Sold
Last Sold Price
4 beds
1355 Addison Road, Cleveland, OH 44103
Multi FamilyProperty Type
9,147 sq ftLot Size
1900Year Built
2 carsParking Spaces

Description

Investor Opportunity – 1355 Addison Rd, Cleveland, OH 44103 We’re excited to present this 4 unit multi-family home, a lead-safe certified investment property offering strong, reliable cash flow in an active Cleveland rental market. The property is currently generating $2,200 per month, and with a tenant placed in Unit 1, it can bring in an additional $1,100, raising the total projected monthly income to $3,300. This makes the property an excellent option for investors seeking stable returns, compliant...Investor Opportunity – 1355 Addison Rd, Cleveland, OH 44103 We’re excited to present this 4 unit multi-family home, a lead-safe certified investment property offering strong, reliable cash flow in an active Cleveland rental market. The property is currently generating $2,200 per month, and with a tenant placed in Unit 1, it can bring in an additional $1,100, raising the total projected monthly income to $3,300. This makes the property an excellent option for investors seeking stable returns, compliant with Cleveland's lead-safe requirements, and long-term value growth. With steady rental demand and immediate income—plus additional upside once fully occupied—this property stands out as a smart portfolio addition. If you're looking for a cash-flowing, lead-safe, high-yield investment, 1355 Addison Rd is absolutely worth consideration.
  • Listed by: De'Vonte Threat 216.469.9763 threatdevonte@gmail.com • LPT Realty
Listing closed: 03/02/2026 12:00 AM • Source: MLS Now, MLS#: 5180039

Recent comparable sales

Median sold price

$125,750

Avg days on market

32

Sale-to-list ratio

86.7%

Cleveland, OH

9 comparable properties found

1

$125,000

Sold 03/25/26

4
Bedrooms
1
Bathrooms
1,626
Square Feet
0.08
Acres
$162,000 | 1372 East 111th Street, Cleveland, OH 44106
1/33
2

$162,000

Sold 01/15/25

4
Bedrooms
1,578
Square Feet
0.10
Acres
$125,750 | 9507 Columbia Avenue, Cleveland, OH 44108
1/37
3

$125,750

Sold 03/14/25

4
Bedrooms
1,384
Square Feet
0.08
Acres
4

$140,000

Sold 11/12/24

4
Bedrooms
1
Bathrooms
1,593
Square Feet
0.10
Acres
$125,000 | 9606 Parmelee Avenue, Cleveland, OH 44108
1/32
5

$125,000

Sold 05/20/26

4
Bedrooms
Unavailable
Square Feet
0.08
Acres
$129,900 | 1456 East 112th Street, Cleveland, OH 44106
1/25
6

$129,900

Sold 01/27/25

4
Bedrooms
1,294
Square Feet
0.08
Acres
$125,750 | 10205 Yale Avenue, Cleveland, OH 44108
1/35
7

$125,750

Sold 03/14/25

4
Bedrooms
2,052
Square Feet
0.14
Acres
$116,000 | 9203 Birchdale Avenue, Cleveland, OH 44106
1/18
8

$116,000

Sold 03/27/26

4
Bedrooms
Unavailable
Square Feet
0.06
Acres
9

$125,000

Sold 05/22/25

4
Bedrooms
1
Bathrooms
1,380
Square Feet
0.08
Acres

Location

Listing Courtesy of LPT Realty

Sold By EXP Realty, LLC.

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Payment Calculator

$1,214 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$400

HOA Dues

$0

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Property Information for 1355 Addison Road

Property Details
  • Taxes: $4,804 / year
  • MLS Type: Residential Income / Quadruplex
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 1900
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • Directions: OH-2 E/State Rte 2 E to E 55th St. Take exit 175 from I-90 E. E 55th St and Superior Ave to Addison Rd
  • Latitude: 41.517896
  • Longitude: -81.638355
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 106-04-088
  • Tax Annual Amount: $4,804.00
  • Tax Year: 2024
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Driveway, Detached, Garage, Paved
Property
Lot Information
  • Direction Faces: South
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1900
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding, Brick
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 1
  • Total Bedrooms: 4
  • Cooling: Ceiling Fans
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Main Level Bathrooms: 0
  • Total Rooms: 8
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $2,200.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: No
  • Occupant Type: Vacant
  • Type: Three Bedroom
Unit 2
  • Actual Rent: $800.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Month to Month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $800.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Month to Month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 4
  • Actual Rent: $600.00
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Month to Month
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom

Property History for 1355 Addison Road

DateEvent & SourcePriceAppreciation
Mar 2, 2026

Sold

MLS Now #5180039

$160,000
Feb 25, 2026

Sold (Public Record)

Public Record #1930292323

$160,000

-16.0% / yr

Jan 9, 2026

Contract Signed

MLS Now #5180039

DateEvent & SourcePrice
03/02/2026

Sold

MLS Now #5180039

$160,000
02/25/2026

Sold (Public Record)

Public Record #1930292323

$160,000

-16.0% / yr

01/09/2026

Contract Signed

MLS Now #5180039

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1355 Addison Road

Taxable ValueLand$3,640Additions$42,910Total$46,550
Tax Record2025$4,823 ($402 / month)
Home Facts
Total Finished SqFt2,856 SqFtAbove Grade Finished SqFt2,856 SqFtStories2Lot Size9,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1942Zoning2FCountyCUYAHOGAAPN106-04-088

Schools near 1355 Addison Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Wade Park School
PublicPK to 8

Campus International High School
Public9 to 12

Willson School
PublicPK to 8

Daniel E Morgan School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1355 Addison Road, Cleveland, OH 44103
$160,000
4
9,147
$5,500
2,940
4
3
1,834
6,300
$30,000
5
2,022
3,968
$99,900
4
2
1,852
3,808
$32,500
6
2,356
2,940

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty

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