/MAX Crossroads Properties, Anthony R Latina
Sold by Keller Williams Chervenic Rlty, Brandon J Hodgkiss and Keller Williams Chervenic Rlty, Gretchen Hodgkiss

1346 W 73rd St, Loveland, OH 44102 - Photo 1

Sold

$375,000

1346 W 73rd St Loveland, OH 44102

Single Family
Closed

3
Beds
3
Total Baths
1,646
Sq. Ft.

Listed by Berkshire Hathaway HomeServices Professional Realty, Allie Carr
Sold by JAMM Real Estate Co., Michael L Anter

2049 West Blvd, Loveland, OH 44102 - Photo 1

Sold

$418,000

2049 West Blvd Loveland, OH 44102

Duplex
Closed

5
Beds
3
Total Baths
2,540
Sq. Ft.

Listed by Ohio Broker Direct, Joan Elflein and Ohio Broker Direct, Tana Lantry
Sold by Engel & VÃ¶lkers Distinct, Krissi Ianni

10105 Baltic Rd, Loveland, OH 44102 - Photo 1

Sold

$336,000

10105 Baltic Rd Loveland, OH 44102

Duplex
Closed

5
Beds
3
Total Baths
2,625
Sq. Ft.

Listed by EXP Realty, LLC., Sylvia Incorvaia
Sold by Howard Hanna, Craig D Umland and Howard Hanna, Gregg M Wasilko

8111 Madison Avenue, Loveland, OH 44102 (MLS# 5186674) is a Multi-Family property that was sold at $380,000 on June 04, 2026. Want to learn more about 8111 Madison 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.

8111 Madison Ave Loveland, OH 44102